Regency Plaza
1 Regency Plaza,
Providence, RI 02903
$1,850 - $6,810
Studio - 3 Beds
Area Guide
Downtown Providence is a charming commercial district that packs big-city entertainment, attractions, and culture into a quaint space. The Woonasquatucket and Moshassuck Rivers converge into the Providence River, flowing right through the city center, adding picturesque waterfronts to the neighborhood. The city’s well-preserved architecture adds to the city’s charm and keeps its rich history alive.
Situated in the heart of Providence, Downcity (as the locals call it) attracts a variety of renters, from urban professionals and families to college students seeking a vibrant, walkable neighborhood close to everything Providence has to offer. With a nationally ranked design school and top culinary school within its borders, Downtown Providence has a thriving arts scene and a bevy of innovative restaurants that give credence to the city’s nickname, the “Creative Capital.”
An image of the metro area in Downtown Providence.
As of June 2026, the average apartment rent in Downtown Providence is $2,039 for a studio, $2,419 for one bedroom, $3,369 for two bedrooms, and $4,427 for three bedrooms. Apartment rent in Downtown Providence has increased by 1.3% in the past year.
Studio
777 sq ft
Average Sq Ft
$2,039/month
Average Rent
1 BR
729 sq ft
Average Sq Ft
$2,419/month
Average Rent
2 BR
1,058 sq ft
Average Sq Ft
$3,369/month
Average Rent
3 BR
1,582 sq ft
Average Sq Ft
$4,427/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Providence - Providence, RI is for everyday living.
Exceptionally Walkable
Walkability
Exceptional Public Transit
Transit
Very Drivable
Drivability
Moderately Bikeable
Bikeability
In Downtown Providence - Providence, RI, daily errands are quick and hassle-free.
Supermarket Within a 15 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Exceptional Variety of Shops Nearby
Shopping
Downtown Providence - Providence, RI provides ample green space and fitness centers within easy reach.
Very Large Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Providence - Providence, RI from everyday activity to noise and nightlife.
Highly Vibrant Atmosphere
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
† 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 June 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.