Providence, RI Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,293
1-year change
+9.1%
$191/mo
5-year change
+39.9%
$654/mo
10-year change
+88.7%
$1,078/mo

Monthly rent trend

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Year-by-year rent in Providence

YearMedian rentYoY changevs 2015
2015$1,156/mo0.0%
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 $2,293 as of 2026-06 — a change of $1,177 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 +39.9% ($654 per month). The current median is $2,293.

What has rent in Providence done over the past decade?

Over the past 10 years, median rent in Providence, RI has changed +88.7% ($1,078 per month). It is now $2,293.

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

Year over year, median rent in Providence, RI has increased +9.1% ($191/mo). Current median: $2,293.

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.