FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 08313
0.76ratio
FMR$1,420
Market$1,880
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 08313
0.83ratio
FMR$1,700
Market$2,050
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 08313
1.14ratio
FMR$2,350
Market$2,060
vs market+$290
FMR is above market; underwrite to market rent.
1.14
4 BR
4 BR- 08313
1.09ratio
FMR$2,470
Market$2,260
vs market+$210
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Deerfield Street, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Deerfield Street, NJ is $1,700 a month. That is up 1.8% from $1,670 in FY 2026. Deerfield Street is in the Vineland, NJ MSA. 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 $1,704. The median county two-bedroom FMR in New Jersey is $2,233, so Deerfield Street is 24% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Deerfield Street, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,280
$1,280
0.0%
$1,152–$1,408
1BR
$1,370
$1,420
+3.6%
$1,278–$1,562
2BR
$1,670
$1,700
+1.8%
$1,530–$1,870
3BR
$2,300
$2,350
+2.2%
$2,115–$2,585
4BR
$2,310
$2,470
+6.9%
$2,223–$2,717
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Deerfield Street, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,280
$1,420
$1,700
$2,350
$2,470
FY 2026
$1,280
$1,370
$1,670
$2,300
$2,310
FY 2025
$1,210
$1,270
$1,590
$2,160
$2,180
FY 2024
$1,190
$1,220
$1,550
$2,050
$2,120
FY 2023
$1,090
$1,140
$1,470
$1,940
$2,080
Questions about Deerfield Street, NJ rents
How much will Section 8 pay for a two-bedroom in Deerfield Street, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,704, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,534 to $1,874 a month; under the ZIP-level Small Area FMR of $1,700 it would be $1,530 to $1,870. 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 Deerfield Street, NJ in?
Deerfield Street, NJ is in the Vineland, NJ MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,704.
How much did fair market rent change in Deerfield Street, NJ for FY 2027?
The two-bedroom FMR rose 1.8%, from $1,670 in FY 2026 to $1,700 in FY 2027. Since FY 2023 it has risen 15.6%.
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