How many apartments are available in 02906 on Rentable.co?

Rentable.co has 34 apartments available for rent in 02906.

What is the average rent for an apartment in 02906?

The average rent for an apartment in 02906 is around $1,800 per month.

What is the average rent for a one-bedroom apartment in 02906?

The average rent for a one-bedroom apartment in 02906 is around $1,605 per month.

What is the average rent for a two-bedroom apartment in 02906?

The average rent for a two-bedroom apartment in 02906 is around $2,135 per month.

What is the average rent for a studio apartment in 02906?

The average rent for a studio apartment in 02906 is around $1,350 per month.

Apartments in 02906

Providence:
May Rent Report

Welcome to the May 2024 Providence Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Providence rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Providence and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Providence average rent prices in the chart below.

Monthly Rent Report

$2,400

$1,800

$1,200

$600

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Providence Rent Prices Decrease From April to May

Providence rent prices decreased over the last month. From April to May, the city experienced a -0.57% decrease for the price of a one-bedroom apartment. The rent price for a Providence one-bedroom apartments currently stands at $1,557.0.

When we take a look at the two-bedroom comparison from April to May, Providence experienced a -1.21% decrease for the price of a two-bedroom apartment. The rent price for a Providence two-bedroom apartments currently stands at $2,123.0.

May Prices: Providence vs. Surrounding Areas

Raynham, MA

Attleboro, MA

Milford, MA

Millville, MA

Taunton, MA

Providence, RI

Fall River, MA

$2,480

$2,288

$2,016

$1,954

$1,810

$1,566

$1,513

$850

$1,700

$2,550

$3,400

Median 1 BR Rent

Rent Prices in Providence and Surrounding Areas

Rent prices have decreased in Providence over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Providence suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Taunton, MA, Attleboro, MA, Millville, MA .
Rent decreased in Raynham, MA, Fall River, MA, Milford, MA.
5 suburbs are currently priced higher than the city of Providence.
1 suburb is currently priced lower than the city of Providence.

May 2024 Pricing Trends: Providence vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Providence, RI

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,566

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Providence Rent Prices More Affordable Than Major Cities

Rent growth in Providence over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Providence average rent prices appear to be relatively affordable for local residents.

The price for a Providence one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Providence and surrounding area rent prices, take a look at the complete data set below.

Data set for Providence and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Providence, RI	$1,566.0	1.16%	$2,149.0	-1.10%
Raynham, MA	$2,480.0	0.00%	$3,029.0	2.40%
Fall River, MA	$1,513.0	-0.46%	$1,676.0	-2.22%
Taunton, MA	$1,810.0	0.06%	$1,767.0	17.33%
Milford, MA	$2,016.0	0.00%	$2,252.0	5.58%
Attleboro, MA	$2,288.0	0.79%	$2,168.0	-10.56%
Millville, MA	$1,954.0	0.98%	$2,227.0	0.14%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.