FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 07603
0.85ratio
FMR$2,090
Market$2,460
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR- 07603
0.78ratio
FMR$2,400
Market$3,080
vs market-$680
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 07603
0.81ratio
FMR$2,910
Market$3,610
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 07603
0.95ratio
FMR$3,680
Market$3,880
vs market-$200
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
--
Bogota, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bogota, NJ is $2,400 a month. That is up 0.8% from $2,380 in FY 2026. Bogota is in the Bergen-Passaic, 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 Bogota is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bogota, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,820
$1,860
+2.2%
$1,674–$2,046
1BR
$2,070
$2,090
+1.0%
$1,881–$2,299
2BR
$2,380
$2,400
+0.8%
$2,160–$2,640
3BR
$2,900
$2,910
+0.3%
$2,619–$3,201
4BR
$3,710
$3,680
−0.8%
$3,312–$4,048
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bogota, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,860
$2,090
$2,400
$2,910
$3,680
FY 2026
$1,820
$2,070
$2,380
$2,900
$3,710
FY 2025
$1,550
$1,810
$2,070
$2,550
$3,220
FY 2024
$1,370
$1,610
$1,850
$2,290
$2,880
FY 2023
$1,300
$1,550
$1,800
$2,240
$2,810
Questions about Bogota, NJ rents
How much will Section 8 pay for a two-bedroom in Bogota, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,400, that basic range is $2,160 to $2,640 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 Bogota, NJ in?
Bogota, NJ is in the Bergen-Passaic, 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 Bogota, NJ for FY 2027?
The two-bedroom FMR rose 0.8%, from $2,380 in FY 2026 to $2,400 in FY 2027. Since FY 2023 it has risen 33.3%.
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