FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 02837
0.91ratio
FMR$2,260
Market$2,480
vs market-$220
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR- 02837
1.11ratio
FMR$2,820
Market$2,540
vs market+$280
FMR is above market; underwrite to market rent.
1.11
3 BR
3 BR- 02837
1.19ratio
FMR$3,450
Market$2,910
vs market+$540
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR- 02837
1.11ratio
FMR$3,920
Market$3,530
vs market+$390
FMR is above market; underwrite to market rent.
1.11
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
--
Little Compton, RI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Little Compton, RI is $2,820 a month. That is up 8.9% from $2,590 in FY 2026. Little Compton 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 Little Compton is 50% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Little Compton, RI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,970
$2,140
+8.6%
$1,926–$2,354
1BR
$2,100
$2,260
+7.6%
$2,034–$2,486
2BR
$2,590
$2,820
+8.9%
$2,538–$3,102
3BR
$3,130
$3,450
+10.2%
$3,105–$3,795
4BR
$3,720
$3,920
+5.4%
$3,528–$4,312
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Little Compton, RI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,140
$2,260
$2,820
$3,450
$3,920
FY 2026
$1,970
$2,100
$2,590
$3,130
$3,720
FY 2025
$1,850
$1,980
$2,420
$2,920
$3,540
FY 2024
$1,840
$2,000
$2,420
$2,930
$3,620
FY 2023
$1,470
$1,610
$1,940
$2,360
$2,920
Questions about Little Compton, RI rents
How much will Section 8 pay for a two-bedroom in Little Compton, 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 $2,820 it would be $2,538 to $3,102. 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 Little Compton, RI in?
Little Compton, 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 Little Compton, RI for FY 2027?
The two-bedroom FMR rose 8.9%, from $2,590 in FY 2026 to $2,820 in FY 2027. Since FY 2023 it has risen 45.4%.
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