FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 02911
1.08ratio
FMR$1,720
Market$1,590
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 02911
0.98ratio
FMR$2,140
Market$2,190
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 02911
0.98ratio
FMR$2,620
Market$2,670
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 02911
1.00ratio
FMR$2,980
Market$2,980
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
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
--
North Providence, RI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in North Providence, RI is $2,140 a month. That is up 9.7% from $1,950 in FY 2026. North Providence 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 North Providence is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for North Providence, RI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,490
$1,620
+8.7%
$1,458–$1,782
1BR
$1,580
$1,720
+8.9%
$1,548–$1,892
2BR
$1,950
$2,140
+9.7%
$1,926–$2,354
3BR
$2,350
$2,620
+11.5%
$2,358–$2,882
4BR
$2,800
$2,980
+6.4%
$2,682–$3,278
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for North Providence, RI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,620
$1,720
$2,140
$2,620
$2,980
FY 2026
$1,490
$1,580
$1,950
$2,350
$2,800
FY 2025
$1,340
$1,440
$1,760
$2,120
$2,570
FY 2024
$1,360
$1,470
$1,780
$2,150
$2,670
FY 2023
$1,100
$1,210
$1,460
$1,780
$2,190
Questions about North Providence, RI rents
How much will Section 8 pay for a two-bedroom in North Providence, 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 $2,140 it would be $1,926 to $2,354. 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 North Providence, RI in?
North Providence, 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 North Providence, RI for FY 2027?
The two-bedroom FMR rose 9.7%, from $1,950 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has risen 46.6%.
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