Last updated
Average Rent in Olneyville & Rent Trends
Rent prices and market trends across 1 apartment community in Olneyville, Providence RI. Updated daily.
Market Average
$600/mo
Lowest Available
$600/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Olneyville vs Providence RI Average
Olneyville is cheaper the Providence RI average by $1,679/mo (74%). The citywide average is $2,279/mo across all neighborhoods.
Is Rent Going Up or Down in Olneyville?
As of May 2026, the average rent in Olneyville is $600 per month across 1 apartment community and 1 available units.
The most affordable option is Strive Realty starting at $600/mo. By unit type, a studio averages $600/mo.
Prices range from $600 to $600 per month.
Olneyville Rent Price History
Rent by Bedroom Type in Olneyville
Rent Prices by Apartment in Olneyville
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Strive Realty | $600/mo | $600/mo | 1 | 4.2 |
Google Search Trends for Olneyville Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Olneyville
What is the average rent in Olneyville?
Is rent going up or down in Olneyville?
What is the cheapest apartment in Olneyville?
How many apartments are available in Olneyville?
What salary do I need to live comfortably in Olneyville?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$24,000/year
30 percent rule -- using our average rent of $600/mo.
Comfortable income
$29,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Olneyville is $66,772 , about 132% above the comfortable-living threshold.
Cost of living in Olneyville
Overall prices in Olneyville 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 Olneyville's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $600 |
| Utilities | $426 |
| Groceries | $532 |
| Transportation | $1,015 |
| Healthcare | $495 |
| Other goods and services | $792 |
| Estimated total | $3,859/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.
Explore Olneyville Apartments
Browse all 1 communities with daily-updated pricing and availability.