FY2027 Small Area FMR · Warwick, RI

ZIP 02889 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02889 (Warwick, RI) is $1,990 a month, up 8.2% from FY2026. That is 6% above the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$1,990per month ▲ 8.2%

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

Rank in the area38thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,791

2 BR Small Area FMR$1,990

110% of SAFMR$2,189

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

Studio$1,510▲ 7.9%

1 BR$1,600▲ 7.4%

2 BR$1,990▲ 8.2%

3 BR$2,440▲ 9.9%

4 BR$2,770▲ 4.9%

FY2027 FY2026

Where 02889 sits in the Providence-Fall River, RI-MA area

Of the 102 ZIP codes HUD lists for the area, 02889 has the 38th 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 $1,990 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	$1,510	$1,359 – $1,661	$1,423	$1,400
1 bedroom	$1,600	$1,440 – $1,760	$1,509	$1,490
2 bedrooms	$1,990	$1,791 – $2,189	$1,879	$1,840
3 bedrooms	$2,440	$2,196 – $2,684	$2,302	$2,220
4 bedrooms	$2,770	$2,493 – $3,047	$2,615	$2,640

A household renting a two-bedroom home at the Small Area FMR of $1,990 needs about $79,600 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 02889 lies mainly in Kent 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
02888	Warwick	3.6 mi	$1,760
02806	Barrington	3.9 mi	$2,560
02886	Warwick	4.0 mi	$2,150
02915	Riverside	5.1 mi	$2,190
02809	Bristol	5.6 mi	$2,030
02905	Providence	5.9 mi	$1,810

Questions

What is the Fair Market Rent for ZIP code 02889?

HUD's FY2027 Small Area Fair Market Rents for 02889 are $1,510 (studio), $1,600 (1 BR), $1,990 (2 BR), $2,440 (3 BR) and $2,770 (4 BR) a month.

What is the Section 8 payment standard in 02889?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02889 that range is $1,791 to $2,189 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02889?

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.