Official HUD Fair Market Rents for all 3 Rhode Island metro FMR areas. Median 3-bedroom benchmark across the state's metros: $1,970/mo. FMRs are 40th-percentile gross rents — treat them as floor benchmarks, not asking rents.
| Metro | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Newport | $1,666 | $1,677 | $2,200 | $2,937 | $3,328 |
| Providence | $1,233 | $1,319 | $1,614 | $1,945 | $2,359 |
| Westerly | $1,284 | $1,292 | $1,576 | $1,970 | $2,459 |
Source: U.S. Department of Housing & Urban Development, FY2025 Fair Market Rents for Rhode Island metro FMR areas. Compiled by AgenticREI.ai. Free to cite with a link.
Every strategy calculator can start from these benchmarks — or paste any Rhode Island address into the analyzer and it pulls the property records and market rents itself, then gives you a straight BUY, NEGOTIATE, or PASS.
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