Income Limits by County

FY2027 Small Area FMR · Slatersville, RI

ZIP 02876 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02876 (Slatersville, RI) is $2,720 a month, up 5.0% from FY2026. That is 45% above the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$2,720per month ▲ 5.0%
Area-wide 2 BR FMR$1,879Providence-Fall River, RI-MA
Rank in the area6thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,448
2 BR Small Area FMR$2,720
110% of SAFMR$2,992

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

FY2027 FY2026

Where 02876 sits in the Providence-Fall River, RI-MA area

$1,560$2,820median $1,935

Of the 102 ZIP codes HUD lists for the area, 02876 has the 6th 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 $2,720 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,060$1,854 – $2,266$1,423$1,970
1 bedroom$2,180$1,962 – $2,398$1,509$2,100
2 bedrooms$2,720$2,448 – $2,992$1,879$2,590
3 bedrooms$3,330$2,997 – $3,663$2,302$3,130
4 bedrooms$3,790$3,411 – $4,169$2,615$3,720

A household renting a two-bedroom home at the Small Area FMR of $2,720 needs about $108,800 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 02876 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

ZIPPlaceDistance2 BR SAFMR
02824Forestdale1.1 mi$1,750
02896North Smithfield2.6 mi$1,740
01529Millville2.7 mi$2,040
02826Glendale3.7 mi$1,560
01504Blackstone4.0 mi$2,650
02830Harrisville4.0 mi$1,560

Questions

What is the Fair Market Rent for ZIP code 02876?

HUD's FY2027 Small Area Fair Market Rents for 02876 are $2,060 (studio), $2,180 (1 BR), $2,720 (2 BR), $3,330 (3 BR) and $3,790 (4 BR) a month.

What is the Section 8 payment standard in 02876?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02876 that range is $2,448 to $2,992 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02876?

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.