US Rubber Lofts
12 Eagle St,
Providence, RI 02908
$2,070 - $3,375
2-3 Beds
Area Guide
Olneyville Providence, RI
A historic neighborhood with abundant modern amenities
Historic
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Restaurants
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Small Business
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.
Rent Trends
As of July 2026, the average apartment rent in Olneyville is $1,274 for a studio, $1,954 for one bedroom, $2,272 for two bedrooms, and $1,974 for three bedrooms. Apartment rent in Olneyville has decreased by -1.0% in the past year.
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Studio
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805 sq ft
Average Sq Ft
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$1,274/month
Average Rent
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1 BR
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785 sq ft
Average Sq Ft
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$1,954/month
Average Rent
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2 BR
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976 sq ft
Average Sq Ft
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$2,272/month
Average Rent
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3 BR
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1,291 sq ft
Average Sq Ft
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$1,974/month
Average Rent
Learn More About Olneyville
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Olneyville - Providence, RI is for everyday living.
Very Walkable
Walkability
80
/ 100
Some Public Transit
Transit
40
/ 100
Moderately Drivable
Drivability
60
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
In Olneyville - Providence, RI, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Exceptional Restaurant Variety Nearby
Restaurants
90
/ 100
Great Café Variety Nearby
Cafes
80
/ 100
Great Variety of Shops Nearby
Shopping
80
/ 100
Recreation
Olneyville - Providence, RI provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
80
/ 100
Good Wellness Amenity Variety Nearby
Wellness
60
/ 100
Local Vibe
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
50
/ 100
Great Nightlife Variety Nearby
Nightlife
80
/ 100
Not Noisy
Quiet Score
90
/ 100
Scores provided by
Reviews of Olneyville - Providence, RI
Niche Reviews 
2 Reviews
Current Resident
6 years ago•Niche Review
Awful neighborhood. Dangerous. Dirty. Fireworks every single night and cops don't care. A man threatened to murder and rape my daughter and I and police did nothing. I wish I never lived here.
Points of Interest
Shopping Centers
Parks and Recreation
- Woonasquatucket River Greenway - Riverside Park
- Roger Williams National Memorial
- Providence Children's Museum
- Ladd Observatory
- Roger Williams Park Zoo
Airports
- Rhode Island Tf Green International
Top Apartments in Olneyville
Houses for Rent in Olneyville
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Nearby City Rentals
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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 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.