Last updated on June 5, 2026

Average rent in
Olneyville, Providence, RI

Median rent

Median rent in Olneyville

$2,150/mo

increased by12%

vs previous year

The average rent in Olneyville is $2,150 per month as of May 2026. This is 10% above the national average rent, or $200 more per month.

$2.55

average price per square foot

Total rentals

Available rentals in Olneyville

19

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Olneyville rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Olneyville, Providence, RI

Average rent prices in Olneyville have decreased by 5% over the last month and have increased by 12% 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 Olneyville, Providence, RI

Rent prices in Olneyville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Olneyville is $2,200, whereas a house costs $2,375. 1-bedroom apartments in Olneyville run $2,000 on average, while 2-bedroom apartments are $2,300.

Listings

Studio

$1,667

No Change

-

1 bedroom

$1,700

7%

5%

2 bedroom

$2,250

7%

44%

3 bedroom

$2,050

1%

8%

4 bedroom

$3,100

2%

-

Studio

Average rent

$1,667

Last 30 days

No Change

1 bedroom

Average rent

$1,700

Last 30 days

7%

Last year

5%

2 bedroom

Average rent

$2,250

Last 30 days

7%

Last year

44%

3 bedroom

Average rent

$2,050

Last 30 days

1%

Last year

8%

4 bedroom

Average rent

$3,100

Last 30 days

2%

The table above reflects average rent prices in Olneyville, 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 Olneyville, Providence, RI compare to other neighborhoods?

Compare median rent prices in Olneyville and Elmhurst by all bedroom counts and property types.

Olneyville

Median rent price$2,150
increased by10%

higher than the national median

Median rent price$2,200
increased by13%

higher than the national median

Takeaway

The median rent for all rentals in Olneyville, Providence, RI is 2% lower than the median rent in Elmhurst, Providence, RI.

Discover rentals in Olneyville, Providence, RI

32 Tuxedo Ave #3 - Photo 1 of 1

5d+ ago

Olneyville apartment for rent in Providence

32 Tuxedo Ave #3, Providence, RI 02909

2 beds

1 bath

$1,500

Apartment for rent

Available Jun 1

100 Knight St. Rear House - Photo 1 of 1

2h ago

8.3

Very good

100 Knight St. Rear House

100 100 Knight St. Rear House, Providence, RI 02909

3 beds

1 bath

$2,500

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 Olneyville, Providence, RI

Quick answers to common questions about the Olneyville rental market.

How much is rent in Olneyville?

The average rent in Olneyville is $2,150 per month as of May 30, 2026.

Is rent up or down in Olneyville?

Average rent prices in Olneyville have decreased by 5% over the last month and have increased by 12% since last year.

How does Olneyville rent compare to the national average?

Rent in Olneyville is 10% above the national average, which means renters are paying approximately $200 more per month.

What salary do I need to afford rent in Olneyville?

To comfortably afford rent in Olneyville, you'd need to earn approximately $86,000/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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