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Home / Providence Area Apartments / North Providence / 242 Waterman Ave
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Updated 2 hours ago

242 Waterman Ave


North Providence, RI

1 Bed
•
1 Bath

500 Sq. Ft.

Available starting Jan. 17th
Floor plans
1 Bed • 1 Bath
$1,325 - $1,350
500 ft2
2 Available
Managed By: The Bilotti Group, Inc.
B-15
$1,325
Available Jan 17th, 2026
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A-05
$1,350
Available Feb 1st, 2026
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Where you'll live
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242 Waterman Ave
242 Waterman Ave
242 Waterman Ave
Location ratings
Walk Score®
35
Car-Dependent
Bike Score®
33
Somewhat Bikeable
Amenities
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Water Included
Range / Oven
Microwave
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit:

1325 - 1350

Property details
Description

Welcome to 242 Waterman Avenue in North Providence, RI! This charming apartment offers convenient off-street parking, a shared laundry facility for your convenience, and a lovely balcony where you can relax and enjoy the fresh air. Located in a convenient neighborhood, this apartment is perfect for those looking for a comfortable and convenient living space. Don't miss out on the opportunity to make 242 Waterman Avenue your new home!

Additional Details
Total Unit Count: 37
Last Updated: Updated 2 hours ago
Contact Number: (401) 942-5592
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 35.0
Verizon Communications Inc. 940.0 880.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 10.0 1.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 242 Waterman Ave by bedroom type below.
1 Bedroom
Suggested income:
$48,100
per year
Rent report

242 Waterman Ave Rent vs. North Providence Average

 242 Waterman Ave      North Providence Average
1BR
$1,338
$1,843
$0
$600
$1,200
$1,800
$2,400

242 Waterman Ave is asking 27% less than the average 1 bedroom apartment in North Providence.

If you downsized to an average priced North Providence studio apartment, you would pay 9% more per month.

242 Waterman Ave provides 38% less square footage than the average North Providence 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
242 Waterman Ave
1BR $1,338 $2.70 $4,013
North Providence Average
Studio $2,019 $2.10 $6,058
1BR $1,843 $2.30 $5,529
3BR $2,350 $2.00 $7,050

Availability in North Providence

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 6 Studio units on the market in North Providence. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
46% 23% 23% 8%
Available Units in North Providence
Studio 6
1BR 3
2BR 3
3BR 1
Location
Nearby Colleges

Rhode Island College

Johnson & Wales University-Providence

Brown University

Nearby Hospitals
Name Distance
Our Lady Of Fatima Hospital 1.97 mi.
Roger Williams Medical Center 3.78 mi.
Va Medical Center Providence 3.99 mi.
Nearby Fire Stations
Name Distance
North Providence Fire Department 1.3 mi.
Johnston Fire Department 1.66 mi.
Smithfield Fire Department 3.11 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is January 17, 2026.
What's the square footage of the available units?
The available units are 500 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,325 to $1,350. 242 Waterman Ave has 1 bedroom units available starting at $1,325.
Where is this property located?
This property is at 242 Waterman Ave in North Providence, RI. It's 1.7 miles northwest from the center of North Providence.
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