FY2027 Small Area FMR · Carolina, RI

ZIP 02812 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02812 (Carolina, RI) is $1,980 a month, unchanged from FY2026. That is 5% above the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$1,980per month ■ 0.0%

Area-wide 2 BR FMR$1,879Providence-Fall River, RI-MA

Rank in the area40thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,782

2 BR Small Area FMR$1,980

110% of SAFMR$2,178

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,500▼ 1.3%

1 BR$1,590▼ 0.6%

2 BR$1,980■ 0.0%

3 BR$2,430▲ 0.8%

4 BR$2,760▼ 1.8%

FY2027 FY2026

Where 02812 sits in the Providence-Fall River, RI-MA area

Of the 102 ZIP codes HUD lists for the area, 02812 has the 40th highest two-bedroom Small Area FMR. Providence-Fall River, RI-MA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,879 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,980 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,500	$1,350 – $1,650	$1,423	$1,520
1 bedroom	$1,590	$1,431 – $1,749	$1,509	$1,600
2 bedrooms	$1,980	$1,782 – $2,178	$1,879	$1,980
3 bedrooms	$2,430	$2,187 – $2,673	$2,302	$2,410
4 bedrooms	$2,760	$2,484 – $3,036	$2,615	$2,810

A household renting a two-bedroom home at the Small Area FMR of $1,980 needs about $79,200 a year to keep housing costs at 30% of income. The area median family income is $112,100 and the 80% low-income limit for four people is $89,700. ZIP code 02812 lies mainly in Washington County. See the Providence-Fall River, RI-MA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
02875	Shannock	1.9 mi	$1,980
02836	Kenyon	2.4 mi	$2,000
02898	Wyoming	2.8 mi	$1,770
02892	West Kingston	3.3 mi	$2,050
02894	Wood River Junction	3.4 mi	$1,890
02832	Hope Valley	4.7 mi	$1,760

Questions

What is the Fair Market Rent for ZIP code 02812?

HUD's FY2027 Small Area Fair Market Rents for 02812 are $1,500 (studio), $1,590 (1 BR), $1,980 (2 BR), $2,430 (3 BR) and $2,760 (4 BR) a month.

What is the Section 8 payment standard in 02812?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02812 that range is $1,782 to $2,178 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02812?

The FY2026 income limits of the Providence-Fall River, RI-MA area apply: median family income $112,100, low-income (80%) limit $89,700 for a family of four.