HUD publishes Fair Market Rent for 103 ZIP codes across 3 HUD FMR areas in RI. Two-bedroom FMR ranges from $1,560 to $2,820.
| Bedrooms | Average FY2027 FMR |
|---|---|
| Studio | $1,530 |
| 1 bedroom | $1,611 |
| 2 bedroom | $2,016 |
| 3 bedroom | $2,487 |
| 4 bedroom | $2,849 |
Across the 103 RI ZIP codes present in both years, the average two-bedroom Fair Market Rent increased from $1,894 to $2,016, a change of +$122 (+6.4%). Payment standards follow FMR, so an increase generally raises the ceiling a voucher can cover in RI.
RI is divided into 3 HUD FMR areas. Each sets its own rent standard, so the ceiling a voucher can cover changes depending on which area a unit sits in.
| FMR Area | ZIP Codes | Avg 2BR | 2BR Range |
|---|---|---|---|
| Newport-Middleton-Portsmouth | 6 | $2,420 | $2,090 - $2,590 |
| Providence-Fall River | 88 | $2,008 | $1,560 - $2,820 |
| Westerly-Hopkinton-New Shoreham | 9 | $1,820 | $1,560 - $1,990 |
| ZIP | FMR Area | 2BR FMR |
|---|---|---|
| 02827 | Providence-Fall River | $2,820 |
| 02837 | Providence-Fall River | $2,820 |
| 02817 | Providence-Fall River | $2,820 |
| 02835 | Providence-Fall River | $2,750 |
| 02876 | Providence-Fall River | $2,720 |
| 02760 | Providence-Fall River | $2,650 |
| 02903 | Providence-Fall River | $2,630 |
| 02842 | Newport-Middleton-Portsmouth | $2,590 |
| 02771 | Providence-Fall River | $2,570 |
| 02806 | Providence-Fall River | $2,560 |
| 02912 | Providence-Fall River | $2,510 |
| 02906 | Providence-Fall River | $2,500 |
| 02882 | Providence-Fall River | $2,490 |
| 02801 | Providence-Fall River | $2,490 |
| 02841 | Newport-Middleton-Portsmouth | $2,480 |
| 02840 | Newport-Middleton-Portsmouth | $2,480 |
| 02831 | Providence-Fall River | $2,470 |
| 02872 | Newport-Middleton-Portsmouth | $2,450 |
| 02871 | Newport-Middleton-Portsmouth | $2,430 |
| 02823 | Providence-Fall River | $2,320 |
| 02839 | Providence-Fall River | $2,220 |
| 02915 | Providence-Fall River | $2,190 |
| 02921 | Providence-Fall River | $2,150 |
| 02886 | Providence-Fall River | $2,150 |
| 02703 | Providence-Fall River | $2,140 |
| ZIP | FMR Area | 2BR FMR |
|---|---|---|
| 02808 | Westerly-Hopkinton-New Shoreham | $1,560 |
| 02721 | Providence-Fall River | $1,560 |
| 02917 | Providence-Fall River | $1,560 |
| 02830 | Providence-Fall River | $1,560 |
| 02826 | Providence-Fall River | $1,560 |
| 02858 | Providence-Fall River | $1,580 |
| 02863 | Providence-Fall River | $1,650 |
| 02769 | Providence-Fall River | $1,660 |
| 02873 | Westerly-Hopkinton-New Shoreham | $1,660 |
| 02723 | Providence-Fall River | $1,660 |
| 02724 | Providence-Fall River | $1,690 |
| 02814 | Providence-Fall River | $1,710 |
| 02829 | Providence-Fall River | $1,710 |
| 02860 | Providence-Fall River | $1,720 |
| 02895 | Providence-Fall River | $1,720 |
| 02907 | Providence-Fall River | $1,730 |
| 02896 | Providence-Fall River | $1,740 |
| 02824 | Providence-Fall River | $1,750 |
| 02859 | Providence-Fall River | $1,760 |
| 02888 | Providence-Fall River | $1,760 |
| 02832 | Westerly-Hopkinton-New Shoreham | $1,760 |
| 02898 | Westerly-Hopkinton-New Shoreham | $1,770 |
| 02861 | Providence-Fall River | $1,770 |
| 02725 | Providence-Fall River | $1,790 |
| 02761 | Providence-Fall River | $1,800 |
Fair Market Rent is not what a family pays and not what the voucher pays. The housing authority sets a payment standard from it, normally 90% to 110% of FMR. How voucher amounts are calculated.
Source: US Department of Housing and Urban Development, FY2027 Fair Market Rents.
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