FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 07632
1.19ratio
FMR$2,630
Market$2,210
vs market+$420
FMR is above market; underwrite to market rent.
1.19
2 BR
2 BR- 07632
0.70ratio
FMR$3,020
Market$4,290
vs market-$1,270
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 07632
0.71ratio
FMR$3,670
Market$5,190
vs market-$1,520
FMR is below market; voucher rent may lag private rents.
0.71
4 BR
4 BR- 07632
0.73ratio
FMR$4,630
Market$6,300
vs market-$1,670
FMR is below market; voucher rent may lag private rents.
0.73
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
--
Englewood Cliffs, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Englewood Cliffs, NJ is $3,020 a month. That is down 1.0% from $3,050 in FY 2026. Englewood Cliffs 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 Englewood Cliffs is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Englewood Cliffs, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,330
$2,350
+0.9%
$2,115–$2,585
1BR
$2,650
$2,630
−0.8%
$2,367–$2,893
2BR
$3,050
$3,020
−1.0%
$2,718–$3,322
3BR
$3,720
$3,670
−1.3%
$3,303–$4,037
4BR
$4,750
$4,630
−2.5%
$4,167–$5,093
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Englewood Cliffs, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,350
$2,630
$3,020
$3,670
$4,630
FY 2026
$2,330
$2,650
$3,050
$3,720
$4,750
FY 2025
$2,010
$2,330
$2,680
$3,290
$4,170
FY 2024
$1,820
$2,140
$2,480
$3,070
$3,870
FY 2023
$1,980
$2,370
$2,750
$3,410
$4,290
Questions about Englewood Cliffs, NJ rents
How much will Section 8 pay for a two-bedroom in Englewood Cliffs, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,020, that basic range is $2,718 to $3,322 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 Englewood Cliffs, NJ in?
Englewood Cliffs, 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 Englewood Cliffs, NJ for FY 2027?
The two-bedroom FMR fell 1.0%, from $3,050 in FY 2026 to $3,020 in FY 2027. Since FY 2023 it has risen 9.8%.
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