FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 02863
0.80ratio
FMR$1,320
Market$1,650
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 02863
0.82ratio
FMR$1,650
Market$2,000
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.82
3 BR
3 BR- 02863
0.95ratio
FMR$2,020
Market$2,130
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR- 02863
0.99ratio
FMR$2,300
Market$2,320
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
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
--
Central Falls, RI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Central Falls, RI is $1,650 a month. That is up 10.0% from $1,500 in FY 2026. Central Falls 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 Central Falls is 12% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Central Falls, RI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,250
+9.6%
$1,125–$1,375
1BR
$1,220
$1,320
+8.2%
$1,188–$1,452
2BR
$1,500
$1,650
+10.0%
$1,485–$1,815
3BR
$1,810
$2,020
+11.6%
$1,818–$2,222
4BR
$2,150
$2,300
+7.0%
$2,070–$2,530
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Central Falls, RI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,250
$1,320
$1,650
$2,020
$2,300
FY 2026
$1,140
$1,220
$1,500
$1,810
$2,150
FY 2025
$1,170
$1,260
$1,530
$1,850
$2,290
FY 2024
$1,100
$1,190
$1,440
$1,740
$2,160
FY 2023
$920
$1,010
$1,210
$1,470
$1,820
Questions about Central Falls, RI rents
How much will Section 8 pay for a two-bedroom in Central Falls, 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 $1,650 it would be $1,485 to $1,815. 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 Central Falls, RI in?
Central Falls, 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 Central Falls, RI for FY 2027?
The two-bedroom FMR rose 10.0%, from $1,500 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 36.4%.
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