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Note: Multiple FMR Areas exist within the region highlighted in the map below. Other FMR Areas include: New Bedford, MA HUD Metro FMR Area, Taunton-Mansfield-Norton, MA HUD Metro FMR Area, Easton-Raynham, MA HUD Metro FMR Area, Newport-Middleton-Portsmouth, RI HUD Metro FMR Area and Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area

RentData.org Logo Providence-Fall River Fair Market Rent FY 2021 Providence-Fall River, RI-MA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Providence-Fall River, MA :
$848 $955 $1,148 $1,428 $1,714
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Providence-Fall River are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Providence-Fall River is $1,148 per month.

The previous year, rent for a two-bedroom home was $1,075 per month. This is a 6.79% increase year-over-year.

This FMR rate applies to Adamsville, RI, Fiskeville, RI, Easton, MA, Forestdale, RI, Kenyon, RI, Westport Point, MA, Harmony, RI, Clayville, RI, Chartley, MA, Oakland, RI and other cities within the region. The Metro Code or CBSA code for this region is METRO39300M39300.

Additionally, This Fair Market Rent (FMR) area Providence-Fall River, RI-MA HUD Metro FMR Area spans forty-one counties or cities in which ares listed in the table below. Estimated population of Providence-Fall River, RI-MA HUD Metro FMR Area FMR area is 1,206,250 people based on latest Census data.

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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 Providence-Fall River. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Providence-Fall River

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 915
1-BR 1-Bedroom $ 1030
2-BR 2-Bedroom $ 1239
3-BR 3-Bedroom $ 1541
4-BR 4-Bedroom $ 1850
Change Year:

The counties, cities, towns, and regions listed below fall into the Providence-Fall River, RI-MA HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Providence - New Bedford and Boston (Manchester).

County / Region Est. Population
Attleboro city, MA Metro 44,325
Fall River city, MA Metro 89,260
North Attleborough town, MA Metro 29,035
Rehoboth town, MA Metro 11,990
Seekonk town, MA Metro 14,955
Somerset town, MA Metro 18,255
Swansea town, MA Metro 16,340
Westport town, MA Metro 15,810
Barrington town, RI Metro 16,220
Bristol town, RI Metro 22,320
Warren town, RI Metro 10,490
Coventry town, RI Metro 34,875
East Greenwich town, RI Metro 13,095
Warwick city, RI Metro 81,220
West Greenwich town, RI Metro 6,120
West Warwick town, RI Metro 28,710
Jamestown town, RI Metro 5,505
Little Compton town, RI Metro 3,520
Tiverton town, RI Metro 15,870
Burrillville town, RI Metro 16,365
Central Falls city, RI Metro 19,395
Cranston city, RI Metro 80,980
Cumberland town, RI Metro 34,500
East Providence city, RI Metro 47,425
Foster town, RI Metro 4,690
Glocester town, RI Metro 9,995
Johnston town, RI Metro 29,160
Lincoln town, RI Metro 21,630
North Providence town, RI Metro 32,345
North Smithfield town, RI Metro 12,300
Pawtucket city, RI Metro 71,770
Providence city, RI Metro 179,510
Scituate town, RI Metro 10,530
Smithfield town, RI Metro 21,610
Woonsocket city, RI Metro 41,510
Charlestown town, RI Metro 7,760
Exeter town, RI Metro 6,760
Narragansett town, RI Metro 15,600
North Kingstown town, RI Metro 26,180
Richmond town, RI Metro 7,610
South Kingstown town, RI Metro 30,710
Zip Codes in Providence-Fall River, RI-MA HUD Metro FMR Area

There are 137 unique zip codes in this Fair Market Rent (FMR) area:

02048, 02324, 02334, 02347, 02356, 02357, 02375, 02568, 02702, 02703, 02712, 02715, 02717, 02718, 02719, 02720, 02721, 02722, 02723, 02724, 02725, 02726, 02740, 02741, 02742, 02743, 02744, 02745, 02746, 02747, 02748, 02760, 02761, 02762, 02763, 02764, 02766, 02767, 02768, 02769, 02770, 02771, 02777, 02779, 02780, 02790, 02791, 02801, 02802, 02804, 02806, 02807, 02808, 02809, 02812, 02813, 02814, 02815, 02816, 02817, 02818, 02822, 02823, 02824, 02825, 02826, 02827, 02828, 02829, 02830, 02831, 02832, 02833, 02835, 02836, 02837, 02838, 02839, 02840, 02841, 02842, 02852, 02857, 02858, 02859, 02860, 02861, 02862, 02863, 02864, 02865, 02871, 02872, 02873, 02874, 02875, 02876, 02877, 02878, 02879, 02880, 02881, 02882, 02883, 02885, 02886, 02887, 02888, 02889, 02891, 02892, 02893, 02894, 02895, 02896, 02898, 02901, 02902, 02903, 02904, 02905, 02906, 02907, 02908, 02909, 02910, 02911, 02912, 02914, 02915, 02916, 02917, 02918, 02919, 02920, 02921 and 02940

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