FY2027 Small Area FMR · Jamestown, RI

ZIP 02835 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02835 (Jamestown, RI) is $2,750 a month, up 8.7% from FY2026. That is 46% above the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$2,750per month ▲ 8.7%

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

Rank in the area5thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,475

2 BR Small Area FMR$2,750

110% of SAFMR$3,025

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

Studio$2,080▲ 7.8%

1 BR$2,210▲ 7.8%

2 BR$2,750▲ 8.7%

3 BR$3,370▲ 10.5%

4 BR$3,830▲ 5.5%

FY2027 FY2026

Where 02835 sits in the Providence-Fall River, RI-MA area

Of the 102 ZIP codes HUD lists for the area, 02835 has the 5th 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 $2,750 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	$2,080	$1,872 – $2,288	$1,423	$1,930
1 bedroom	$2,210	$1,989 – $2,431	$1,509	$2,050
2 bedrooms	$2,750	$2,475 – $3,025	$1,879	$2,530
3 bedrooms	$3,370	$3,033 – $3,707	$2,302	$3,050
4 bedrooms	$3,830	$3,447 – $4,213	$2,615	$3,630

A household renting a two-bedroom home at the Small Area FMR of $2,750 needs about $110,000 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 02835 lies mainly in Newport 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
02841	Newport	2.5 mi	$2,480
02840	Newport	3.8 mi	$2,480
02874	Saunderstown	5.0 mi	$1,970
02842	Middletown	5.2 mi	$2,590
02872	Prudence Island	6.7 mi	$2,450
02852	North Kingstown	6.9 mi	$1,920

Questions

What is the Fair Market Rent for ZIP code 02835?

HUD's FY2027 Small Area Fair Market Rents for 02835 are $2,080 (studio), $2,210 (1 BR), $2,750 (2 BR), $3,370 (3 BR) and $3,830 (4 BR) a month.

What is the Section 8 payment standard in 02835?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02835 that range is $2,475 to $3,025 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02835?

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.