US Rubber Lofts
12 Eagle St,
Providence, RI 02908
$1,735 - $3,405
1-4 Beds
Valley is a diverse, urban neighborhood located about two miles west of Downtown Providence. Along with offering affordable to upscale rentals for rent, Valley is a bustling commercial district housing several business parks and small businesses. Residents also have access to a wide variety of shops and diverse restaurants serving everything from fried plantain to cheesy pizza. Valley is north of Federal Hill and Elmhurst, so residents head to these two popular areas for more options as well. The neighborhood is best known for housing the Providence Veterans Affairs Medical Center. Great for professionals and students, Valley is less than 15 minutes away from Downtown Providence and College Hill, home to Brown University and the Rhode Island School of Design. Similar to many Providence areas, Valley provides quiet suburban living within a thriving city.
As of January 2026, the average apartment rent in Valley is $1,965 for one bedroom, $2,212 for two bedrooms, and $2,759 for three bedrooms. Apartment rent in Valley has increased by 15.3% in the past year.
1 BR
781 sq ft
Average Sq Ft
$1,965/month
Average Rent
2 BR
1,209 sq ft
Average Sq Ft
$2,212/month
Average Rent
3 BR
1,476 sq ft
Average Sq Ft
$2,759/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Niche User
9 years and 7 months ago•Niche Review
I like this area because there are so many different types of people, I love that we have four seasons (and cold winters, especially!). When I was younger, I wanted to move to a more suburban area (maybe Florida?), but now that I am older, I can appreciate the city/urban life and culture much more. If I were to move somewhere else, it would only be because I want to live in a larger city.
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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 November 2025.