US Rubber Lofts
12 Eagle St,
Providence, RI 02908
$2,070 - $3,375
2-3 Beds
Located about two miles west of Downtown Providence, neighboring Federal Hill, historic Olneyville is an urban neighborhood and a bustling commercial district. Olneyville once housed the state's costume jewelry industry and warehouses of downtown retailers. Today, Olneyville remains a vibrant hub with office buildings, grocery stores, museums, art galleries, and upscale loft apartments. Olneyville is known for its high-end industrial lofts, there are plenty of more affordable options as well. Although Olneyville is small, it has a large dining scene. This diverse neighborhood is home to authentic restaurants, mom-and-pop bakeries, and Olneyville New York System Restaurant, a landmark hot dog joint with several national recognitions. For more amenities, residents can easily travel to Downtown Providence or Federal Hill, which are both less than 15 minutes away.
As of April 2026, the average apartment rent in Olneyville is $1,260 for a studio, $1,905 for one bedroom, $2,143 for two bedrooms, and $1,973 for three bedrooms. Apartment rent in Olneyville has increased by 9.1% in the past year.
Studio
820 sq ft
Average Sq Ft
$1,260/month
Average Rent
1 BR
783 sq ft
Average Sq Ft
$1,905/month
Average Rent
2 BR
968 sq ft
Average Sq Ft
$2,143/month
Average Rent
3 BR
1,291 sq ft
Average Sq Ft
$1,973/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Olneyville - Providence, RI is for everyday living.
Very Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Moderately Bikeable
Bikeability
Olneyville - Providence, RI offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Olneyville - Providence, RI provides green space and wellness resources in certain areas.
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 Olneyville - Providence, RI from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
Niche User
9 years and 10 months ago•Niche Review
Your level of safety depends where you are. However, I don't consider anywhere in Providence particularly unsafe or more dangerous than any other place in Rhode Island or even America.
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† 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 February 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.