Providence, RI Rent Trends
Rank #20, last updated April 24
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 $1,450. The average rent of a 1-bedroom in Providence, RI is $1,700. The average rent of a 2-bedroom in Providence, RI is $1,750. The average rent of a 3-bedroom in Providence, RI is $3,000.
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 $700 to $3,500+.
$700 - $1,400
$1,400 - $2,100
$2,100 - $2,800
$2,800 - $3,500
$3,500+
What is the average apartment size in Providence?
The average size of a Providence, RI apartment is 787 square feet, while the median apartment size for Providence, RI is 753 square feet. However, square footage varies based on unit type. Most rentals in Providence, RI (36.84%) are 1 bedroom apartments, while the fewest (1.5%) are studio apartments. Meanwhile, 3+ bedroom apartments account for 33.83%, and 2 bedroom apartments make up 27.82%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Providence?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Downtown | * | $2,649 | $3,459 | * |
| Federal Hill | * | $1,800 | * | $2,398 |
| Fox Point | * | $1,500 | * | $2,575 |
| Wanskuck | * | * | $1,650 | $3,750 |
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
Popular searches
Pet Friendly Apartments Providence
16 apartments starting at $1,490/month
1 Bedroom Apartments Providence
24 apartments starting at $750/month
2 Bedroom Apartments Providence
30 apartments starting at $1,300/month
3 Bedroom Apartments Providence
22 apartments starting at $1,650/month
Cheap Apartments Providence
55 apartments starting at $750/month
Nearby neighborhoods
College Hill Apartments
8 apartments starting at $850/month
Elmhurst Apartments
15 apartments starting at $1,950/month
Federal Hill Apartments
15 apartments starting at $899/month
Fox Point Apartments
9 apartments starting at $975/month
Smith Hill Apartments
6 apartments starting at $1,450/month
Wanskuck Apartments
12 apartments starting at $1,375/month
Wayland Apartments
8 apartments starting at $1,600/month
Nearby cities
Cranston Apartments
5 apartments starting at $1,475/month
East Providence Apartments
5 apartments starting at $1,400/month
Fall River Apartments
44 apartments starting at $950/month
Foxborough Apartments
7 apartments starting at $1,800/month
Franklin Apartments
7 apartments starting at $1,495/month
North Providence Apartments
8 apartments starting at $1,225/month
Pawtucket Apartments
11 apartments starting at $1,096/month
Taunton Apartments
6 apartments starting at $1,200/month
Woonsocket Apartments
12 apartments starting at $1,050/month
Nearby universities
Apartments near Brown University
33 apartments starting at $850/month
Apartments near JWU
39 apartments starting at $899/month
Apartments near RISD
41 apartments starting at $850/month
Nearby metro areas
Baltimore Metro Apartments
738 apartments starting at $500/month
Boston Metro Apartments
5,064 apartments starting at $650/month
Hartford Metro Apartments
126 apartments starting at $825/month
New York Metro Apartments
2,104 apartments starting at $945/month
Philadelphia Metro Apartments
1,758 apartments starting at $450/month
Washington Metro Apartments
709 apartments starting at $550/month