2020 Fair Market Rent in Rhode Island

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Average Fair Market Rent Prices in Rhode Island:

Studio / Efficiency	1-Bedroom	2-Bedroom	3-Bedroom	4-Bedroom
$872	$955	$1,216	$1,666	$1,901
0-BR	1-BR	2-BR	3-BR	4-BR

Rhode Island (39) has the 21st highest rent in the country out of 112 states and territories. The Fair Market Rent in Rhode Island ranges from $1,075 for a 2-bedroom apartment in Providence-Fall River, RI-MA HUD Metro FMR Area to $1,419 for a 2-bedroom unit in Newport-Middleton-Portsmouth, RI HUD Metro FMR Area.

For FY 2020, the Newport-Middleton-Portsmouth, RI HUD Metro FMR Area (Newport County) rent for a studio or efficiency is $978 per month and $2,491 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Rhode Island is $1,216 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Rhode Island is around 40,430 people. So, there are around 6,065 people in Rhode Island who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Rhode Island. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Rhode Island Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Rhode Island

County	0 BR	1 BR	2 BR	3 BR	4 BR	Est. Population
Providence-Fall River, RI-MA HUD Metro FMR Area Metro	$794	$898	$1,075	$1,340	$1,591	16,220
Newport-Middleton-Portsmouth, RI HUD Metro FMR Area Metro	$978	$1,091	$1,419	$2,042	$2,491	16,100
Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area Metro	$843	$876	$1,154	$1,616	$1,622	8,110

County

0 BR

1 BR

2 BR

3 BR

4 BR

Est. Population

Providence-Fall River, RI-MA HUD Metro FMR Area Metro

$794

$898

$1,075

$1,340

$1,591

16,220

Newport-Middleton-Portsmouth, RI HUD Metro FMR Area Metro

$978

$1,091

$1,419

$2,042

$2,491

16,100

Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area Metro

$843

$876

$1,154

$1,616

$1,622

8,110

RentData.org

Rhode Island Fair Market Rent for 2020 Accurate Rental Price Data

Average Fair Market Rent Prices in Rhode Island:

What is Fair Market Rent?

Rhode Island Fair Market Rent Map

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