FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR- 07066
0.83ratio
FMR$1,960
Market$2,350
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 07066
0.81ratio
FMR$2,370
Market$2,920
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 07066
0.82ratio
FMR$2,960
Market$3,620
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR- 07066
0.86ratio
FMR$3,380
Market$3,950
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.86
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
--
Clark, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Clark, NJ is $2,370 a month. That is up 1.3% from $2,340 in FY 2026. Clark is in the Newark, 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 $2,233. The median county two-bedroom FMR in New Jersey is $2,233, so Clark is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Clark, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,710
$1,740
+1.8%
$1,566–$1,914
1BR
$1,930
$1,960
+1.6%
$1,764–$2,156
2BR
$2,340
$2,370
+1.3%
$2,133–$2,607
3BR
$2,930
$2,960
+1.0%
$2,664–$3,256
4BR
$3,330
$3,380
+1.5%
$3,042–$3,718
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Clark, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,740
$1,960
$2,370
$2,960
$3,380
FY 2026
$1,710
$1,930
$2,340
$2,930
$3,330
FY 2025
$1,640
$1,870
$2,260
$2,850
$3,240
FY 2024
$1,450
$1,670
$2,010
$2,540
$2,940
FY 2023
$1,220
$1,440
$1,730
$2,200
$2,580
Questions about Clark, NJ rents
How much will Section 8 pay for a two-bedroom in Clark, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,010 to $2,456 a month; under the ZIP-level Small Area FMR of $2,370 it would be $2,133 to $2,607. 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 Clark, NJ in?
Clark, NJ is in the Newark, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,233.
How much did fair market rent change in Clark, NJ for FY 2027?
The two-bedroom FMR rose 1.3%, from $2,340 in FY 2026 to $2,370 in FY 2027. Since FY 2023 it has risen 37.0%.
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