FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 07704
0.98ratio
FMR$2,770
Market$2,820
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 07704
0.80ratio
FMR$3,420
Market$4,280
vs market-$860
FMR is below market; voucher rent may lag private rents.
0.80
3 BR
3 BR- 07704
0.91ratio
FMR$4,390
Market$4,850
vs market-$460
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 07704
0.80ratio
FMR$4,860
Market$6,110
vs market-$1,250
FMR is below market; voucher rent may lag private rents.
0.80
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
--
Fair Haven, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fair Haven, NJ is $3,420 a month. That is up 27.1% from $2,690 in FY 2026. Fair Haven is in the Monmouth-Ocean, 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 Fair Haven is 53% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fair Haven, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,940
$2,500
+28.9%
$2,250–$2,750
1BR
$2,190
$2,770
+26.5%
$2,493–$3,047
2BR
$2,690
$3,420
+27.1%
$3,078–$3,762
3BR
$3,520
$4,390
+24.7%
$3,951–$4,829
4BR
$3,890
$4,860
+24.9%
$4,374–$5,346
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fair Haven, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,500
$2,770
$3,420
$4,390
$4,860
FY 2026
$1,940
$2,190
$2,690
$3,520
$3,890
FY 2025
$1,720
$1,930
$2,380
$3,170
$3,530
FY 2024
$1,700
$1,910
$2,360
$3,210
$3,580
FY 2023
$1,480
$1,670
$2,110
$2,900
$3,220
Questions about Fair Haven, NJ rents
How much will Section 8 pay for a two-bedroom in Fair Haven, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,420, that basic range is $3,078 to $3,762 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 Fair Haven, NJ in?
Fair Haven, NJ is in the Monmouth-Ocean, 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 Fair Haven, NJ for FY 2027?
The two-bedroom FMR rose 27.1%, from $2,690 in FY 2026 to $3,420 in FY 2027. Since FY 2023 it has risen 62.1%.
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