Regency Plaza
1 Regency Plaza,
Providence, RI 02903
$1,855 - $3,600
Studio - 3 Beds
Area Guide
Downcity Providence, RI
The bustling heart of Rhode Island’s capital city
Historic
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Vibrant
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Growing
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 September 2026, the average apartment rent in Downcity is $1,983 for a studio, $2,177 for one bedroom, $2,813 for two bedrooms, and $3,196 for three bedrooms. Apartment rent in Downcity has increased by 3.0% in the past year.
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Studio
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637 sq ft
Average Sq Ft
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$1,983/month
Average Rent
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1 BR
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700 sq ft
Average Sq Ft
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$2,177/month
Average Rent
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2 BR
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1,004 sq ft
Average Sq Ft
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$2,813/month
Average Rent
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3 BR
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1,412 sq ft
Average Sq Ft
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$3,196/month
Average Rent
Learn More About Downcity
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downcity - Providence, RI is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
40
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Daily Essentials
In Downcity - Providence, RI, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Great Restaurant Variety Nearby
Restaurants
80
/ 100
Great Café Variety Nearby
Cafes
80
/ 100
Great Variety of Shops Nearby
Shopping
80
/ 100
Recreation
Downcity - Providence, RI provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Fair Wellness Amenity Variety Nearby
Wellness
50
/ 100
Local Vibe
Get a sense of what it’s like to live in Downcity - Providence, RI from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
50
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
90
/ 100
Very Noisy
Quiet Score
20
/ 100
Scores provided by
Reviews of Downcity - Providence, RI
Niche Reviews 
29 Reviews
Niche User
10 years ago•Niche Review
It's generally very quiet around here except from the occasional teenage party. Regardless, the neighbors are very nice.
Niche User
10 years and 1 months ago•Niche Review
It is a good place to be raised.
Niche User
10 years and 6 months ago•Niche Review
I feel like where I live is a nice place to raise a family. There are schools, grocery stores, and other nearby places that are very convenient at all times. My home also has lots of nice big trees, enough parking, and is a residential home which decreases the traffic. Most of the neighbors living around my home have lived there for years which is nice because we get to know the neighbors well.
Niche User
10 years and 10 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
Airports
- Rhode Island Tf Green International
Top Apartments in Downcity
Houses for Rent in Downcity
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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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.