Regency Plaza
1 Regency Plaza,
Providence, RI 02903
$1,805 - $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 December 2025, the average apartment rent in Downcity is $1,933 for a studio, $2,139 for one bedroom, $2,808 for two bedrooms, and $3,404 for three bedrooms. Apartment rent in Downcity has increased by 6.3% in the past year.
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Studio
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640 sq ft
Average Sq Ft
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$1,933/month
Average Rent
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1 BR
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703 sq ft
Average Sq Ft
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$2,139/month
Average Rent
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2 BR
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1,022 sq ft
Average Sq Ft
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$2,808/month
Average Rent
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3 BR
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1,374 sq ft
Average Sq Ft
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$3,404/month
Average Rent
Reviews of Downcity - Providence, RI
Niche Reviews
29 Reviews
Niche User
9 years and 3 months ago•Niche Review
There's not really any crime in the area so it's a great place to live!
Niche User
9 years and 7 months ago•Niche Review
The crime and safety in the area of Santa Ana that I live in is not bad. There can always be improvements in any situation.
Niche User
9 years and 9 months ago•Niche Review
I see this area being remodel in the future for the better.
Niche User
9 years and 9 months ago•Niche Review
This area is close to my college, and market places so it is some how convenient for me
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.