Studio Rent · August 2026

Studio Apartment Rent in Providence, RI

$1,341/mo

Median asking rent for a studio apartment in Providence, Rhode Island as of August 2026. That's +41% lower than the citywide median of $2,281 and +4% above the national studio median of $1,290.

Studio median
$1,341
August 2026
vs city overall
-41%
$2,281 city median
vs national
+4%
$1,290 US median
Rhode Island rank
#15
of 23 cities

Income needed for a studio in Providence

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$53,640
Monthly gross
$4,470
Hourly (full-time)
$25.79

Rent by apartment size in Providence

Compare Providence's median rent across every apartment size.

Studio (current)
$1,341
1-Bedroom
$1,440
2-Bedroom
$1,757
3-Bedroom
$2,119
4+ Bedroom
$2,584

Cheapest cities for a studio in Rhode Island

#CityStudio rent
1Central Falls$1,170
2Cumberland$1,170
3Pawtucket$1,170
4Woonsocket$1,170
5Warren$1,180
6Johnston$1,210
7West Warwick$1,220
8Coventry$1,270
9North Kingstown$1,290
10Cranston$1,315
11East Providence$1,325
12Westerly$1,330
13Bristol$1,340
14North Providence$1,340
15Providence (this page)$1,341

Most expensive cities for a studio in Rhode Island

#CityStudio rent
1North Smithfield$1,850
2Portsmouth$1,820
3Newport$1,670
4Narragansett$1,620
5Middletown$1,590
6East Greenwich$1,540
7Warwick$1,380
8South Kingstown$1,370
9Providence (this page)$1,341
10North Providence$1,340
11Bristol$1,340
12Westerly$1,330
13East Providence$1,325
14Cranston$1,315
15North Kingstown$1,290

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Providence.

CityDistanceStudio rentvs Providence
Cranston, RI4.1 mi$1,315$-26 (-2%)
North Providence, RI4.2 mi$1,340$-1 (0%)
East Providence, RI4.7 mi$1,325$-16 (-1%)
Pawtucket, RI5 mi$1,170$-171 (-13%)
Central Falls, RI5 mi$1,170$-171 (-13%)
Johnston, RI6.8 mi$1,210$-131 (-10%)
Warwick, RI8.3 mi$1,380+$39 (+3%)
Cumberland, RI9.9 mi$1,170$-171 (-13%)
Attleboro, MA11.5 mi$1,370+$29 (+2%)
North Attleboro, MA11.9 mi$2,000+$659 (+49%)
West Warwick, RI12 mi$1,220$-121 (-9%)
East Greenwich, RI13.2 mi$1,540+$199 (+15%)

Studio rent in Providence — common questions

How much is a studio apartment in Providence?

As of August 2026, the median studio apartment rent in Providence, Rhode Island is $1,341 per month. This is +41% below the citywide median of $2,281.

What income do you need to afford a studio in Providence?

Using the standard 30% rent-to-income rule, you would need an annual income of about $53,640 ($4,470/month gross), which works out to roughly $25.79/hour at a full-time job.

Is Providence expensive for a studio compared to the rest of the US?

Providence's studio median of $1,341 is +4% above the national studio median of $1,290. It ranks in the 54th percentile of US cities tracked.

How does Providence rank for studio rent in Rhode Island?

Among the 23 cities in Rhode Island with studio data, Providence ranks #15 from cheapest to most expensive.

Are there cheaper studio options near Providence?

Yes — nearby cities with cheaper studio rents include Cranston ($1,315), North Providence ($1,340), East Providence ($1,325).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Providence, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.