FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 07823
0.88ratio
FMR$1,380
Market$1,570
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR- 07823
0.88ratio
FMR$1,710
Market$1,950
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 07823
0.94ratio
FMR$2,170
Market$2,300
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR- 07823
0.95ratio
FMR$2,520
Market$2,650
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Belvidere, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Belvidere, NJ is $1,710 a month. That is up 12.5% from $1,520 in FY 2026. Belvidere is in the Warren County, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,021. The median county two-bedroom FMR in New Jersey is $2,233, so Belvidere is 23% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Belvidere, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,370
+9.6%
$1,233–$1,507
1BR
$1,260
$1,380
+9.5%
$1,242–$1,518
2BR
$1,520
$1,710
+12.5%
$1,539–$1,881
3BR
$1,950
$2,170
+11.3%
$1,953–$2,387
4BR
$2,280
$2,520
+10.5%
$2,268–$2,772
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Belvidere, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,370
$1,380
$1,710
$2,170
$2,520
FY 2026
$1,250
$1,260
$1,520
$1,950
$2,280
FY 2025
$1,060
$1,150
$1,390
$1,760
$2,060
FY 2024
$1,040
$1,150
$1,380
$1,710
$1,980
FY 2023
$950
$1,050
$1,270
$1,570
$1,820
Questions about Belvidere, NJ rents
How much will Section 8 pay for a two-bedroom in Belvidere, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,021, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,819 to $2,223 a month; under the ZIP-level Small Area FMR of $1,710 it would be $1,539 to $1,881. 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 Belvidere, NJ in?
Belvidere, NJ is in the Warren County, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,021.
How much did fair market rent change in Belvidere, NJ for FY 2027?
The two-bedroom FMR rose 12.5%, from $1,520 in FY 2026 to $1,710 in FY 2027. Since FY 2023 it has risen 34.6%.
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