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How to Avoid Eviction When You Can't Pay Rent
Act fast to avoid eviction, stay housed, and protect your credit. Learn exactly what to do, from negotiating with your landlord to securing emergency aid.
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What to Know About
Life in Providence & Beyond
Providence shares many of the great qualities that make Rhode Island a desirable place to live.
Rhode Island, a small state with a big personality, is renowned for its unique history, coastal charm, and delectable cuisine. The capital of Rhode Island is Providence, home to several prestigious universities such as Brown University, Rhode Island School of Design, and the University of Rhode Island. Discover its fascinating legacy by visiting notable museums, including the opulent Newport Mansions or the enlightening Roger Williams Park Museum of Natural History. A mix of booming tourism, manufacturing, and healthcare industries drives Rhode Island's economy, creating a diverse and thriving community.
Rhode Island offers an abundance of activities for outdoor enthusiasts or culture seekers. Sail or fish along the scenic coast, hit the slopes for skiing in the nearby mountains, or attend exciting college sports games at one of its esteemed universities. Explore attractions like the iconic Newport Cliff Walk, Blithewold Mansion, Gardens & Arboretum, and picturesque Narragansett Bay.
With its rich history, charming coastline, and flourishing economy, Rhode Island is an excellent place to call home for those who seek outdoor recreation, a unique cultural experience, and a high quality of life.
Rental Market Trends
Providence, RI
As of May 2025, Providence's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Providence's average rent is 6.8% ($140) higher than the Rhode Island average of $2,072 and 23.4% ($419) higher than the U.S. average of $1,793.
Average Rent
$2,212
Monthly ChangeMonth Over Month Change
0.4% ($8)
Yearly ChangeYear Over Year Change
9.9% ($200)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,862 | 0.5% ($10) | 5.1% ($91) |
| 2 Beds | $2,163 | 0.6% ($12) | 5.2% ($106) |
| 3 Beds | $2,539 | 0.5% ($14) | 5.1% ($124) |
| Nearby Cities | Average Rent | Avg. Rent vs. ProvidenceAverage Rent vs. Providence | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| East Providence | $1,878 | 15.1% ($334) | 25 days |
| North Providence | $2,485 | 12.3% ($273) | 30 days |
| Pawtucket | $1,638 | 25.9% ($574) | 24 days |
| Central Falls | $1,309 | 40.8% ($903) | 30 days |
| Cranston | $1,850 | 16.4% ($362) | 24 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Providence Rental Market FAQs
Explore rental prices, market trends, and availability in Providence, RI.
The average rent in Providence, RI is $2,212 per month.
Homes in Providence typically rent for between $1,303 and $3,301 per month, with an average of $2,212 per month.
In Providence, the average rent for a 1-bedroom home is $1,862 per month, for a 2-bedroom home, $2,163 per month, and a 3-bedroom home is $2,539 per month.
The average rent in Providence is 23.4% ($419) higher than the national average of $1,793 per month.
The average rent in Providence has increased by 0.4% ($8) in the last month and increased by 9.9% ($200) over the past year.
The rental market in Providence, RI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Providence, RI, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 143 rental properties available in Providence, RI.
Based on the current averages, a household would need an annual income of $86,520 to comfortably afford a 2-bedroom home in Providence.
