Olneyville

Providence, RI

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Olneyville - Providence, RI

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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 January 2025, the average apartment rent in Olneyville is $1,225 for a studio, $1,805 for one bedroom, $2,298 for two bedrooms, and $1,515 for three bedrooms. Apartment rent in Olneyville has increased by 7.4% in the past year.

  • Studio

  • 813 sq ft

    Average Sq Ft

  • $1,225/month

    Average Rent

  • 1 BR

  • 781 sq ft

    Average Sq Ft

  • $1,805/month

    Average Rent

  • 2 BR

  • 927 sq ft

    Average Sq Ft

  • $2,298/month

    Average Rent

  • 3 BR

  • 1,316 sq ft

    Average Sq Ft

  • $1,515/month

    Average Rent

Transportation

85

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

47

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

76

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

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3 2 Reviews

Current Resident

4 years and 5 months agoNiche 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.

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Points of Interest

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

Property Management Companies