FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 08807
1.07ratio
FMR$2,350
Market$2,190
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR- 08807
1.02ratio
FMR$2,930
Market$2,870
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 08807
1.01ratio
FMR$3,490
Market$3,460
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 08807
0.85ratio
FMR$3,920
Market$4,600
vs market-$680
FMR is below market; voucher rent may lag private rents.
0.85
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
--
Bridgewater, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bridgewater, NJ is $2,930 a month. That is up 7.7% from $2,720 in FY 2026. Bridgewater is in the Middlesex-Somerset-Hunterdon, 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 $2,623. The median county two-bedroom FMR in New Jersey is $2,233, so Bridgewater is 31% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bridgewater, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,970
$2,180
+10.7%
$1,962–$2,398
1BR
$2,160
$2,350
+8.8%
$2,115–$2,585
2BR
$2,720
$2,930
+7.7%
$2,637–$3,223
3BR
$3,260
$3,490
+7.1%
$3,141–$3,839
4BR
$3,610
$3,920
+8.6%
$3,528–$4,312
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bridgewater, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,180
$2,350
$2,930
$3,490
$3,920
FY 2026
$1,970
$2,160
$2,720
$3,260
$3,610
FY 2025
$1,670
$1,880
$2,360
$2,840
$3,130
FY 2024
$1,770
$1,990
$2,510
$3,040
$3,340
FY 2023
$1,510
$1,710
$2,160
$2,630
$2,900
Questions about Bridgewater, NJ rents
How much will Section 8 pay for a two-bedroom in Bridgewater, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,930 it would be $2,637 to $3,223. 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 Bridgewater, NJ in?
Bridgewater, NJ is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.
How much did fair market rent change in Bridgewater, NJ for FY 2027?
The two-bedroom FMR rose 7.7%, from $2,720 in FY 2026 to $2,930 in FY 2027. Since FY 2023 it has risen 35.6%.
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