FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 08808
0.91ratio
FMR$1,624
Market$1,780
vs market-$156
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR- 08808
0.99ratio
FMR$2,021
Market$2,050
vs market-$29
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 08808
1.03ratio
FMR$2,478
Market$2,410
vs market+$68
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR- 08808
0.94ratio
FMR$2,937
Market$3,130
vs market-$193
FMR is near market; voucher and private rents are aligned.
0.94
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
--
Broadway, NJ fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Broadway, NJ is $2,021 a month. That is up 6.6% from $1,895 in FY 2026. Broadway is in the Warren County, NJ HUD Metro FMR Area. The median county two-bedroom FMR in New Jersey is $2,233, so Broadway is 9% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Broadway, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,517
$1,614
+6.4%
$1,453–$1,775
1BR
$1,527
$1,624
+6.4%
$1,462–$1,786
2BR
$1,895
$2,021
+6.6%
$1,819–$2,223
3BR
$2,404
$2,478
+3.1%
$2,230–$2,726
4BR
$2,800
$2,937
+4.9%
$2,643–$3,231
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Broadway, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,614
$1,624
$2,021
$2,478
$2,937
FY 2026
$1,517
$1,527
$1,895
$2,404
$2,800
FY 2025SAFMR
$1,390
$1,400
$1,690
$2,160
$2,530
FY 2024SAFMR
$1,170
$1,280
$1,540
$1,950
$2,280
FY 2023SAFMR
$1,140
$1,270
$1,530
$1,890
$2,180
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Broadway, NJ rents
How much will Section 8 pay for a two-bedroom in Broadway, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,021, that basic range is $1,819 to $2,223 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 Broadway, NJ in?
Broadway, NJ is in the Warren County, NJ HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in Broadway, NJ for FY 2027?
The two-bedroom FMR rose 6.6%, from $1,895 in FY 2026 to $2,021 in FY 2027.
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 Fair Market Rents. 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