FMR is below market; voucher rent may lag private rents.
0.44
1 BR
1 BR- 07626
1.11ratio
FMR$2,760
Market$2,480
vs market+$280
FMR is above market; underwrite to market rent.
1.11
2 BR
2 BR- 07626
0.73ratio
FMR$3,170
Market$4,330
vs market-$1,160
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 07626
0.82ratio
FMR$3,850
Market$4,700
vs market-$850
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR- 07626
0.72ratio
FMR$4,860
Market$6,740
vs market-$1,880
FMR is below market; voucher rent may lag private rents.
0.72
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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Cresskill, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cresskill, NJ is $3,170 a month. That is down 3.1% from $3,270 in FY 2026. Cresskill is in the Bergen-Passaic, NJ HUD Metro FMR Area, 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 Cresskill is 42% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cresskill, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,500
$2,460
−1.6%
$2,214–$2,706
1BR
$2,850
$2,760
−3.2%
$2,484–$3,036
2BR
$3,270
$3,170
−3.1%
$2,853–$3,487
3BR
$3,990
$3,850
−3.5%
$3,465–$4,235
4BR
$5,090
$4,860
−4.5%
$4,374–$5,346
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cresskill, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,460
$2,760
$3,170
$3,850
$4,860
FY 2026
$2,500
$2,850
$3,270
$3,990
$5,090
FY 2025
$2,340
$2,710
$3,110
$3,830
$4,840
FY 2024
$2,100
$2,470
$2,840
$3,520
$4,420
FY 2023
$1,980
$2,370
$2,750
$3,410
$4,290
Questions about Cresskill, NJ rents
How much will Section 8 pay for a two-bedroom in Cresskill, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,170, that basic range is $2,853 to $3,487 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 Cresskill, NJ in?
Cresskill, NJ is in the Bergen-Passaic, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Cresskill, NJ for FY 2027?
The two-bedroom FMR fell 3.1%, from $3,270 in FY 2026 to $3,170 in FY 2027. Since FY 2023 it has risen 15.3%.
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