FMR is below market; voucher rent may lag private rents.
0.68
1 BR
1 BR- 07718
0.70ratio
FMR$1,690
Market$2,400
vs market-$710
FMR is below market; voucher rent may lag private rents.
0.70
2 BR
2 BR- 07718
0.73ratio
FMR$2,090
Market$2,870
vs market-$780
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 07718
0.75ratio
FMR$2,710
Market$3,590
vs market-$880
FMR is below market; voucher rent may lag private rents.
0.75
4 BR
4 BR- 07718
0.72ratio
FMR$3,000
Market$4,190
vs market-$1,190
FMR is below market; voucher rent may lag private rents.
0.72
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Belford, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Belford, NJ is $2,090 a month. That is down 9.1% from $2,300 in FY 2026. Belford is in the Monmouth-Ocean, NJ HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in New Jersey is $2,233, so Belford is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Belford, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,660
$1,530
−7.8%
$1,377–$1,683
1BR
$1,870
$1,690
−9.6%
$1,521–$1,859
2BR
$2,300
$2,090
−9.1%
$1,881–$2,299
3BR
$3,010
$2,710
−10.0%
$2,439–$2,981
4BR
$3,330
$3,000
−9.9%
$2,700–$3,300
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Belford, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,530
$1,690
$2,090
$2,710
$3,000
FY 2026
$1,660
$1,870
$2,300
$3,010
$3,330
FY 2025
$1,500
$1,690
$2,080
$2,770
$3,080
FY 2024
$1,540
$1,720
$2,130
$2,900
$3,230
FY 2023
$1,320
$1,480
$1,850
$2,530
$2,820
Questions about Belford, NJ rents
How much will Section 8 pay for a two-bedroom in Belford, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,090, that basic range is $1,881 to $2,299 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Belford, NJ in?
Belford, NJ is in the Monmouth-Ocean, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Belford, NJ for FY 2027?
The two-bedroom FMR fell 9.1%, from $2,300 in FY 2026 to $2,090 in FY 2027. Since FY 2023 it has risen 13.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set