FMR is below market; voucher rent may lag private rents.
0.80
1 BR
1 BR- 02804
0.84ratio
FMR$1,510
Market$1,800
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 02804
0.88ratio
FMR$1,980
Market$2,260
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 02804
0.96ratio
FMR$2,510
Market$2,620
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 02804
1.03ratio
FMR$2,980
Market$2,880
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.03
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Ashaway, RI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ashaway, RI is $1,980 a month. That is up 10.6% from $1,790 in FY 2026. Ashaway is in the Providence-Fall River, RI-MA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,879. The median county two-bedroom FMR in Rhode Island is $1,879, so Ashaway is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ashaway, RI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,410
$1,500
+6.4%
$1,350–$1,650
1BR
$1,420
$1,510
+6.3%
$1,359–$1,661
2BR
$1,790
$1,980
+10.6%
$1,782–$2,178
3BR
$2,230
$2,510
+12.6%
$2,259–$2,761
4BR
$2,420
$2,980
+23.1%
$2,682–$3,278
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ashaway, RI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,500
$1,510
$1,980
$2,510
$2,980
FY 2026
$1,410
$1,420
$1,790
$2,230
$2,420
FY 2025
$1,290
$1,290
$1,580
$1,980
$2,460
FY 2024
$1,320
$1,320
$1,590
$2,030
$2,700
FY 2023
$940
$950
$1,140
$1,550
$1,940
Questions about Ashaway, RI rents
How much will Section 8 pay for a two-bedroom in Ashaway, RI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,879, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,691 to $2,067 a month; under the ZIP-level Small Area FMR of $1,980 it would be $1,782 to $2,178. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Ashaway, RI in?
Ashaway, RI is in the Providence-Fall River, RI-MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,879.
How much did fair market rent change in Ashaway, RI for FY 2027?
The two-bedroom FMR rose 10.6%, from $1,790 in FY 2026 to $1,980 in FY 2027. Since FY 2023 it has risen 73.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set