Why are you so abrasive with this comment? I said the infrastructure in RI doesn’t match the cost to live here. I said I didn’t like the weather. One is a fact, the other is an admitted opinion. I also said I am leaving.

Like, what’s your point? I’m not talking about things being expensive. I’m saying I don’t personally feel as if I’m getting my “money’s worth.” If you do, good for you. My leaving should make it easier to afford and someone else can have my space.

News flash…your place in SD is probably not the same price anymore either.

Every apt building advertises themselves as luxury. It doesn’t mean it is. The prices are still rather affordable (especially compared to Boston) and don’t forget many people work remotely.

I don’t want to be insensitive but my position is always… no one is entitled to live anywhere in this country. I’ve had to live in depressed areas and cities until I was able to afford it here, and I also may have to leave. There’s so many affordable places in this country that people brush off as being not worthy of them… when in fact, they are, and are better than we know. When circumstances make habitation unlivable… you hedge your bets on somewhere else. It seems so much easier to even do today than 50 years ago with the internet and easy travel. 100 years ago you may have moved and never see your family again. Now that’s not an issue.

I'm not sure what you mean by the outskirts of the city. Oakhill? South Providence? Feel free to dm me and I can provide more context if you aren't familiar with the area. Areas north of Roger Williams park (edge of Cranston), some parts of Chalkstone, Federal Hill, Olneyville, and Broad Street (edge of Cranston) are all known to be notoriously loud especially in the summer. I would even suggest spending time around Fox Point as I lived there many moons ago and had disrupted sleep between the construction and close together houses (loud neighbors building next door/yard next door fought a lot). There are far more bars and fun businesses around there these days and it's a great place to spend time, I just hated living so close to all of that noise and I've seen some similar complaints on here from people who are sensitive to noise.

I'm not saying it can't happen I'm just saying that is really below market for a 2 bedroom and I'd caution you to do your due diligence on those places or you might end up in another unbearable situation or with a slumlord. Last week I saw a drawing of an apartment at 1550 get multiple emails-- no address and it was a sketch. It's worth mentioning that the $1500 2 bedroom places, if they aren't a scam, are probably in higher crime neighborhoods so that's something to keep in mind if that's something you are uncomfortable with. I had a friend who rented a 3 bedroom for over 2k and had a lot of stress with her kids because of a number of shootings in her neighborhood.

These are not new renos either at those prices-- your average old multifamily is getting turned into condos or posted for 2300 in Providence. Complete dumps I was paying infested with mice in fox point a few years back were reposted at double a year ago. Modern units are 2500+.

So, what I mean about overlapping leases is that I had a few months notice on my last place. I started searching right away and had time on my hands. I lost multiple apartments I applied for simply due to competition and got a place I really liked and paid on two leases for two months in order to get the place I wanted at a good price.

Anyways, I don't mean to sound pessimistic, I've just lived here almost a decade and were undergoing unprecedented gentrification. Prices aren't that far behind Boston and your best bet is to know someone or post on Reddit when the time comes or Nextdoor. Think about your "must have" list at the end of the day and what you're willing to budge on. Feel free to dm me specific spots as I know the city very well.

Providence isn’t deciding anything. It’s based on supply and demand. There’s enough people that find those selling points attractive I guess!

Everywhere along 95 is expensive. It’s not PVD. And none of those places have “great” weather. If you don’t like it you can leave but there’s a reason why New England has always been a desirable place to live.

The word recession has entered the chat

No, but they are raising prices to get a higher return.

Bruh. Everywhere is becoming grossly unaffordable. Welcome to post-Reagan America.

I feel like I need a trust fund just to live in MA or RI.

You have no conception of how prices work if you think landlords are raising prices in an attempt to make providence feel “grand”

Preach. Bikeable walkable. Gotta Love pvd for that alone.

Cuz ri is a great place to live. U will love it here

I'm not arguing that Providence the city government itself is doing it. Just pointing at the landlords and real estate investors that control our housing right now.

You understand “providence” doesn’t set prices right?

Prices are going up because people are paying.

Man those are fighting words in this sub calling the weather shitty ;) Although I have to agree with you. The climate around here is not a small part of why I’m moving. It’s just a confluence of things, but you’re right; why pay this much for weather I’m not personally thrilled about?

Yeah the luxury thing I don’t get! ESP with a 1 hour+ commute to Boston who is making enough money in PVD to live there (or want to live there?).

I have been looking right now, even though I'm planning to move later next year.
I've been seeing some $1500 2BD on the outskirts of the city. Probably a couple dozen or more, some are nothing special, but some seem pretty nice. I'm not looking for brand new appliances and finishes, I'm used to old units in multi-family homes. I get you on the 30+ applicant lines out the door for $1500 2BDs. I'd consider lowering my expectations and look at 1BDs as well. I like lofts but I understand the money it takes to heat and cool them and that's a large deterrent. I currently live in a whole house (single floor, 2 bed bungalow with a semi-finished basement & non-finished attic) split with one person. The utilities get max ~$400 in the winter for gas, electric and internet combined, split between 2 people has been $200 max pp in the height of winter and height of summer. Utils probably went up $40 in the peak seasons this year though since things have gone up. We had an energy audit and our home (built in 1950) is pretty well insulated. I just cannot live with a music producer anymore.. I am truly wanting to have my own space, a sanctuary in which I can sleep peacefully and actually get to bed at a decent bed time. Also, the landlord is a distant family member. He rents it to us cheap but the catch is we have to leave for 6 weeks every summer so he and his family (who live on the west coast) can come and use it as a summer home. While it seemed like a great deal in the beginning, I'm going on year 4 of this and it's getting tiring having to uproot every year and find somewhere else to live for those 6 weeks.

I wanted to know what you meant by overlapping leases? And how it would be costly but may yield better options?

This is the case everywhere unfortunately. I think it’s happening less in Providence than in other major areas which is sad.

I’m starting to feel the pressure. My credit cards are incurring balances that don’t get paid of, my groceries are much more expensive for less, and the only past time I have is being home. Im holding on till I get my card and the big pay bump. Then I can live how I was living prior.

Oh I know. COL is up everywhere. Mostly looking at the rent increases with places like Black Rock scooping up everything during the late stages of the pandemic. Over on Fed Hill and see their people everywhere as of late. Then every new apartment is overpriced "luxury" apts.

Unless you want to move to some god foresaken place like Alabama, unfortunately there aren't many options.

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It’s also November so there’s a lot Less on the market right now and lots of stuff has been sitting bc it’s either overpriced and/or the mortgage rates. The market should come down a tiny bit but there’s such won’t up demand don’t expect the numbers to drop much.