Last updated on June 21, 2026

Average rent in
Federal Hill, Providence, RI

Median rent

Median rent in Federal Hill

$1,995/mo

decreased by5%

vs previous year

The average rent in Federal Hill is $1,995 per month as of June 2026. This is 2% above the national average rent, or $45 more per month.

$2.47

average price per square foot

Total rentals

Available rentals in Federal Hill

67

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Federal Hill rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Federal Hill, Providence, RI

Average rent prices in Federal Hill have remained the same over the last month and have decreased by 5% since last year.

Rent trends

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

Compare rent prices in Federal Hill, Providence, RI

Rent prices in Federal Hill vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Federal Hill is $1,975, whereas a house costs $2,400. 1-bedroom apartments in Federal Hill run $1,725 on average, while 2-bedroom apartments are $2,100.

Listings

Studio

$1,740

2%

20%

1 bedroom

$1,825

5%

4%

2 bedroom

$2,100

5%

4%

3 bedroom

$2,225

6%

3%

4 bedroom

$2,999

6%

8%

Studio

Average rent

$1,740

Last 30 days

2%

Last year

20%

1 bedroom

Average rent

$1,825

Last 30 days

5%

Last year

4%

2 bedroom

Average rent

$2,100

Last 30 days

5%

Last year

4%

3 bedroom

Average rent

$2,225

Last 30 days

6%

Last year

3%

4 bedroom

Average rent

$2,999

Last 30 days

6%

Last year

8%

The table above reflects average rent prices in Federal Hill, 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.

How does rent in Federal Hill, Providence, RI compare to other neighborhoods?

Compare median rent prices in Federal Hill and College Hill by all bedroom counts and property types.

Federal Hill

Median rent price$1,995
increased by2%

higher than the national median

Median rent price$2,450
increased by26%

higher than the national median

Takeaway

The median rent for all rentals in Federal Hill, Providence, RI is 19% lower than the median rent in College Hill, Providence, RI.

Discover rentals in Federal Hill, Providence, RI

74 Vernon Street, Unit 2A - Photo 1 of 1

4d ago

7.6

Very good

74 Vernon Street, Unit 2A

74 Vernon St #2A, Providence, RI 02903

1 bed

2 baths

$975

Condo for rent

Available Jun 21

42-44 Brighton Street (Maintenance Lease Up Only) - Photo 1 of 1

4d ago

7.7

Very good

42-44 Brighton Street (Maintenance Lease Up Only)

42 Brighton St, Providence, RI 02909

2 beds

1 bath

$1,500

Apartment for rent

127 De Pasquale Avenue - Photo 1 of 1

5d+ ago

8.9

Very good

127 De Pasquale Avenue

127 De Pasquale Ave, Providence, RI 02903

3 beds

1 bath

$1,800

Apartment for rent

170 Almy St. - Photo 1 of 1

1d ago

8.9

Very good

170 Almy St.

170 Almy St, Providence, RI 02909

2 beds

1 bath

$1,850

Apartment for rent

Stay up to date with rental market insights

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

Frequently asked questions for Federal Hill, Providence, RI

Quick answers to common questions about the Federal Hill rental market.

How much is rent in Federal Hill?

The average rent in Federal Hill is $1,995 per month as of June 20, 2026.

Is rent up or down in Federal Hill?

Average rent prices in Federal Hill have remained the same over the last month and have decreased by 5% since last year.

How does Federal Hill rent compare to the national average?

Rent in Federal Hill is 2% above the national average, which means renters are paying approximately $45 more per month.

What salary do I need to afford rent in Federal Hill?

To comfortably afford rent in Federal Hill, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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