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RentData.org Logo Rhode Island Fair Market Rent for 2025 Accurate Rental Price Data

Average Fair Market Rent Prices in Rhode Island:
$1,394 $1,429 $1,797 $2,284 $2,715
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Rhode Island (39) has the 10th highest rent in the country out of 56 states and territories. The Fair Market Rent in Rhode Island ranges from $1,576 for a 2-bedroom apartment in Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area to $2,200 for a 2-bedroom unit in Newport-Middleton-Portsmouth, RI HUD Metro FMR Area.

For FY 2025, the Newport-Middleton-Portsmouth, RI HUD Metro FMR Area (Newport County) rent for a studio or efficiency is $1,666 per month and $3,328 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 $1,797 per month.

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
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Providence-Fall River, RI-MA HUD Metro FMR Area Metro $1,233 $1,319 $1,614 $1,945 $2,359 0
Newport-Middleton-Portsmouth, RI HUD Metro FMR Area Metro $1,666 $1,677 $2,200 $2,937 $3,328 0
Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area Metro $1,284 $1,292 $1,576 $1,970 $2,459 0

What's Next?

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