Providence, RI Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$2,190
1-year change
+5.4%
$112/mo
5-year change
+34.8%
$565/mo
10-year change
+81.9%
$986/mo

Monthly rent trend

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Year-by-year rent in Providence

YearMedian rentYoY changevs 2015
2015$1,108/mo—0.0%
2016$1,160/mo+4.7%+4.7%
2017$1,250/mo+7.8%+12.8%
2018$1,313/mo+5.0%+18.5%
2019$1,368/mo+4.2%+23.5%
2020$1,447/mo+5.8%+30.6%
2021$1,552/mo+7.3%+40.1%
2022$1,721/mo+10.9%+55.3%
2023$1,864/mo+8.3%+68.2%
2024$1,996/mo+7.1%+80.1%
2025$2,049/mo+2.7%+84.9%
2026$2,138/mo+4.3%+93.0%

Frequently asked questions

How much has rent in Providence changed since 2015?

Median rent in Providence, RI was $1,068 in 2015-01 and is $2,190 as of 2026-09 — a change of $1,122 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 +34.8% ($565 per month). The current median is $2,190.

What has rent in Providence done over the past decade?

Over the past 10 years, median rent in Providence, RI has changed +81.9% ($986 per month). It is now $2,190.

Is rent in Providence going up or down year over year?

Year over year, median rent in Providence, RI has increased +5.4% ($112/mo). Current median: $2,190.

See full rent data for Providence, RI →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.