Rhode Island Fair Market Rent (FY2026)
Northeast region · 3 HUD FMR areas
In FY2026, Rhode Island has 3 HUD Fair Market Rent areas with a median 2-bedroom FMR of $1,729/month. Across the state, the 2-bedroom FMR ranges from $1,721 (Westerly-Hopkinton-New Shoreham, RI) to $2,314 (Newport-Middleton-Portsmouth, RI). That median is $754 above the national median FMR of $975, ranking Rhode Island #7 of 51 states (1 = most expensive). FMR is the federal voucher rent standard, not the market median.
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Rhode Island median FMR by bedroom size
| Unit size | Median FMR (per month) |
|---|---|
| Studio / efficiency | $1,353 |
| 1-bedroom | $1,402 |
| 2-bedroom | $1,729 |
| 3-bedroom | $2,146 |
| 4-bedroom | $2,480 |
These are medians across the state's areas; an individual metro can be much higher or lower. The population-weighted average 2-bedroom FMR (weighting each area by its population) is $1,761.
Every FMR area in Rhode Island
| FMR area | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Providence-Fall River, RI-MA | $1,318 | $1,402 | $1,729 | $2,087 | $2,480 |
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Detailed pages: Providence-Fall River, RI-MA.
Frequently asked questions
What is the Fair Market Rent in Rhode Island for FY2026?
Rhode Island has 3 HUD Fair Market Rent areas. The median 2-bedroom FMR across them is $1,729 per month, ranging from $1,721 (Westerly-Hopkinton-New Shoreham, RI) to $2,314 (Newport-Middleton-Portsmouth, RI). HUD sets FMRs by metro/county, not statewide, so use the area closest to where you live. Verify at huduser.gov.
Which Rhode Island area has the highest and lowest FMR?
In FY2026 the highest 2-bedroom FMR in Rhode Island is $2,314 in Newport-Middleton-Portsmouth, RI, and the lowest is $1,721 in Westerly-Hopkinton-New Shoreham, RI. Rents are highest in the largest metros and lowest in rural counties.
Is Rhode Island expensive for renters compared with other states?
Rhode Island's median 2-bedroom FMR of $1,729 is $754 above the national median FMR of $975 (+77%). It ranks #7 of 51 states and DC by median 2-bedroom FMR (1 = most expensive).
How does FMR relate to Section 8 vouchers in Rhode Island?
Public housing agencies in Rhode Island set Housing Choice Voucher payment standards at roughly 90–110% of the local FMR. Your subsidy covers the gap between that standard and about 30% of your adjusted income. Contact the PHA for your county for exact figures.
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Source & accuracy
FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). State medians and ranges are computed over HUD's area-level FMRs (see methodology). FMR is the federal voucher rent standard, not the market median; verify on huduser.gov.
Last updated: 2026-06-20