Providence, Rhode Island is an ideal city for renters. It offers a vibrant downtown, excellent neighborhoods, beautiful architecture, and easy access to Boston and New York City. Providence is also home to some of the best schools in the country, making it a great place to live for families and professionals alike.
The rental market in Providence is varied and affordable. There is a wide range of housing options for people of all budgets, from luxury apartments to affordable studio apartments. Prices vary by neighborhood, but the average rent for a one-bedroom apartment is around $1,400 per month. For those looking for something more affordable, there are plenty of options in the city’s outer neighborhoods.
The East Side of Providence is a popular neighborhood for renters, with historic architecture and a lively culture. The downtown area also offers excellent housing options, with many apartments in the heart of the city. The College Hill neighborhood is also popular with renters, with a great selection of homes and apartments.
Providence is home to some of the best schools in the country, including Brown University, Rhode Island School of Design, and the University of Rhode Island. These schools provide a great educational experience for students and their families, and they also offer
The average rental prices for an apartment, townhouse, condo, loft, and single family home in Providence, RI are as follows:
Apartment: $1,800 per month
Townhouse: $2,200 per month
Condo: $2,000 per month
Loft: $1,800 per month
Single Family Home: $2,400 per month
Rental prices in Providence, RI have increased significantly over the past 5 years. According to Zillow, the median rent in Providence was $1,550 in 2015, and has increased to $1,750 in 2020. This is an increase of 13.3%.
1-bedroom: $1,450
2-bedroom: $1,795
3-bedroom: $2,115
School districts in Providence, RI compare favorably to the rest of the United States. According to the U.S. Department of Education, the Providence Public School District has consistently ranked among the top 10 most improved districts in the nation over the last several years. The district has made significant gains in areas such as graduation rates, student achievement, and academic proficiency. Additionally, Providence schools have been recognized as some of the most diverse in the country, with students from over 30 countries and cultures.
1. College Hill
2. Federal Hill
3. Wayland
4. Downtown
5. Smith Hill
1. Blackstone
2. East Side
3. Fox Point
4. College Hill
5. Downtown/Jewelry District