2014 Fair Market Rent in Rhode Island

Average Fair Market Rent Prices in Rhode Island:

Studio / Efficiency	1-Bedroom	2-Bedroom	3-Bedroom	4-Bedroom
$674	$757	$932	$1,182	$1,420
0-BR	1-BR	2-BR	3-BR	4-BR

Rhode Island (RI) has the 12th highest rent in the country out of 54 states and territories. The Fair Market Rent in Rhode Island ranges from $913 for a 2-bedroom apartment in Providence-Fall River, RI-MA HUD Metro FMR Area to $1,119 for a 2-bedroom unit in Newport-Middleton-Portsmouth, RI HUD Metro FMR Area.

For FY 2014, the Newport-Middleton-Portsmouth, RI HUD Metro FMR Area (Newport County) rent for a studio or efficiency is $895 per month and $1,982 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 $932 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Rhode Island is around 1,052,567 people. So, there are around 157,885 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
Barrington town Metro	$663	$748	$913	$1,137	$1,361	16,310
Bristol town Metro	$663	$748	$913	$1,137	$1,361	22,954
Warren town Metro	$663	$748	$913	$1,137	$1,361	10,611
Coventry town Metro	$663	$748	$913	$1,137	$1,361	35,014
East Greenwich town Metro	$663	$748	$913	$1,137	$1,361	13,146
Warwick city Metro	$663	$748	$913	$1,137	$1,361	82,672
West Greenwich town Metro	$663	$748	$913	$1,137	$1,361	6,135
West Warwick town Metro	$663	$748	$913	$1,137	$1,361	29,191
Jamestown town Metro	$663	$748	$913	$1,137	$1,361	5,405
Little Compton town Metro	$663	$748	$913	$1,137	$1,361	3,492
Middletown town Metro	$895	$901	$1,119	$1,649	$1,982	16,150
Newport city Metro	$895	$901	$1,119	$1,649	$1,982	24,672
Portsmouth town Metro	$895	$901	$1,119	$1,649	$1,982	17,389
Tiverton town Metro	$663	$748	$913	$1,137	$1,361	15,780
Burrillville town Metro	$663	$748	$913	$1,137	$1,361	15,955
Central Falls city Metro	$663	$748	$913	$1,137	$1,361	19,376
Cranston city Metro	$663	$748	$913	$1,137	$1,361	80,387
Cumberland town Metro	$663	$748	$913	$1,137	$1,361	33,506
East Providence city Metro	$663	$748	$913	$1,137	$1,361	47,037
Foster town Metro	$663	$748	$913	$1,137	$1,361	4,606
Glocester town Metro	$663	$748	$913	$1,137	$1,361	9,746
Johnston town Metro	$663	$748	$913	$1,137	$1,361	28,769
Lincoln town Metro	$663	$748	$913	$1,137	$1,361	21,105
North Providence town Metro	$663	$748	$913	$1,137	$1,361	32,078
North Smithfield town Metro	$663	$748	$913	$1,137	$1,361	11,967
Pawtucket city Metro	$663	$748	$913	$1,137	$1,361	71,148
Providence city Metro	$663	$748	$913	$1,137	$1,361	178,042
Scituate town Metro	$663	$748	$913	$1,137	$1,361	10,329
Smithfield town Metro	$663	$748	$913	$1,137	$1,361	21,430
Woonsocket city Metro	$663	$748	$913	$1,137	$1,361	41,186
Charlestown town Metro	$663	$748	$913	$1,137	$1,361	7,827
Exeter town Metro	$663	$748	$913	$1,137	$1,361	6,425
Hopkinton town Metro	$571	$710	$960	$1,208	$1,511	8,188
Narragansett town Metro	$663	$748	$913	$1,137	$1,361	15,868
New Shoreham town Metro	$571	$710	$960	$1,208	$1,511	1,051
North Kingstown town Metro	$663	$748	$913	$1,137	$1,361	26,486
Richmond town Metro	$663	$748	$913	$1,137	$1,361	7,708
South Kingstown town Metro	$663	$748	$913	$1,137	$1,361	30,639
Westerly town Metro	$571	$710	$960	$1,208	$1,511	22,787

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Rhode Island Fair Market Rent for 2014 Accurate Rental Price Data