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Rental GuideProvidence, RI

Providence rent data for:

As of today, you'll find 330 apartments for rent in Providence, with a median rent price of $2,100 per month. Providence has seen a 2%—or $44—decrease in median rent price compared to the previous year.

Apartments for rent

Average Rent

$2,100

Year Over Year Change

-2%

$44

Rentals available, last 30 days

330

Rent ranges for Providence apartments
$6,001 - $50,000
1%
$4,501 - $6,000
2%
$3,001 - $4,500
10%
$1,501 - $3,000
68%
$0 - $1,500
19%

How has rent in Providence, RI changed in the last two years?

The average rent in Providence, RI, for rentals of all sizes and types, is $2,100, which is a 1.98% decrease year-over-year.

The monthly rent for 1-bedroom apartments in Providence, RI is about $1,600. The average rent for 2-bedroom apartments in Providence, RI is $2,100, and studios are about $1,445 per month.

See more Providence, RI rent data on our rent research page.

What are the K-12 schools in Providence, RI?

39

schools

20,725

students

Powered byniche.com

About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.

Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.

Vartan Gregorian Elementary School

455 wickenden st

providence, RI, 2903

K-5Public
B-

Robert F. Kennedy Elementary School

195 nelson st

providence, RI, 2908

PK, K-5Public
C+

Anthony Carnevale Elementary School

50 springfield st

providence, RI, 2909

PK, K-5Public
C

Dr. Martin Luther King Jr. Elementary School

35 camp st

providence, RI, 2906

PK, K-5Public
C

Pleasant View School

50 obediah brown rd

providence, RI, 2909

PK, K-5Public
C

Showing 1 - 5 of 22 results

What are some of the top neighborhoods in Providence, RI?

College Hill
College Hill, located in the historic East Side of Providence, is a delightful blend of rich heritage and vibrant academic life. Living here feels like being part of a living history book, as the streets are lined with beautiful old buildings that tell stories of the past. Home to Brown University and the Rhode Island School of Design, the area buzzes with creativity and youthful energy. You'll find a tight-knit community where folks enjoy strolling down Thayer Street, mingling in the local shops and eateries. The atmosphere is lively, inviting students, artists, and families alike to soak in the eclectic vibe. It’s truly a neighborhood that celebrates its educational roots while fostering a warm sense of belonging!
Downtown Providence
Living in Downtown Providence is like having a front-row seat to the city's vibrant cultural scene! The area comes alive, especially in the summer, with the magical WaterFire event, where flickering bonfires illuminate the canals, creating a mesmerizing atmosphere. It’s a community where you can easily indulge in the arts—whether catching a thrilling theater production at a local venue or enjoying live music performances. The skyline is dotted with high-rise apartments that offer stunning views of this bustling hub. Plus, you’re surrounded by a mix of eclectic shops and lively public spaces, inviting you to explore and mingle with neighbors. Downtown Providence is truly where the city's pulse is felt day in and day out!
Federal Hill
Living in Federal Hill is like stepping into a vibrant slice of culture where Italian heritage thrives. This neighborhood is well-known for its culinary scene, filled with delightful eateries that reflect the rich traditions of the "old country." Imagine strolling down Atwells Avenue, where the air is filled with the tempting aromas of authentic Italian dishes. The community's welcoming vibe makes it a fantastic place to call home, especially with its close-knit atmosphere and proximity to downtown Providence. There's a wonderful sense of celebration here, especially during the annual Columbus Day parade, which lights up the streets and gives residents an incredible view of the festivities right at their doorstep. It’s a perfect blend of flavor and community spirit!
Mount Hope
Mount Hope, located on the East Side of Providence, offers a fantastic blend of convenience and suburban comfort. You’ll love how easy it is to get around, with quick access to I-95 and Route 1, making your commute a breeze. The area has a lovely mix of tree-lined streets and green spaces, perfect for leisurely strolls or weekend picnics. You'll find a variety of shopping options nearby, ensuring you have everything you need close at hand. Whether you're looking for a vibrant community vibe or just a peaceful place to call home, Mount Hope delivers a delightful living experience that feels both welcoming and connected to the heart of the city.
West End
The West End of Providence is rich in character, showcasing lovely historic homes that are gradually being transformed into cozy apartments, giving it a unique blend of old and new. You’ll find an intriguing mix of local spots where you can grab a bite or enjoy a relaxed afternoon. The neighborhood has a vibrant community feel, perfect for those who appreciate a lively atmosphere. Plus, with Route 1 running through, commuting around the city is a breeze. Whether you're out for a stroll or looking for a new place to call home, the West End has a friendly vibe that makes settling in a pleasure.

Who lives in Providence, RI?

Gender

48% Male
52% Female

Age Range

0-19

27%

20-34

28%

35-44

12%

45-64

20%

65+

11%

Language

English

50%

Spanish

38%

Indo Euro

6%

Asia Pac

3%

Other

1%

Education

No HS

17%

High School

45%

Bachelor's

22%

Master's

8%

Prof Degree

3%

Doctorate

2%

What is the household breakdown in Providence, RI?

Families

31% Families
69% Single

Property

62% Renters
38% Owners

Household Income

0-25k

28%

25-50k

21%

50-75k

17%

75-100k

11%

100-150k

10%

150k+

10%

How do residents get around Providence, RI?

Providence locals spend about 24 minutes commuting, and most drive to get to work. The best way to fly in or out of Providence is through Theodore Francis Green State Airport, 6.77 miles away.

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Driving

6/10
This area is close to freeways and has adequate parking options.

Transit

5/10
Frequent public transit options are within walking distance.

Scores for Providence are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.

Satisfaction survey results for Providence, RI

We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Providence, 50% of residents reported feeling satisfied or very satisfied with the city overall, which is lower than the national average of 60%.

Top Three Reasons to Live in Providence

Affordable housing

50%Satisfaction rating

Pet friendly

50%Satisfaction rating

Public transportation

50%Satisfaction rating

Other Things to Consider

Quality schools
50%
Parks & recreation
38%
Weather
38%
Cost of living
38%
Job market
25%
Nightlife
25%
Dating scene
25%

Data last updated in 2024. Do you live here? Take our survey and share your experience.

How we got this data

What is the cost of living in Providence, RI?

The overall cost of living in Providence, RI is 12% higher than the national average, according to the Cost of Living Index published by the Council for Community and Economic Research. This is calculated by comparing several expenses, including food and basic necessities like energy and healthcare. When it comes to comparing these expenses to the rest of the country, in Providence you can expect groceries to cost more than the national average, and healthcare to cost more. Eggs run about $3.55 per carton, and milk $4.70. Regarding healthcare costs, a doctor’s visit could amount to $168 on average—but this will likely vary depending on several factors, including insurance and medical specialty.

CATEGORY

Goods & Services

AVERAGE COST COMPARED TO NATIONAL AVERAGE

14% higher

CATEGORY

Groceries

AVERAGE COST COMPARED TO NATIONAL AVERAGE

2% higher

CATEGORY

Utilities

AVERAGE COST COMPARED TO NATIONAL AVERAGE

40% higher

CATEGORY

Transportation

AVERAGE COST COMPARED TO NATIONAL AVERAGE

3% lower

CATEGORY

Health

AVERAGE COST COMPARED TO NATIONAL AVERAGE

4% higher

Explore rentals in Providence, RI

View all
US Rubber Lofts - Photo 1 of 1

1d ago

9.7

Excellent

Our team has verified this company

Verified

US Rubber Lofts

12 Eagle St, Providence, RI 02908

In-unit laundry | Air conditioning | Garage parking

1–3 beds

1–2 baths

$1,735–$3,375

Apartment for rent

Call

Huntington Exchange Providence - Photo 1 of 1
Rent special

2d ago

9.7

Excellent

Our team has verified this company

Verified

Huntington Exchange Providence

101 Cedar St, Providence, RI 02903

In-unit laundry | Air conditioning | Garage parking

2–3 beds

1–2 baths

$1,970–$2,750

Apartment for rent

Call

530 Broadway Apartments - Photo 1 of 1

12h ago

8.4

Very good

530 Broadway Apartments

530 Broadway, Providence, RI 02909

In-unit laundry

1 bed

1 bath

$1,900

Apartment for rent