FY2027 Small Area FMR · Fiskeville, RI

ZIP 02823 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02823 (Fiskeville, RI) is $2,320 a month, up 5.9% from FY2026. That is 23% above the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$2,320per month ▲ 5.9%

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

Rank in the area18thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,088

2 BR Small Area FMR$2,320

110% of SAFMR$2,552

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

Studio$1,760▲ 5.4%

1 BR$1,860▲ 5.1%

2 BR$2,320▲ 5.9%

3 BR$2,840▲ 7.6%

4 BR$3,230▲ 2.9%

FY2027 FY2026

Where 02823 sits in the Providence-Fall River, RI-MA area

Of the 102 ZIP codes HUD lists for the area, 02823 has the 18th 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 $2,320 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	$1,760	$1,584 – $1,936	$1,423	$1,670
1 bedroom	$1,860	$1,674 – $2,046	$1,509	$1,770
2 bedrooms	$2,320	$2,088 – $2,552	$1,879	$2,190
3 bedrooms	$2,840	$2,556 – $3,124	$2,302	$2,640
4 bedrooms	$3,230	$2,907 – $3,553	$2,615	$3,140

A household renting a two-bedroom home at the Small Area FMR of $2,320 needs about $92,800 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 02823 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
02921	Cranston	2.6 mi	$2,150
02893	West Warwick	3.8 mi	$1,810
02831	Hope	4.1 mi	$2,470
02816	Coventry	4.6 mi	$1,820
02920	Cranston	4.9 mi	$1,990
02886	Warwick	5.1 mi	$2,150

Questions

What is the Fair Market Rent for ZIP code 02823?

HUD's FY2027 Small Area Fair Market Rents for 02823 are $1,760 (studio), $1,860 (1 BR), $2,320 (2 BR), $2,840 (3 BR) and $3,230 (4 BR) a month.

What is the Section 8 payment standard in 02823?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02823 that range is $2,088 to $2,552 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02823?

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.