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Studio Apartment for Rent in Woonsocket, RI

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    $1,100 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    832 Elm St Unit 2R, Woonsocket, RI 02895

    Cozy 2nd floor studio/1 bedroom ONLY $1,100! Convenient location, month to month lease, vinyl flooring, tub/shower, 1 off-street parking, laundry on-site. First and Security are required to move in for qualified applicants.*Group showings are scheduled at the allotted day & time. *You can park in driveway, do not block the garage. Use side entry, black door next to the mailboxes.

    832 Elm St Unit 2R, Woonsocket, RI 02895

Why Live in Woonsocket

Woonsocket, Rhode Island, is a small city with a rich history dating back to the 1660s, transitioning from a farming town to an industrial hub with the establishment of the Social Manufacturing Company’s textile mill in the early 1800s. Today, it houses the corporate headquarters of CVS Health and Landmark Medical Center, with many old mill buildings repurposed into offices, condos, and apartments. The city features classic New England home styles, including Cape Cods, Craftsman bungalows, Colonial Revival, and Stick-style homes, with the North End known for its historic Victorian architecture. Woonsocket is recognized for its affordability, boasting the lowest median home prices in Providence County. Education options include the highly rated Mount Saint Charles Academy, known for its academics and competitive ice hockey teams. The downtown Theatre District is a vibrant area with attractions like the historic Stadium Theatre Performing Arts Centre & Conservatory and Chan’s Asian restaurant, which doubles as a music venue. Cultural sites such as the Museum of Work & Culture and St. Ann Arts & Cultural Center add to the city’s charm. Recreational opportunities abound with parks like River Island Art Park and World War II Memorial Park, hosting events like the Levitt-AMP summer concert series and Autumnfest. The Blackstone River Bikeway and public transportation options, including bus services and proximity to Amtrak stations, enhance connectivity. The annual Polar Express event at the historic Providence & Worcester Railroad Station is a notable seasonal attraction.

Frequently Asked Questions

How much does it cost to rent a home in Woonsocket, RI?
The median rent for a home in Woonsocket, RI is $1,800 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Woonsocket, RI?
To comfortably afford the median rent in Woonsocket, RI, a household needs to earn roughly $72,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,800 per month in Woonsocket, RI, renters typically need to show $5,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Woonsocket, RI?
In Woonsocket, RI, the price-to-rent ratio is 17.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,800
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$1,800
Median Condo Rent
$1,773
How to Rent a Home