See all rent data for Providence, RI →
Fair Market Rent in 02801 — Providence, RI
The HUD Fair Market Rent for a 1-bedroom in 02801 (Providence, RI) is $1,890/month for FY2026. Limited market trend data is available for this area. Studio: $1,780. 2-bedroom: $2,330.
Fair Market Rent · 1-Bedroom
$1,890/mo
Source: HUD Fair Market Rent
This area has limited data coverage. For more detailed rent data, see the city-level analysis for Providence.
Data through
The HUD Fair Market Rent for a 1-bedroom in 02801 (Providence, RI) is $1,890 for FY2026.
Rents in 02801 have increased 6.8% year-over-year based on HUD Fair Market Rent.
The confidence level for this estimate is limited based on 1 data source.
Based on HUD Fair Market Rent, a fair rent increase in Providence (02801) is approximately 6.8% for 2026. The typical 1-bedroom rent is $1,890/month. Any increase significantly above 6.8% exceeds the local market trend and may be worth negotiating.
Sources: HUD Fair Market Rent, HUD SAFMR FY2026, Rentcast. Updated October 2025.
What Should Rent Cost in 02801 (Providence)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 02801 (Providence) typically rents for $1,780 – $2,047.
Rents above $2,354 are in the top 25% for this area.
A 1-bedroom in 02801 (Providence) typically rents for $1,890 – $2,174.
Rents above $2,500 are in the top 25% for this area.
A 2-bedroom in 02801 (Providence) typically rents for $2,330 – $2,680.
Rents above $3,082 are in the top 25% for this area.
A 3-bedroom in 02801 (Providence) typically rents for $2,810 – $3,231.
Rents above $3,716 are in the top 25% for this area.
A 4-bedroom in 02801 (Providence) typically rents for $3,340 – $3,841.
Rents above $4,417 are in the top 25% for this area.
Current Asking Rents in 02801
What are apartments actually renting for near 02801? Click below to see live asking rents from current listings.
Live market data · Updated daily
Rent Increase Laws in Rhode Island →
▶Full market data
Federal Rent Benchmarks for 02801
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Providence-Fall River, RI-MA HUD Metro FMR Area area, not zip-specific rates.
| Bedroom Size | Fair Market Rent |
|---|---|
| Studio | $1,780 |
| 1-Bedroom | $1,890 |
| 2-Bedroom | $2,330 |
| 3-Bedroom | $2,810 |
| 4-Bedroom | $3,340 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 02801
What is the average 1-bedroom rent in 02801?
The HUD Fair Market Rent for a 1-bedroom in 02801 (Providence, RI) is $1,890/month for FY2026. This page also shows benchmark rents for studios and 2-bedroom apartments in the same area.
What is a fair rent increase in 02801?
A rent increase up to about 6.8% is in line with the recent local market trend in 02801. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 02801?
Rents in 02801 have risen 6.8% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 02801?
On this page, studio rent in 02801 is $1,780/month and 2-bedroom rent is $2,330/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
Renting in Providence, RI? Your rent could be building your credit.
Report your monthly rent payments to all 3 credit bureaus — the same ones your next landlord will check. Takes 2 minutes to set up.
RenewalReply may earn a commission at no cost to you. Learn more
Renters insurance from $5/mo
Protect your belongings from theft, fire, and water damage. Takes 2 minutes and most landlords require it.
RenewalReply may earn a commission at no cost to you. Learn more
Renter Tools
Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 02801 ($1,890/mo) — useful for comparing what your rent gets you in other markets.
Other Zip Codes in Providence, RI
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →