Property prices for rent in Providence (Rhode Island)

The rent prices in real estate in Providence, in the Rhode Island region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$2,040
Average price last 6 months
$2.63
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Providence has risen during the last 6 months. In November, the average price per sq.feet was $2.52. In December this price barely changed remaining at $2.41 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.46 to $2.58 per sq.feet. The price per sq.feet has risen 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.52 to $2.84 during March, and April.

Average price

When referring to the price in Providence (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,088. In December This price remains at $2,030. In the following two months the average price has hardly changed with regard to the previous two months from $2,059 to $2,047. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,053 and $2,014 between March and April.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,052 they are 12 % more affordable than the average price for Providence . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,289.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $2.74 / sq.feet price in Providence. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.35 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $2,052 it is 2 % more expensive than the average price in Providence. "Condo" is seen as the second most expensive property type. The most expensive property type is "" followed by "Condo". At a price of $2,091 it is 84 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.21 / sq.feet followed by "House" priced at $2.82 / sq.feet. "House" is the most expensive type of property with a $2.82 / sq.feet value followed by "Condo" with an average price of $2.21 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Providence
Number of properties used in region Rhode Island
$2,052
$2.74
5,530
10,374
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Condo For Sale In Providence, Rhode Island
 1
Condo For Sale In Providence, Rhode Island
$338,000
Providence, Rhode Island - For Sale - Condo - 1,195 sq.feet - 2 bedrooms - 2 bathrooms
333 atwells is a one-of-a-kind, building with 24 units boutique condo building in the center of it all in the federal hill neighborhood, providence. This stunning penthouse...
Six Br Multi Family Residences For Sale Providence Ri
 1
Six Br Multi Family Residences For Sale Providence Ri
$319,000
Providence, Rhode Island - For Sale - House - 6 bedrooms - 2 bathrooms
This home is located in providence ri 02908. It has 6 beds, two baths. This 6 beds multi-family residences for sale in providence ri is for sale at 319000...
Townhouse/condo In Providence
 1
Townhouse/condo In Providence
$168,900
Providence, Rhode Island - For Sale - Condo - 667 sq.feet - 2 bedrooms - 1 bathroom
This property is reo, or reo. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since...
Five Br Single Family Houses East Side Of Providence Ri
 1
Five Br Single Family Houses East Side Of Providence Ri
$1,275,000
Providence, Rhode Island - For Sale - House - 5 bedrooms - 5 bathrooms
This home is located in east side of providence ri 02906. It has 5 beds, five baths. This 5 beds single-family houses in east side of providence ri is for sale at 1275000...
Seven Br Multi Family Residences For Sale East Side Of Providenc
 1
Seven Br Multi Family Residences For Sale East Side Of Providenc
$1,525,000
Providence, Rhode Island - For Sale - House - 7 bedrooms - 7 bathrooms
This home is located in east side of providence ri 02906. It has 7 beds, seven baths. This 7 beds multi-family residences for sale in east side of providence ri is for sale...