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-Providence, Rhode Island's capital city, is home to one of the largest collections of historic architecture in the nation. The city's compact 21 square miles pack in numerous cultural attractions, including the renowned Rhode Island School of Design Museum and the historic Benefit Street, lined with well-preserved colonial homes. Providence has transformed its downtown with the WaterPlace Park and Riverwalk, creating scenic spaces for outdoor recreation and community events.
Rental options in Providence range from converted historic buildings to contemporary apartments, with an average one-bedroom renting for approximately $2,022 per month. The East Side neighborhood, home to Brown University, features historic townhomes and apartments amid tree-lined streets. The Fox Point area offers a mix of housing near waterfront parks, while the West End is known for its diverse architecture and community gardens. Downtown Providence provides walkable access to the financial district and performing arts venues, while the Federal Hill area celebrates its Italian heritage with markets and restaurants.
Providence offers excellent transportation options with a walkability score that outranks many larger cities. The MBTA commuter rail connects directly to Boston (about an hour away), making it possible to work in Massachusetts while enjoying Rhode Island's more moderate cost of living. Major employers include healthcare systems like Rhode Island Hospital, educational institutions such as Brown University and RISD, and financial services companies in the downtown area. The city's ongoing development has created a vibrant rental market that combines historic charm with modern convenience.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Providence, RI?
Apartment averages in Providence, RI varies based on size.
- $2,074 for a 1-bedroom apartment in Providence, RI
- $2,611 for a 2-bedroom apartment in Providence, RI
- $2,966 for a 3-bedroom apartment in Providence, RI
- $3,048 for a 4-bedroom apartment in Providence, RI
Rental Requirements
Can I find a cheap apartment in Providence, RI?
There are 139 cheap apartments in Providence, RI priced as low as $1,729
Can I find a short-term apartment in Providence, RI?
There are 241 short-term apartments in Providence, RI.
Transportation
How do people usually get around Providence, RI?
Providence, RI is a transit friendly location. Many people use public transportation to get around.
Education
What colleges and universities are in Providence, RI?
If you’re a college or university student moving to Providence, RI, ForRent.com can help you find a rental near Johnson & Wales Univ Downcity-Downcity Campus, C.C. of Rhode Island Downcity-Downcity Campus, C.C. of Rhode Island Liston-Liston Campus and others.
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Providence Neighborhoods with Apartments
- Apartments for Rent in Downcity
- Apartments for Rent in East Side
- Apartments for Rent in Pearl Street Lofts
- Apartments for Rent in Cathedral Square
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