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2025 FMR And Section 8 Rents For Westerly Hopkinton New Shoreham RI

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of westerly-hopkinton-new-shoreham, RI.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
58838$1332$1340$1610$2059$2732
58843$1332$1340$1610$2059$2732
58849$1332$1340$1610$2059$2732
58844$1332$1340$1610$2059$2732
58847$1332$1340$1610$2059$2732
58853$1420$1490$1800$2230$2850
58845$1350$1380$1660$2090$2740
58852$1360$1360$1640$2100$2780
58854$1540$1620$1950$2410$3070

Zip Code:

58838

Studio Rent:

$1332

1 Bedroom Rent:

$1340

2 Bedroom Rent:

$1610

3 Bedroom Rent:

$2059

4 Bedroom Rent:

$2732

Zip Code:

58843

Studio Rent:

$1332

1 Bedroom Rent:

$1340

2 Bedroom Rent:

$1610

3 Bedroom Rent:

$2059

4 Bedroom Rent:

$2732

Zip Code:

58849

Studio Rent:

$1332

1 Bedroom Rent:

$1340

2 Bedroom Rent:

$1610

3 Bedroom Rent:

$2059

4 Bedroom Rent:

$2732

Zip Code:

58844

Studio Rent:

$1332

1 Bedroom Rent:

$1340

2 Bedroom Rent:

$1610

3 Bedroom Rent:

$2059

4 Bedroom Rent:

$2732

Zip Code:

58847

Studio Rent:

$1332

1 Bedroom Rent:

$1340

2 Bedroom Rent:

$1610

3 Bedroom Rent:

$2059

4 Bedroom Rent:

$2732

Zip Code:

58853

Studio Rent:

$1420

1 Bedroom Rent:

$1490

2 Bedroom Rent:

$1800

3 Bedroom Rent:

$2230

4 Bedroom Rent:

$2850

Zip Code:

58845

Studio Rent:

$1350

1 Bedroom Rent:

$1380

2 Bedroom Rent:

$1660

3 Bedroom Rent:

$2090

4 Bedroom Rent:

$2740

Zip Code:

58852

Studio Rent:

$1360

1 Bedroom Rent:

$1360

2 Bedroom Rent:

$1640

3 Bedroom Rent:

$2100

4 Bedroom Rent:

$2780

Zip Code:

58854

Studio Rent:

$1540

1 Bedroom Rent:

$1620

2 Bedroom Rent:

$1950

3 Bedroom Rent:

$2410

4 Bedroom Rent:

$3070

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.