Our Rental Portfolio

Our rental portfolio currently includes over 450 apartments across 14 developments in Providence—nine in the Olneyville neighborhood and five in the Elmwood neighborhood—and one development in East Providence. Our properties are managed by Peabody Properties.

We have a number of 1-bedroom affordable rental housing options for individuals who fall within low-income and moderate-income guidelines.

Interested in renting? Complete and return our rental application to get started. Questions? Contact us today! 

  • Email

    OneNB@nullpeabodyproperties.com

  • Phone

    (401) 455-0814
  • In Person

    66 Chaffee Street
    (Mon-Fri 9am-5pm)

1-Bedroom Apartment Income Requirements

We have 1-bedroom apartments available for individuals/households that meet the 60% area media income criteria. Area median income—often referred to as simply AMI—is a key metric in affordable housing. Eligibility for our apartments is dependent upon your household income and the number of people living in your house. 

  • Monthly rents from $1,152-$1,278
  • Maximum of two people per unit (two adults or 1 adult and 1 child)

Apartment eligibility and AMI can get confusing, but don’t worry; our team is here to help make the process simple! 

Complete an application today and someone from the team will contact you with rental options available for you. 

Family SizeMaximum Household Income*
1 Personup to $47,760
2 Peopleup to $54,540

The maximum income for many of our apartments may be much less.