FMR is below market; voucher rent may lag private rents.
0.79
1 BR
1 BR- 02891
0.78ratio
FMR$1,440
Market$1,840
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 02891
0.82ratio
FMR$1,890
Market$2,300
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.82
3 BR
3 BR- 02891
0.86ratio
FMR$2,400
Market$2,780
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR- 02891
0.97ratio
FMR$2,840
Market$2,940
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.97
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
--
Westerly, RI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Westerly, RI is $1,890 a month. That is up 6.2% from $1,780 in FY 2026. Westerly 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.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Westerly, RI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,440
+2.9%
$1,296–$1,584
1BR
$1,410
$1,440
+2.1%
$1,296–$1,584
2BR
$1,780
$1,890
+6.2%
$1,701–$2,079
3BR
$2,220
$2,400
+8.1%
$2,160–$2,640
4BR
$2,410
$2,840
+17.8%
$2,556–$3,124
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Westerly, RI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,440
$1,440
$1,890
$2,400
$2,840
FY 2026
$1,400
$1,410
$1,780
$2,220
$2,410
FY 2025
$1,330
$1,340
$1,630
$2,040
$2,510
FY 2024
$1,360
$1,360
$1,640
$2,100
$2,780
FY 2023
$1,200
$1,210
$1,440
$1,890
$2,450
Questions about Westerly, RI rents
How much will Section 8 pay for a two-bedroom in Westerly, 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 $1,890 it would be $1,701 to $2,079. 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 Westerly, RI in?
Westerly, 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 Westerly, RI for FY 2027?
The two-bedroom FMR rose 6.2%, from $1,780 in FY 2026 to $1,890 in FY 2027. Since FY 2023 it has risen 31.3%.
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