FY2027 Small Area FMR · Clayville, RI

ZIP 02815 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02815 (Clayville, RI) is $2,100 a month, up 8.8% from FY2026. That is 12% above the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$2,100per month ▲ 8.8%

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

Rank in the area27thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,890

2 BR Small Area FMR$2,100

110% of SAFMR$2,310

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

Studio$1,590▲ 8.2%

1 BR$1,680▲ 7.0%

2 BR$2,100▲ 8.8%

3 BR$2,570▲ 10.3%

4 BR$2,920▲ 5.4%

FY2027 FY2026

Where 02815 sits in the Providence-Fall River, RI-MA area

Of the 102 ZIP codes HUD lists for the area, 02815 has the 27th 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 $2,100 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	$1,590	$1,431 – $1,749	$1,423	$1,470
1 bedroom	$1,680	$1,512 – $1,848	$1,509	$1,570
2 bedrooms	$2,100	$1,890 – $2,310	$1,879	$1,930
3 bedrooms	$2,570	$2,313 – $2,827	$2,302	$2,330
4 bedrooms	$2,920	$2,628 – $3,212	$2,615	$2,770

A household renting a two-bedroom home at the Small Area FMR of $2,100 needs about $84,000 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 02815 lies mainly in Providence 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
02831	Hope	2.1 mi	$2,470
02857	North Scituate	3.4 mi	$2,080
02825	Foster	4.1 mi	$2,120
02816	Coventry	5.6 mi	$1,820
02823	Fiskeville	6.0 mi	$2,320
02921	Cranston	6.9 mi	$2,150

Questions

What is the Fair Market Rent for ZIP code 02815?

HUD's FY2027 Small Area Fair Market Rents for 02815 are $1,590 (studio), $1,680 (1 BR), $2,100 (2 BR), $2,570 (3 BR) and $2,920 (4 BR) a month.

What is the Section 8 payment standard in 02815?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02815 that range is $1,890 to $2,310 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02815?

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.