Average Rent in Providence, RI and Rent Price Trends

Rent price trends in
Providence, RI

Rent price trends

Rent prices for all bedroom counts and property types in Providence, RI have increased by 2% in the last month and have increased by 2% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Providence, RI
The monthly rent for an apartment in Providence, RI is $2,100. A 1-bedroom apartment in Providence, RI costs about $1,850 on average, while a 2-bedroom apartment is $2,200. Houses for rent in Providence, RI are more expensive, with an average monthly cost of $2,999.


1 bedroom	$1,850	No Change	12%
2 bedroom	$2,200	1%	6%
3 bedroom	$2,400	2%	3%
4 bedroom	$3,280	5%	17%
Studio	$1,550	1%	6%

		Comparables
Blackstone	$2,400
College Hill	$2,500
Downtown Providence	$2,250
Elmhurst	$2,200
Federal Hill	$2,000
Fox Point	$2,300
Valley	$2,225
Wanskuck	$2,250
Washington Park	$1,900
West End Providence	$2,100


Apartments	$2,100	2%	No Change
Condos	$1,995	18%	No Change
Houses	$2,999	2%	No Change
Rooms	$1,000	6%	No Change

Studio

Average rent

$1,550

Last 30 days

Last year

1 bedroom

Average rent

$1,850

Last 30 days

No Change

Last year

12%

2 bedroom

Average rent

$2,200

Last 30 days

Last year

3 bedroom

Average rent

$2,400

Last 30 days

Last year

4 bedroom

Average rent

$3,280

Last 30 days

Last year

17%

The table above reflects average rent prices in Providence, RI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Providence, RI to other cities

Median rent prices in Providence, RI for all bedroom counts and property types compared to Attleboro, MA.

Providence

Median rent price$2,150

10%

higher than the national median

Median rent price$2,100

higher than the national median

Takeaway

The median rent for all rentals in Providence, RI is 2% higher than the median rent in Attleboro, MA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities
Explore rent trends in other markets

Attleboro

$2,100

12%

Last year

Central Falls

$1,672

Last year

Cranston

$1,900

Last year

Cumberland

$1,974

Last year

East Providence

$1,862

Last year

Fall River

$1,750

Last year

Lincoln

$1,995

17%

Last year

Mansfield

$2,420

Last year

North Providence

$1,900

17%

Last year

Pawtucket

$1,795

Flat

Last year

Warwick

$2,000

Last year

Woonsocket

$1,597

Last year

Cost of living in
Providence, RI

The overall cost of living in Providence, RI is 12% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.