If you’re searching for a new place to live in Providence, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Providence neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Providence neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Providence for renters is sorted by lowest median rental rates compared to the Providence average.

Population 633
-43%
Median Rent $868 / month
43% less expensive than Providence
Population 6,418
-34%
Median Rent $1,017 / month
34% less expensive than Providence
Population 5,558
-29%
Median Rent $1,091 / month
29% less expensive than Providence
Population 6,855
-20%
Median Rent $1,226 / month
20% less expensive than Providence
Population 6,207
-13%
Median Rent $1,336 / month
13% less expensive than Providence
Population 12,232
-10%
Median Rent $1,375 / month
10% less expensive than Providence
Population 7,297
-10%
Median Rent $1,381 / month
10% less expensive than Providence
Population 11,613
-10%
Median Rent $1,385 / month
10% less expensive than Providence
Population 17,959
-4%
Median Rent $1,477 / month
4% less expensive than Providence
Population 10,982
-3%
Median Rent $1,484 / month
3% less expensive than Providence
Is This the Right Place for You? Local Insights Report
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Local Insights Report