02859
ZIPFMR
Providence County, RI
BRFMR
Eff. Rent
0 BR$1,318$1,318
1 BR$1,402$1,402
2 BR$1,729$1,729
3 BR$2,087$1,990
4 BR$2,480$2,200
5 BR$2,852
6 BR$3,280
7 BR$3,772
8 BR$4,338

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.76ratio
FMR$1,318
Market$1,730
vs market-$412

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.76
1 BR
1 BR
0.82ratio
FMR$1,402
Market$1,720
vs market-$318

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.82
2 BR
2 BR
0.89ratio
FMR$1,729
Market$1,940
vs market-$211

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.89
3 BR
3 BR
1.05ratio
FMR$2,087
Market$1,990
vs market+$97

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.05
4 BR
4 BR
1.13ratio
FMR$2,480
Market$2,200
vs market+$280

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.13
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$195,012
Rent
$1,729
Down payment
$39,002
Loan
$156,010
Mortgage
$986
Expenses
$543
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 02859 (RI) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.