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Rhode Island Fair Market Rents

2023 Fair Market Rents

2023 FMRs in Rhode Island by county. Click on the map below to view FMRs for a particular county.

Rhode Island Map

Minimum FMR
Maximum FMR

FMRs vary across Rhode Island based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Rhode Island is $1,453.

The highest average FMR for a two-bedroom apartment in the United States is $1,951 in Hawaii. The lowest for a two-bedroom apartment is $519 in Puerto Rico.

FMRs in Rhode Island are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does Rhode Island compare?

The highest FMR for a two-bedroom apartment in Rhode Island is $1,409 in Providence County, Providence County, and 37 others. The lowest FMR for a two-bedroom apartment is $1,409 in Providence County, Providence County, and 37 others.

Rhode Island ($1,453) has a 32.6% higher FMR for 2-Bedroom housing than the average of the US ($1,096) and therefore has a higher gross rent.

Rhode Island is rank 8th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is higher than 48 other States and territories. Rhode Island is the 8th most expensive State or territory in terms of FMRs.

Average FMRs for Rhode Island

8th
Rank
$1,108
Studio
$1,199
1-person
$1,453
2-person
$1,798
3-person
$2,229
4-person
Counties in Rhode Island (39)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,179 $1,186 $1,416 $1,855 $2,412
Washington County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,179 $1,186 $1,416 $1,855 $2,412
Washington County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Washington County 1st $1,179 $1,186 $1,416 $1,855 $2,412
Newport County 1st $1,495 $1,526 $1,976 $2,649 $3,271
Bristol County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Bristol County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Kent County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Kent County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Kent County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Kent County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Kent County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Newport County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Newport County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Bristol County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Newport County 1st $1,495 $1,526 $1,976 $2,649 $3,271
Newport County 1st $1,495 $1,526 $1,976 $2,649 $3,271
Newport County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118
Providence County 1st $1,066 $1,171 $1,409 $1,715 $2,118

More on Rhode Island

Want to learn more about Rhode Island? See Loan Limits in Rhode Island to view maximum loan amounts or click here to find a Public Housing Authority in Rhode Island who can help with finding affordable housing near you.

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.


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