Regency Plaza
1 Regency Plaza,
Providence, RI 02903
$1,855 - $6,810
Studio - 3 Beds
Downcity
Providence, RI
Downcity - Providence, RI
Area Guide
Niche Reviews 
The bustling heart of Rhode Island’s capital city
Historic
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Vibrant
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Growing
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Urban
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Riverside
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Walkable
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Downcity, also known as Downtown Providence, is the historic and cultural epicenter of Rhode Island’s capital city. Downcity is revered for its ornate architecture, picturesque riverfront, cultural institutions, and exceptional shopping and dining options.
There are a wide variety of rental options in Downcity, from renovated lofts to sleek high-rise apartments and everything in between. Residents enjoy the neighborhood’s walkable layout, vibrant atmosphere, and year-round events and attractions. Convenience to Brown University, the Rhode Island School of Design, and Johnson and Wales University makes the neighborhood a top choice for countless students, faculty, and staff seeking a rental close to campus in a burgeoning cityscape.
Rent Trends
As of January 2026, the average apartment rent in Downcity is $1,970 for a studio, $2,102 for one bedroom, $2,792 for two bedrooms, and $3,268 for three bedrooms. Apartment rent in Downcity has increased by 1.9% in the past year.
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Studio
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640 sq ft
Average Sq Ft
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$1,970/month
Average Rent
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1 BR
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693 sq ft
Average Sq Ft
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$2,102/month
Average Rent
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2 BR
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1,024 sq ft
Average Sq Ft
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$2,792/month
Average Rent
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3 BR
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1,374 sq ft
Average Sq Ft
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$3,268/month
Average Rent
Reviews of Downcity - Providence, RI
Niche Reviews
29 Reviews
Niche User
9 years and 5 months ago•Niche Review
Not much crime around my area.
Niche User
9 years and 10 months ago•Niche Review
I see this area being remodel in the future for the better.
Niche User
10 years and 2 months ago•Niche Review
Santa Ana is a beautiful city, it has it's history. But I am a proud Santanera.
Niche User
10 years and 3 months ago•Niche Review
I feel like my area is pretty good low crime, good services and easy to get where you want to go with public transport.
Points of Interest
Shopping Centers
Parks and Recreation
- Roger Williams National Memorial
- Woonasquatucket River Greenway - Riverside Park
- Ladd Observatory
- Providence Children's Museum
- Roger Williams Park Zoo
Military Bases
Airports
- Rhode Island Tf Green International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.