FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 08312
0.82ratio
FMR$1,340
Market$1,640
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 08312
0.81ratio
FMR$1,600
Market$1,970
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 08312
0.77ratio
FMR$1,910
Market$2,480
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 08312
0.71ratio
FMR$2,100
Market$2,960
vs market-$860
FMR is below market; voucher rent may lag private rents.
0.71
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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Clayton, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Clayton, NJ is $1,600 a month. That is down 1.2% from $1,620 in FY 2026. Clayton 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 Clayton is 28% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Clayton, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,240
−0.8%
$1,116–$1,364
1BR
$1,360
$1,340
−1.5%
$1,206–$1,474
2BR
$1,620
$1,600
−1.2%
$1,440–$1,760
3BR
$1,940
$1,910
−1.5%
$1,719–$2,101
4BR
$2,170
$2,100
−3.2%
$1,890–$2,310
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Clayton, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,240
$1,340
$1,600
$1,910
$2,100
FY 2026
$1,250
$1,360
$1,620
$1,940
$2,170
FY 2025
$1,210
$1,330
$1,590
$1,920
$2,180
FY 2024
$1,170
$1,300
$1,560
$1,890
$2,180
FY 2023
$1,000
$1,130
$1,360
$1,660
$1,920
Questions about Clayton, NJ rents
How much will Section 8 pay for a two-bedroom in Clayton, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,600, that basic range is $1,440 to $1,760 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 Clayton, NJ in?
Clayton, 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 Clayton, NJ for FY 2027?
The two-bedroom FMR fell 1.2%, from $1,620 in FY 2026 to $1,600 in FY 2027. Since FY 2023 it has risen 17.6%.
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