580 South Water
580 S Water St,
Providence, RI 02903
$2,500 - $4,500 | 1-2 Beds
The East Side of Providence is made up of numerous neighborhoods situated roughly between Downtown Providence and the Seekonk River. Fox Point, College Hill, Wayland, Blackstone, Hope, and Mount Hope are all considered to be East Side communities.
Brown University and the Rhode Island School of Design are both located on the East Side, making the area particularly popular among students, faculty, and staff. The East Side boasts an array of ornate, historic architecture, which lends plenty of character to the region’s rental options, from renovated apartments in longstanding buildings to elegant townhomes and houses tucked along tree-lined streets.
Residents revere the area’s compact, walkable layout and find a variety of parks, cafes, and eateries within walking distance of their homes. Residents who prefer to drive enjoy short commute times with convenience to Interstate 95 and U.S. Route 1.
As of June 2025, the average apartment rent in East Side is $1,312 for a studio, $1,918 for one bedroom, $2,328 for two bedrooms, and $2,956 for three bedrooms. Apartment rent in East Side has increased by 0.1% in the past year.
Studio
408 sq ft
Average Sq Ft
$1,312/month
Average Rent
1 BR
680 sq ft
Average Sq Ft
$1,918/month
Average Rent
2 BR
913 sq ft
Average Sq Ft
$2,328/month
Average Rent
3 BR
935 sq ft
Average Sq Ft
$2,956/month
Average Rent
3,275
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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 June 2025.