HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Newport County, Rhode Island (FY 2027)
A two-bedroom in Newport County carries a FY 2027 Fair Market Rent of $2,319 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Newport keys off that figure.
Two-bedroom FMR
$2,319
+8.4% from FY 2026
Payment standard
$2,087–$2,551
90% to 110% of the FMR, two-bedroom
Income to afford
$92,760
a year, with rent at 30% of income
Rank in Rhode Island
1st of 5
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,760 | $1,584–$1,936 | $70,400 | $33.85/hr | +8.5% |
| 1 bedroom | $1,794 | $1,615–$1,973 | $71,760 | $34.50/hr | +8.3% |
| 2 bedroom | $2,319 | $2,087–$2,551 | $92,760 | $44.60/hr | +8.4% |
| 3 bedroom | $3,021 | $2,719–$3,323 | $120,840 | $58.10/hr | +7.2% |
| 4 bedroom | $3,573 | $3,216–$3,930 | $142,920 | $68.71/hr | +9.5% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $4,109 | $3,698–$4,520 |
| 6 bedroom Estimate | $4,645 | $4,181–$5,110 |
| 7 bedroom Estimate | $5,181 | $4,663–$5,699 |
| 8 bedroom Estimate | $5,717 | $5,145–$6,289 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Rates by town
Rhode Island publishes Fair Market Rents town by town instead of by county. The 6 towns in Newport County don't all get the same number. Two-bedroom rates run from $1,879 to $2,507 depending on the town, so the headline figure above is a population-weighted average and the town table is the one to use.
| Town | Population | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|---|
| Newport cityHighest | 24,874 | $1,904 | $1,916 | $2,507 | $3,327 | $3,981 |
| Portsmouth town | 17,644 | $1,904 | $1,916 | $2,507 | $3,327 | $3,981 |
| Middletown town | 16,832 | $1,904 | $1,916 | $2,507 | $3,327 | $3,981 |
| Tiverton townLowest | 16,189 | $1,423 | $1,509 | $1,879 | $2,302 | $2,615 |
| Jamestown town | 5,534 | $1,423 | $1,509 | $1,879 | $2,302 | $2,615 |
| Little Compton town | 3,584 | $1,423 | $1,509 | $1,879 | $2,302 | $2,615 |
Market check
HUD's number is one input. What does a two-bedroom in Newport actually rent for?
Search any address in Newport for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Newport somewhere between $2,087 and $2,551. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$2,319 a month is affordable, by HUD's 30% rule, on an income of roughly $92,760 a year. Put another way, $45 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$2,087 | Voucher pays at 100%$2,319 | Voucher pays at 110%$2,551 |
|---|---|---|---|---|
| $2,500 | $750 | $1,337 | $1,569 | $1,801 |
| $4,000 | $1,200 | $887 | $1,119 | $1,351 |
Rate history
The two-bedroom rate went up 8% from FY 2026 ($2,139) to FY 2027 ($2,319). Since FY 2020 it's up 76% in total, about 8.4% a year. The Rhode Island median moved up 9% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $923 | $1,033 | $1,316 | $1,832 | $2,222 | — |
| FY 2021 | $973 | $1,097 | $1,396 | $1,914 | $2,336 | +6.1% |
| FY 2022 | $1,073 | $1,231 | $1,564 | $2,115 | $2,604 | +12.0% |
| FY 2023 | $1,367 | $1,420 | $1,807 | $2,370 | $2,926 | +15.5% |
| FY 2024 | $1,588 | $1,629 | $2,098 | $2,715 | $3,277 | +16.1% |
| FY 2025 | $1,537 | $1,570 | $2,025 | $2,641 | $3,039 | -3.5% |
| FY 2026 | $1,622 | $1,656 | $2,139 | $2,819 | $3,262 | +5.6% |
| FY 2027In effect | $1,760 | $1,794 | $2,319 | $3,021 | $3,573 | +8.4% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Newport, that runs from $1,760 for a studio up to $3,573 for four bedrooms, all five rates in the table above.
Newport is its own HUD metro area (Newport-Middleton-Portsmouth, RI), so the rate here is set from rents inside the county rather than a wider region.
Among Rhode Island's 5 counties, Newport ranks 1st for two-bedroom FMR. That's about 23% above the state median of $1,879 and about 118% above the national median county at $1,063. About 84,657 people live here, 4th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $2,090 in 02878 (Tiverton) and $2,820 in 02837 (Little Compton), with the 8 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
Nearby counties
Two-bedroom FMR, with how each compares to Newport.
Questions people ask
$2,319 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,760 for a studio, $1,794 for one bedroom, $3,021 for three and $3,573 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Newport actually go for?
HUD's number is one input. Search any address in Newport for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.