FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 08016
0.89ratio
FMR$1,470
Market$1,650
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.89
2 BR
2 BR- 08016
0.86ratio
FMR$1,760
Market$2,040
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 08016
0.85ratio
FMR$2,100
Market$2,470
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 08016
0.77ratio
FMR$2,310
Market$3,000
vs market-$690
FMR is below market; voucher rent may lag private rents.
0.77
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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Burlington, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Burlington, NJ is $1,760 a month. That is up 2.9% from $1,710 in FY 2026. Burlington is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, 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 Burlington is 21% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Burlington, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,360
+3.0%
$1,224–$1,496
1BR
$1,440
$1,470
+2.1%
$1,323–$1,617
2BR
$1,710
$1,760
+2.9%
$1,584–$1,936
3BR
$2,050
$2,100
+2.4%
$1,890–$2,310
4BR
$2,290
$2,310
+0.9%
$2,079–$2,541
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Burlington, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,360
$1,470
$1,760
$2,100
$2,310
FY 2026
$1,320
$1,440
$1,710
$2,050
$2,290
FY 2025
$1,280
$1,410
$1,680
$2,020
$2,300
FY 2024
$1,230
$1,370
$1,640
$1,980
$2,290
FY 2023
$1,010
$1,140
$1,380
$1,680
$1,950
Questions about Burlington, NJ rents
How much will Section 8 pay for a two-bedroom in Burlington, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,760, that basic range is $1,584 to $1,936 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 Burlington, NJ in?
Burlington, NJ is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Burlington, NJ for FY 2027?
The two-bedroom FMR rose 2.9%, from $1,710 in FY 2026 to $1,760 in FY 2027. Since FY 2023 it has risen 27.5%.
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