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Note: Providence-Fall River, RI-MA HUD Metro FMR Area spans 2 states: Massachusetts and Rhode Island. Only one of the states will be shown in the map below.
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 2024 Providence-Fall River, RI-MA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Providence-Fall River, MA :
$1,289 $1,398 $1,693 $2,047 $2,536
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Providence-Fall River are very high compared to the national average. This FMR area is more expensive than 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Providence-Fall River is $1,693 per month.

The previous year, rent for a two-bedroom home was $1,409 per month. This is a 20.16% 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 Massachusetts and Rhode Island which ares listed in the table below. Estimated population of Providence-Fall River, RI-MA HUD Metro FMR Area FMR area is 1,210,966 people based on latest Census data.

Compared to the rest of Massachusetts, the Providence-Fall River FMR area is less expensive than 56% of the state.

Massachusetts Rents Map

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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 $ 1386
1-BR 1-Bedroom $ 1504
2-BR 2-Bedroom $ 1821
3-BR 3-Bedroom $ 2202
4-BR 4-Bedroom $ 2727
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
Westport town, MA Metro 15,989
Swansea town, MA Metro 16,692
Somerset town, MA Metro 18,160
Seekonk town, MA Metro 15,613
Rehoboth town, MA Metro 12,285
North Attleborough Town city, MA Metro 29,281
Fall River city, MA Metro 89,618
Attleboro city, MA Metro 45,023
Warren town, RI Metro 10,476
Bristol town, RI Metro 22,070
Barrington town, RI Metro 16,099
West Warwick town, RI Metro 28,937
West Greenwich town, RI Metro 6,297
Warwick city, RI Metro 81,043
East Greenwich town, RI Metro 13,098
Coventry town, RI Metro 34,747
Tiverton town, RI Metro 15,730
Little Compton town, RI Metro 3,496
Jamestown town, RI Metro 5,494
Woonsocket city, RI Metro 41,616
Smithfield town, RI Metro 21,735
Scituate town, RI Metro 10,669
Providence city, RI Metro 179,472
Pawtucket city, RI Metro 71,821
North Smithfield town, RI Metro 12,478
North Providence town, RI Metro 32,532
Lincoln town, RI Metro 21,793
Johnston town, RI Metro 29,326
Glocester town, RI Metro 10,202
Foster town, RI Metro 4,722
East Providence city, RI Metro 47,442
Cumberland town, RI Metro 34,980
Cranston city, RI Metro 81,252
Central Falls city, RI Metro 19,437
Burrillville town, RI Metro 16,684
South Kingstown town, RI Metro 30,651
Richmond town, RI Metro 7,723
North Kingstown town, RI Metro 26,289
Narragansett town, RI Metro 15,451
Exeter town, RI Metro 6,711
Charlestown town, RI Metro 7,832
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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