FMR is below market; voucher rent may lag private rents.
0.60
1 BR
1 BR- 07630
0.77ratio
FMR$2,170
Market$2,830
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 07630
0.64ratio
FMR$2,500
Market$3,880
vs market-$1,380
FMR is below market; voucher rent may lag private rents.
0.64
3 BR
3 BR- 07630
0.69ratio
FMR$3,050
Market$4,440
vs market-$1,390
FMR is below market; voucher rent may lag private rents.
0.69
4 BR
4 BR- 07630
0.81ratio
FMR$3,880
Market$4,810
vs market-$930
FMR is below market; voucher rent may lag private rents.
0.81
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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Emerson, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Emerson, NJ is $2,500 a month. That is down 9.7% from $2,770 in FY 2026. Emerson 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 Emerson is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Emerson, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,120
$1,930
−9.0%
$1,737–$2,123
1BR
$2,410
$2,170
−10.0%
$1,953–$2,387
2BR
$2,770
$2,500
−9.7%
$2,250–$2,750
3BR
$3,380
$3,050
−9.8%
$2,745–$3,355
4BR
$4,310
$3,880
−10.0%
$3,492–$4,268
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Emerson, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,930
$2,170
$2,500
$3,050
$3,880
FY 2026
$2,120
$2,410
$2,770
$3,380
$4,310
FY 2025
$1,950
$2,270
$2,600
$3,200
$4,050
FY 2024
$1,810
$2,120
$2,440
$3,020
$3,800
FY 2023
$1,720
$2,060
$2,390
$2,970
$3,730
Questions about Emerson, NJ rents
How much will Section 8 pay for a two-bedroom in Emerson, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,500, that basic range is $2,250 to $2,750 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 Emerson, NJ in?
Emerson, 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 Emerson, NJ for FY 2027?
The two-bedroom FMR fell 9.7%, from $2,770 in FY 2026 to $2,500 in FY 2027. Since FY 2023 it has risen 4.6%.
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