Providence, RI Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$2,281
1-year change
+8.4%
$177/mo
5-year change
+37.8%
$626/mo
10-year change
+84.1%
$1,042/mo
Monthly rent trend
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Year-by-year rent in Providence
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,156/mo | — | 0.0% |
| 2016 | $1,210/mo | +4.7% | +4.7% |
| 2017 | $1,303/mo | +7.7% | +12.7% |
| 2018 | $1,370/mo | +5.1% | +18.5% |
| 2019 | $1,427/mo | +4.2% | +23.4% |
| 2020 | $1,505/mo | +5.5% | +30.2% |
| 2021 | $1,618/mo | +7.5% | +40.0% |
| 2022 | $1,791/mo | +10.7% | +54.9% |
| 2023 | $1,943/mo | +8.5% | +68.1% |
| 2024 | $2,078/mo | +6.9% | +79.8% |
| 2025 | $2,075/mo | -0.1% | +79.5% |
| 2026 | $2,231/mo | +7.5% | +93.0% |
Frequently asked questions
How much has rent in Providence changed since 2015?
Median rent in Providence, RI was $1,116 in 2015-01 and is $2,281 as of 2026-07 — a change of $1,165 per month over 11 years.
How much has Providence rent increased in the last 5 years?
Over the past 5 years, median rent in Providence, RI has changed +37.8% ($626 per month). The current median is $2,281.
What has rent in Providence done over the past decade?
Over the past 10 years, median rent in Providence, RI has changed +84.1% ($1,042 per month). It is now $2,281.
Is rent in Providence going up or down year over year?
Year over year, median rent in Providence, RI has increased +8.4% ($177/mo). Current median: $2,281.