Metro FMR area · RI · HUD FY 2027
Newport-Middleton-Portsmouth, RI Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Newport-Middleton-Portsmouth, RI area is $2,507 a month, 31% above the Rhode Island average and 42% above the U.S. average of $1,761. ZIP-level Small Area FMRs for its 6 ZIP codes range from $2,090 to $2,590.
- $2,5072-bedroom FMR+$193 (+8.3%) vs FY 2026
- $1,9161-bedroom FMRU.S.: $1,478
- $100,280Income for a 2-bedroomat 30% of income
- 59,350Residents1 county (towns)
| Unit | Newport-Middleton-Portsmouth, RI FY 2027 | FY 2026 | Change | Rhode Island avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,904 | $1,752 | +$152 (+8.7%) | $1,448 | $1,379 | $76,160 |
| 1 bedroom | $1,916 | $1,764 | +$152 (+8.6%) | $1,528 | $1,478 | $76,640 |
| 2 bedrooms | $2,507 | $2,314 | +$193 (+8.3%) | $1,911 | $1,761 | $100,280 |
| 3 bedrooms | $3,327 | $3,131 | +$196 (+6.3%) | $2,358 | $2,266 | $133,080 |
| 4 bedrooms | $3,981 | $3,595 | +$386 (+10.7%) | $2,693 | $2,607 | $159,240 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Newport County, RI | 59,350 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $2,480.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 02840 | $1,880 | $1,900 | $2,480 | $3,290 | $3,940 | +$100 (+4.2%) | 1% below |
| 02841 | $1,880 | $1,900 | $2,480 | $3,290 | $3,940 | +$100 (+4.2%) | 1% below |
| 02842 | $1,970 | $1,980 | $2,590 | $3,440 | $4,110 | +$300 (+13.1%) | 3% above |
| 02871 | $1,850 | $1,860 | $2,430 | $3,230 | $3,860 | +$60 (+2.5%) | 3% below |
| 02872 | $1,860 | $1,870 | $2,450 | $3,250 | $3,890 | +$200 (+8.9%) | 2% below |
| 02878 | $1,580 | $1,590 | $2,090 | $2,820 | $3,240 | +$110 (+5.6%) | 17% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.