What is the Fair Market Rent for a 2-bedroom in Providence-Fall River, RI-MA HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Providence-Fall River, RI-MA HUD Metro FMR Area is $1,729 per month for fiscal year 2026. The studio FMR is $1,318, 1-bedroom is $1,402, 3-bedroom is $2,087, and 4-bedroom is $2,480.

What income do you need to afford the FMR in Providence-Fall River, RI-MA HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $69,160 per year ($5,763 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,729 in Providence-Fall River, RI-MA HUD Metro FMR Area.

FY2026 Fair Market Rents — Providence-Fall River, RI-MA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,318

1BR

$1,402

2BR

$1,729

3BR

$2,087

4BR

$2,480

Hours/week at min wage

89 hrs

to afford the 2BR FMR @ $15.00/hr (MA)

National rank

#124

of 661 U.S. metros (top 20% most expensive)

YoY change (2BR)

+7.1%

+$115 vs FY2025 · 5-yr +50.6%

Voucher payment standard

$1,556–$1,902

PHAs set HCV payment at 90–110% of the 2BR FMR

Providence-Fall River, RI-MA HUD Metro FMR Area

Metropolitan area · MA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,318	$15,816
1-Bedroom	$1,402	$16,824
2-Bedroom	$1,729	$20,748
3-Bedroom	$2,087	$25,044
4-Bedroom	$2,480	$29,760

Recent 2-Bedroom FMR Trend

FY2020 $1,075 → FY2026 $1,729

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,318	$1,402	$1,729	$2,087	$2,480
FY2025	$1,233	$1,319	$1,614	$1,945	$2,359
FY2024	$1,289	$1,398	$1,693	$2,047	$2,536
FY2023	$1,066	$1,171	$1,409	$1,715	$2,118
FY2022	$913	$1,026	$1,234	$1,525	$1,868
FY2021	$848	$955	$1,148	$1,428	$1,714
FY2020	$794	$898	$1,075	$1,340	$1,591

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $112,100

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$23,600	$26,950	$30,300	$33,650	$38,680	$44,360
50% AMI (Very Low)	$39,250	$44,850	$50,450	$56,050	$60,550	$65,050
80% AMI (Low)	$62,800	$71,800	$80,750	$89,700	$96,900	$104,100

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$20,748/yr

FMR as % of Area Median Income

18.5% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$69,160/yr

$5,763/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$980	$1,121	$1,261	$1,513	$1,625
60% AMI Maximum	$1,177	$1,345	$1,513	$1,816	$1,950

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,318	$1,402	$1,729	$1,821	$1,821
Low HOME Rent	$981	$1,121	$1,261	$1,401	$1,513

Compare Providence-Fall River, RI-MA HUD Metro FMR Area With Other MA Metros

vs. Amherst Town-Northampton, MA MSA vs. Barnstable Town, MA MSA vs. Berkshire County, MA (part) HUD Metro FMR Area vs. Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area vs. Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area

Counties in This FMR Area

Bristol County Kent County Newport County Providence County Washington County