Average Rent in Providence, RI
7 apartment buildings, 91 units. Daily asking prices with rent history for every building.
Cheapest
$975/mo
Providence Living
Properties
7
tracked daily
Units
91
available now
Providence, RI Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 7 properties in Providence, RI.
Average rent trend, last month
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Providence, RI Rent Prices
All 7 properties ranked by lowest available rent.
Providence Living
244 Weybosset St, Providence, RI 02906, USA
Regency Plaza Apartments
One Regency Plz, Providence, RI 02903, USA
Emblem 125
125 Clifford St, Providence, RI 02903, USA
Halstead Providence
255 Promenade St, Providence, RI 02908, USA
Station Row
10 Park Row W, Providence, RI 02903, USA
Center Place
50 Park Row W, Providence, RI 02903, USA
Westcott Properties
178 Broadway, Providence, RI 02903, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Providence Living 244 Weybosset St, Providence, RI 02906, USA | $975 | $2,486 | -- | 3.3 (139) | 37 |
| 2 | Regency Plaza Apartments One Regency Plz, Providence, RI 02903, USA | $2,095 | $2,095 | $2.70 | 4 (233) | 1 |
| 3 | Emblem 125 125 Clifford St, Providence, RI 02903, USA | $2,197 | $3,099 | $4.22 | 4.5 (103) | 13 |
| 4 | Halstead Providence 255 Promenade St, Providence, RI 02908, USA | $2,265 | $2,948 | $3.52 | 4.5 (225) | 6 |
| 5 | Station Row 10 Park Row W, Providence, RI 02903, USA | $2,514 | $2,984 | $3.51 | 3.6 (37) | 8 |
| 6 | Center Place 50 Park Row W, Providence, RI 02903, USA | $2,960 | $3,984 | $3.75 | 4.8 (128) | 15 |
| 7 | Westcott Properties 178 Broadway, Providence, RI 02903, USA | $3,667 | $4,074 | $3.37 | 4.2 (111) | 11 |
Rent & Price History by Building
Providence Living
3.3 (139)244 Weybosset St, Providence, RI 02906, USA
Regency Plaza Apartments
4 (233)One Regency Plz, Providence, RI 02903, USA
Emblem 125
4.5 (103)125 Clifford St, Providence, RI 02903, USA
Halstead Providence
4.5 (225)255 Promenade St, Providence, RI 02908, USA
Station Row
3.6 (37)10 Park Row W, Providence, RI 02903, USA
Center Place
4.8 (128)50 Park Row W, Providence, RI 02903, USA
By Area
Providence, RI neighborhoods
Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.
Providence, RI Average Rent Prices 2026
The average rent in Providence, RI is $3,083 per month, based on 91 units across 7 apartment communities. Prices range from $975 at Providence Living to $6,970 at Emblem 125.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,911/mo | $2,095/mo | 17 |
| 1 Bed | $2,407/mo | $975/mo | 32 |
| 2 Bed | $3,812/mo | $1,950/mo | 28 |
| 3 Bed | $3,188/mo | $1,875/mo | 9 |
| 4 Bed | $3,720/mo | $3,100/mo | 5 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Providence, RI, and what they pay
Tracked one-bedroom rent in Providence, RI averages $2,407/mo, with two-bedroom units averaging $3,812/mo. At the local median household income of $66,772, that works out to 55% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Providence, RI at $1,333/mo. The current tracked market average runs 131% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Providence, RI while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Providence, RI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$123,000/year
Based on the 30 percent rule, using our tracked average rent of $3,083/mo.
Comfortable income
$148,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($975/mo), you need to earn at least $39,000/year.
Median household income in Providence, RI is $66,772 , about 55% below the comfortable-living threshold.
Cost of living in Providence, RI
Overall prices in Providence, RI runs above the national average by about 2% (BEA Regional Price Parity index 101.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Providence, RI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,083 |
| Utilities | $426 |
| Groceries | $532 |
| Transportation | $1,015 |
| Healthcare | $495 |
| Other goods and services | $792 |
| Estimated total | $6,342/mo |
Population
190,214
Median household income
$66,772
Census median rent
$1,333/mo
Rent as % of income
28.5%
Median age
32.9
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Rhode Island
How Providence, RI rent compares to other markets in the state.
| City | Avg Rent | vs Providence, RI | 30-Day Change | Properties |
|---|---|---|---|---|
| Cranston, RI | $2,234 | -28% | +5.3% | 7 |
| Pawtucket, RI | $2,109 | -32% | +0.5% | 5 |
Frequently asked questions
What is the average rent in Providence, RI?
The average rent in Providence, RI is $3,083 per month, based on 91 units across 7 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Providence, RI?
The median asking rent in Providence, RI is $2,824 per month, computed from 91 live listed units and refreshed daily. The average is $3,083/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Providence, RI?
The lowest available rent in Providence, RI starts at $975 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Providence, RI?
1-bedroom apartments in Providence, RI average $2,407/mo. The lowest listed 1-bedroom starts at $975/mo across 32 units tracked.
How much is a 2-bedroom apartment in Providence, RI?
2-bedroom apartments in Providence, RI average $3,812/mo. Units start from $1,950/mo across 28 units currently listed.
Rent Trends in Providence, RI
Track how apartment prices are changing over time.
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