FY2027 Small Area FMR · North Smithfield, RI

ZIP 02896 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02896 (North Smithfield, RI) is $1,740 a month, up 10.1% from FY2026. That is 7% below the Providence-Fall River, RI-MA area-wide FMR of $1,879.

2-bedroom SAFMR$1,740per month ▲ 10.1%

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

Rank in the area87thof 102 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,566

2 BR Small Area FMR$1,740

110% of SAFMR$1,914

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

Studio$1,320▲ 10.0%

1 BR$1,400▲ 9.4%

2 BR$1,740▲ 10.1%

3 BR$2,130▲ 11.5%

4 BR$2,420▲ 6.6%

FY2027 FY2026

Where 02896 sits in the Providence-Fall River, RI-MA area

Of the 102 ZIP codes HUD lists for the area, 02896 has the 87th 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 $1,740 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	$1,320	$1,188 – $1,452	$1,423	$1,200
1 bedroom	$1,400	$1,260 – $1,540	$1,509	$1,280
2 bedrooms	$1,740	$1,566 – $1,914	$1,879	$1,580
3 bedrooms	$2,130	$1,917 – $2,343	$2,302	$1,910
4 bedrooms	$2,420	$2,178 – $2,662	$2,615	$2,270

A household renting a two-bedroom home at the Small Area FMR of $1,740 needs about $69,600 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 02896 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
02824	Forestdale	2.0 mi	$1,750
02876	Slatersville	2.6 mi	$2,720
02895	Woonsocket	2.9 mi	$1,720
02838	Manville	3.4 mi	$1,970
01504	Blackstone	4.5 mi	$2,650
01529	Millville	4.6 mi	$2,040

Questions

What is the Fair Market Rent for ZIP code 02896?

HUD's FY2027 Small Area Fair Market Rents for 02896 are $1,320 (studio), $1,400 (1 BR), $1,740 (2 BR), $2,130 (3 BR) and $2,420 (4 BR) a month.

What is the Section 8 payment standard in 02896?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02896 that range is $1,566 to $1,914 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02896?

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.