Olneyville

Providence, RI

Olneyville - Providence, RI

Area Guide

Niche Reviews

3 (2 Reviews)

A historic neighborhood with abundant modern amenities

Historic • Restaurants • Small Business • Diverse • Great Location • Artistic •

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 February 2025, the average apartment rent in Olneyville is $1,223 for a studio, $1,759 for one bedroom, $2,080 for two bedrooms, and $1,458 for three bedrooms. Apartment rent in Olneyville has increased by 2.8% in the past year.

Studio
810 sq ft

Average Sq Ft
$1,223/month

Average Rent

1 BR
802 sq ft

Average Sq Ft
$1,759/month

Average Rent

2 BR
942 sq ft

Average Sq Ft
$2,080/month

Average Rent

3 BR
1,316 sq ft

Average Sq Ft
$1,458/month

Average Rent

Transportation

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.

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Reviews of Olneyville - Providence, RI

Niche Reviews

3 2 Reviews

Niche User

8 years and 9 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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