ZIP 02715 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 02715 in the Providence-Fall River, RI-MA FMR area.

Providence-Fall River, RI-MA

$1,290Efficiency
$1,4301 bedroom
$1,8802 bedrooms
$2,3103 bedrooms
$2,4804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,290$1,161$1,419$1,423
1 bedroom$1,430$1,287$1,573$1,509
2 bedrooms$1,880$1,692$2,068$1,879
3 bedrooms$2,310$2,079$2,541$2,302
4 bedrooms$2,480$2,232$2,728$2,615

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Taunton-Mansfield-Norton, MA

$1,290Efficiency
$1,4301 bedroom
$1,8802 bedrooms
$2,3103 bedrooms
$2,4804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,290$1,161$1,419$1,517
1 bedroom$1,430$1,287$1,573$1,666
2 bedrooms$1,880$1,692$2,068$2,179
3 bedrooms$2,310$2,079$2,541$2,596
4 bedrooms$2,480$2,232$2,728$2,864

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 02715

$105,874average adjusted gross income per tax return (2022)
$74,575average salaries and wages per return
2,000tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00022.0%
$25,000 to $50,00017.5%
$50,000 to $75,00013.0%
$75,000 to $100,00011.0%
$100,000 to $200,00026.5%
$200,000 or more10.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 02715?

HUD's FY2027 Small Area FMRs for ZIP 02715 (Providence-Fall River, RI-MA) are $1,290 efficiency, $1,430 one bedroom, $1,880 two bedrooms, $2,310 three and $2,480 four bedrooms.

What payment standard can a housing authority set in ZIP 02715?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,692 to $2,068.

How affordable is rent in ZIP 02715?

Tax returns filed from ZIP 02715 reported an average adjusted gross income of $105,874 (2022). A two-bedroom unit at the Small Area FMR costs $22,560 a year, or 21% of that income.