To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.
What is the average rent in Providence?
The average rent of a studio apartment in Providence, RI is $1,538. The average rent of a 1-bedroom in Providence, RI is $1,900. The average rent of a 2-bedroom in Providence, RI is $2,000. The average rent of a 3-bedroom in Providence, RI is $2,550.
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
Rent Prices Over Time in Providence
Apartment Rent Ranges in Providence
The monthly rent for apartments in Providence, RI ranges from $1,000 to $3,000+.
$1,000 - $1,500
$1,500 - $2,000
$2,000 - $2,500
$2,500 - $3,000
$3,000+
What is the average apartment size in Providence?
The average size of a Providence, RI apartment is 826 square feet, while the median apartment size for Providence, RI is 800 square feet. However, square footage varies based on unit type. Most rentals in Providence, RI (41.38%) are 2 bedroom apartments, while the fewest (4.83%) are studio apartments. Meanwhile, 3+ bedroom apartments account for 27.59%, and 1 bedroom apartments make up 26.21%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Providence?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| College Hill | * | * | $3,250 | $3,700 |
| Federal Hill | * | * | $1,997 | $2,150 |
| Fox Point | * | $2,025 | $2,138 | $3,250 |
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
* Insufficient data to calculate value
Nearby cities
Belmont Apartments
42 apartments starting at $1,950/month
Boston Apartments
3,269 apartments starting at $425/month
Brookline Apartments
395 apartments starting at $1,800/month
Cambridge Apartments
518 apartments starting at $1,270/month
Newton Apartments
224 apartments starting at $1,975/month
Quincy Apartments
302 apartments starting at $1,100/month
Somerville Apartments
328 apartments starting at $1,700/month
Waltham Apartments
197 apartments starting at $1,000/month
Watertown Apartments
132 apartments starting at $1,900/month
Popular metro areas
Baltimore Metro Apartments
2,780 apartments starting at $550/month
Boston Metro Apartments
6,536 apartments starting at $425/month
New York Metro Apartments
5,720 apartments starting at $750/month
Philadelphia Metro Apartments
3,665 apartments starting at $500/month
Washington Metro Apartments
6,236 apartments starting at $775/month