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94 apartments for rent near Providence, RI

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City Guide
Providence
What Do I need To Know About Providence?

Providence is the capitol of Rhode Island and was one of the first cities ever established in the US. Even though it’s old, it’s relatively small with a population of 171,909, but very densely populated as is typical of older cities along the east coast of the US. But, when you factor in neighboring areas (including south Massachusetts) it quickly becomes the 37th largest metropolitan area in the country.

Neighborhoods

Providence is a city made up of some 25 sub-neighborhoods or communities separated by streets or major thoroughfares/interstates. The first, and oldest, is the downtown area, which sits in the center of the other surrounding 24 communities and, as per usual, houses more offices than residents.

The most populous neighborhoods, however, are The “North End”, “South Side” and the “East Side,” all of which are larger, collective groupings of individual neighborhoods. The “North End” is comprised of Wanskuck and Charles; the “South Side” of Elmwood, South Elmwood, Lower South Providence, Upper South Providence and the West End; and the “East Side” of Blackstone, Hope, Mount Hope, College Hill, Wayland and Fox Point.

The other individual neighborhoods are College Hill, Elmhurst, Federal Hill, Hartford, Manton, Mount Pleasant, Olneyville, Reservoir, Silver Lake, Smith Hill, Valley, and Washington Park. Yes, yes, we know, that’s a lot to choose from. And no, don’t worry; we won’t cover all of these spots with a fine-tooth comb (We don’t want to bore you to tears, here).

What Are You Willing To Spend?

As always, cash is king. So it’s a good thing you’ve got that side business/faux charity based loosely off George Costanza’s “Human Fund”. But, if you do happen to have some coin and prefer the “finer things”, then check out the “East Side” neighborhood. The absolute cheapest amount you could spend on a one bedroom apartment in the “East Side” is $675.00 (very rare) but the general average for something solid is $850.00 per month which would increase based upon desired amenities and creature comforts, like a bidet for instance, easily the most underrated invention of our generation.

If you want to spend the “bare” minimum, you’d have to live on the South Side where $600.00-675.00 is the expected rent for a one bedroom dwelling.

Availability of Apartments

Apartments are obviously available year ‘round in all areas of town, but to get prime choice on the apartment of your dreams, May is the ideal month to look and book, especially in the “East Side” neighborhood. The standard term for a lease is a year, but some of the apartments are more flexible.

How Do I Get Around?

The RIPTA (Rhode Island Public Transport Authority) has been operating bus lines in and around Providence for almost 50 years, so the routes are well established and dependable. The RIPTA also runs a trolley service which specializes in routes throughout the downtown area. Since the interstate in Providence has been expanded and upgraded significantly over the last 20 years, more and more residents utilize private vehicles for travel. But since it is such a densely populated city, parking can be expensive and challenging.

All in all, Providence, Rhode Island is as close to an ideal city to rent an apartment in anywhere in the country. As a renter, it provides you literally every conceivable option as far as a living situation with varying prices and neighborhoods that can fit into any budget. You have plenty of options and neighborhoods to explore.

Providence Renter Confidence Survey
National study of renter confidence in the economy, homeownership, and cities
Here's how Providence ranks on:
B- Plans for homeownership
B- City satisfaction
A+ Confidence in the local economy
B+ Safety and crime rate
B+ Access to recreational activities
B Quality of schools
C- State and local taxes
A+ Satisfaction with daily commute
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released Providence's results from the first annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 18,000 renters, provides new insights into what states and cities must do to meet the needs of the 105 million American renters nationwide.

"Providence renters report slightly below average city satisfaction, despite optimism about the local economy," says Andrew Tam, Vice President of Data Science at Apartment List. "The US renter population is at its highest level in 20 years, and bullishness about Providence's local economy should be a positive signal to renters."

Key findings in Providence include the following:

  • Providence renters give their city a B- for satisfaction, which places it at 54th place out of 100 cities in the US.
  • Renters gave Providence very high marks for confidence in the local economy, with 47% of renters saying that it's on the right track. This ranks 3rd out of the 100 cities in our study.
  • 59% of Providence renters expect to purchase a house or apartment at some point in the future. That's barely lower than the national average of 60% and earned Providence a B- for plans for homeownership.
  • Renters in Providence are particularly happy with commute satisfaction giving the city an A+.
  • Providence's lowest grade is a C- for taxes with only 29% of respondents reporting satisfaction with state and local tax rates.
  • Boston received the highest grade in New England at an A+, while Providence received a B- and 3 Connecticut cities - Hartford, Bridgeport, and New Haven - received F's.
  • The top rated cities nationwide for city satisfaction were Plano, TX; Boston, MA; Arlington, VA; Austin, TX; and Torrance, CA. The lowest rated cities were Newark, NJ; New Haven, CT; Bridgeport, CT; Hartford, CT; and Columbia, SC.

A detailed report explaining the survey's methodology, analysis, and findings is available upon request. To obtain a copy, please email Andrew Tam, Apartment List's Vice President of Data Science, at andrew@apartmentlist.com.