FY2026 Fair Market Rents — Newport-Middleton-Portsmouth, RI HUD Metro FMR Area

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

Studio
$1,752
1BR
$1,764
2BR
$2,314
3BR
$3,131
4BR
$3,595
Hours/week at min wage
119 hrs
to afford the 2BR FMR @ $15.00/hr (RI)
YoY change (2BR)
+5.2%
+$114 vs FY2025 · 5-yr +54.1%
Voucher payment standard
$2,083–$2,545
PHAs set HCV payment at 90–110% of the 2BR FMR

Newport-Middleton-Portsmouth, RI HUD Metro FMR Area

Non-Metropolitan area · RI · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,752 $21,024
1-Bedroom $1,764 $21,168
2-Bedroom $2,314 $27,768
3-Bedroom $3,131 $37,572
4-Bedroom $3,595 $43,140

Recent 2-Bedroom FMR Trend

FY2020 $1,419 → FY2026 $2,314
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,752 $1,764 $2,314 $3,131 $3,595
FY2025 $1,666 $1,677 $2,200 $2,937 $3,328
FY2024 $1,716 $1,728 $2,270 $2,999 $3,593
FY2023 $1,495 $1,526 $1,976 $2,649 $3,271
FY2022 $1,142 $1,319 $1,705 $2,367 $2,918
FY2021 $1,027 $1,157 $1,502 $2,122 $2,601
FY2020 $978 $1,091 $1,419 $2,042 $2,491

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $137,700

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $28,950 $33,050 $37,200 $41,300 $44,650 $47,950
50% AMI (Very Low) $48,200 $55,100 $62,000 $68,850 $74,400 $79,900
80% AMI (Low) $75,550 $86,350 $97,150 $107,900 $116,550 $125,200

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$27,768/yr
FMR as % of Area Median Income
20.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$92,560/yr
$7,713/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 $1,204 $1,377 $1,549 $1,858 $1,996
60% AMI Maximum $1,445 $1,652 $1,858 $2,230 $2,395

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 $1,752 $1,764 $2,237 $2,237 $2,237
Low HOME Rent $1,205 $1,377 $1,550 $1,721 $1,860

Compare Newport-Middleton-Portsmouth, RI HUD Metro FMR Area With Other RI Metros

vs. Newport-Middleton-Portsmouth, RI HUD Metro FMR Area vs. Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area

Counties in This FMR Area

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