- Home
- Rent reports
- Rhode Island
Rhode Island rent report: HUD fair market rents for fiscal 2027
From HUD's fiscal 2027 Fair Market Rents, generally effective October 1, 2026
Each year HUD publishes a Fair Market Rent for every metro area and rural county: an estimate of the 40th percentile gross rent, meaning rent plus basic utilities, for a standard-quality home of each size. This report shows the fiscal 2027 figures for Rhode Island, averaged across the state by population, and how they changed from fiscal 2026.
Setting the rent for a Rhode Island home?
List your Rhode Island rental, screen applicants and collect rent in Rentari.
Start freeKey numbers
- Two-bedroom, statewide
- $1,911
- fiscal 2027, population-weighted average
- Change from 2026
- +8.6%
- two-bedroom, same counties
- One-bedroom, statewide
- $1,528
- fiscal 2027
- Highest metro, two-bedroom
- $2,507
- Newport-Middleton-Portsmouth, RI
Rent by metro area
HUD's fiscal 2027 figures for each metro area in Rhode Island, largest first by population, with the change in the two-bedroom figure from fiscal 2026.
| Area | 1 bed | 2 bed | 3 bed | 2 bed change |
|---|---|---|---|---|
| Providence-Fall River, RI-MA | $1,509 | $1,879 | $2,302 | +8.7% |
| Newport-Middleton-Portsmouth, RI | $1,916 | $2,507 | $3,327 | +8.3% |
| Westerly-Hopkinton-New Shoreham, RI | $1,400 | $1,832 | $2,325 | +6.4% |
Statewide rent by home size
| Home size | Fiscal 2026 | Fiscal 2027 |
|---|---|---|
| Studio | $1,342 | $1,448 |
| One bedroom | $1,420 | $1,528 |
| Two bedrooms | $1,760 | $1,911 |
| Three bedrooms | $2,145 | $2,358 |
| Four bedrooms | $2,536 | $2,693 |
What these numbers mean
How this report is built
The metro rows show HUD's published figures. Statewide and rural averages weight each county or town by its population in HUD's fiscal 2027 file, and the change compares the same counties with the same weights in both years. Sources: HUD Fair Market Rents, FY26_FMRs_revised.xlsx, FY27_FMRs.xlsx.
More for Rhode Island landlords
Rhode Island Landlord-Tenant Law
Learn more about Rhode Island landlord-tenant lawEvery Rhode Island rental rule in one guide: deposits, notices, repairs, entry and eviction, each cited to its statute.
Rhode Island Rental Application
Learn more about the Rhode Island rental applicationSend a Rhode Island rental application online and follow the state's rules on application fees, screening and fair housing.
Rhode Island Lease Agreement
Learn more about the Rhode Island lease agreementSee what the Rentari Rhode Island lease includes, with each rule cited.
More Rhode Island guides