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RentData.org Logo Rhode Island Fair Market Rent for 2017 Accurate Rental Price Data

Average Fair Market Rent Prices in Rhode Island:
$779 $880 $1,115 $1,515 $1,860
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Rhode Island (RI) has the 13th highest rent in the country out of 56 states and territories. The Fair Market Rent in Rhode Island ranges from $994 for a 2-bedroom apartment in Providence-Fall River, RI-MA HUD Metro FMR Area to $1,229 for a 2-bedroom unit in Newport-Middleton-Portsmouth, RI HUD Metro FMR Area.

For FY 2017, the Newport-Middleton-Portsmouth, RI HUD Metro FMR Area (Newport County) rent for a studio or efficiency is $780 per month and $2,165 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 $1,115 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Rhode Island is around 40,648 people. So, there are around 6,097 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
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Providence-Fall River, RI-MA HUD Metro FMR Area Metro $732 $827 $994 $1,244 $1,485 16,310
Newport-Middleton-Portsmouth, RI HUD Metro FMR Area Metro $780 $968 $1,229 $1,789 $2,165 16,150
Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area Metro $825 $845 $1,123 $1,511 $1,931 8,188
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