Rent Trends for Apartments in Downtown Providence

May 2026

Bedroom count	Downtown Providence	vs Last Month
Studio	$1,699	up 54.45%
1 Bedroom	$2,250	up 2.32%
2 Bedroom	$2,300	down 2.13%
3 Bedroom	$3,100	No change

Median rent as of May 3, 2026

This May, we've analyzed our 34 listings in Downtown Providence to determine the rent trend. We're updating our tables in real time to give you the most up to date Downtown Providence median apartment rent prices by bedroom count.

The median rent for a studio apartment increased by 21.36% to $1,699, while the median rent for a 1 bedroom apartment increased by 2.27% to $2,250.

Neighborhoods Near Downtown Providence

College Hill Apartments Upper South Providence Apartments Smith Hill Apartments Federal Hill Apartments Fox Point Apartments Mt. Hope Apartments Lower South Providence Apartments Valley Apartments Elmwood Apartments

Apartment Types in Providence

Pet Friendly Apartments in Providence Cheap Apartments in Providence Luxury Apartments in Providence Move In Special Apartments in Providence Utilities Included Apartments in Providence Short Term Rentals in Providence

Find Your Dream Apartment for Rent in Downtown Providence

PadMapper has 34 condos, houses, and apartments for rent in Downtown Providence.

We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.

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