Westerly-Hopkinton-New Shoreham Fair Market Rent FY 2010 Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area Rental Data

Fair Market Rent prices in Westerly-Hopkinton-New Shoreham 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 Westerly-Hopkinton-New Shoreham is $1,012 per month.

The previous year, rent for a two-bedroom home was $1,005 per month. This is a 0.7% increase year-over-year.

This FMR rate applies to Shannock, RI, Peace Dale, RI, Kenyon, RI, Rockville, RI, Slocum, RI, Hopkinton, RI, Wood River Junction, RI, Block Island, RI, Carolina, RI, Wyoming, RI and other cities within the region. The Metro Code or CBSA code for this region is METRO39300MM5520.

Additionally, This Fair Market Rent (FMR) area Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area spans three counties or cities in Rhode Island which ares listed in the table below. Estimated population of Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area FMR area is 31,812 people based on latest Census data.

Compared to the rest of Rhode Island, the Westerly-Hopkinton-New Shoreham FMR area is more expensive than 50% of the state.

Median Rent Prices in Westerly-Hopkinton-New Shoreham

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.

50^th Percentile Rental Prices: