Providence Property Management

Earn more and stress less with all the tools + expert services you need to manage your rental property in Providence.

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See why thousands of homeowners love being part of the Nomad community

$250M+

Total rent guaranteed

10,000+

Owners served

About Nomad

Nomad makes it easy to rent your Providence long-term property and provides financial certainty with guaranteed rent and $500k in property protection. With flexible marketing services, you can choose how involved you want to be in marketing the property and finding tenants. Plus, all owners get access to the owner’s portal where you can track earnings, manage maintenance requests and more!

Renting in Providence

Providence has more renters than owners. About 59% of occupied homes are rented, and 26% of its housing is single-family detached, per the U.S. Census Bureau's 2020–2024 American Community Survey. Detached houses are a minority of its housing; most homes are apartments or attached. Half the homes were built before 1940, so older systems are worth an inspection before you list, and homes built before 1978 need a federal lead-based paint disclosure. The median renter household pays $1,408 a month including utilities. That figure includes apartments, so price a house against comparable houses.

The Nomad Difference

Guaranteed Rent for Providence landlords

Investment properties can be risky. Grow your wealth worry free with the best landlord financial protections in the industry. Only Nomad offers Guaranteed Rent, $500,000 of Property Protection, and Rent Advance.

"Nomad was incredibly helpful in talking us through the options and mapping out the financial implications for our potential scenarios."

Lauren

Nomad Homeowner since 2020

Explore our options | Get Started Today

Rhode Island rules every landlord should know

Security deposit limit: 1 month's rent, plus up to 1 month for furniture worth $5,000 or more
Deposit return deadline: 20 days after move-out, the lease ending, or the tenant giving a forwarding address, whichever is latest
Late fee limit: No statutory limit
Notice before entering: 2 days, except in an emergency
Notice to end a month-to-month lease: 30 days before the end date in the notice, in writing

Reviewed October 2026. General information, not legal advice.

“Nomad found us great tenants who take care of our home and payments are always on time. Good option to do repairs yourself!”

Tom

Nomad owner since 2021