FMR is below market; voucher rent may lag private rents.
0.69
1 BR
1 BR- 07026
1.03ratio
FMR$1,860
Market$1,800
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 07026
0.85ratio
FMR$2,140
Market$2,510
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 07026
0.83ratio
FMR$2,600
Market$3,150
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 07026
0.98ratio
FMR$3,280
Market$3,350
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Garfield, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Garfield, NJ is $2,140 a month. That is up 0.5% from $2,130 in FY 2026. Garfield 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 Garfield is 4% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Garfield, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,630
$1,660
+1.8%
$1,494–$1,826
1BR
$1,860
$1,860
0.0%
$1,674–$2,046
2BR
$2,130
$2,140
+0.5%
$1,926–$2,354
3BR
$2,600
$2,600
0.0%
$2,340–$2,860
4BR
$3,320
$3,280
−1.2%
$2,952–$3,608
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Garfield, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,660
$1,860
$2,140
$2,600
$3,280
FY 2026
$1,630
$1,860
$2,130
$2,600
$3,320
FY 2025
$1,370
$1,600
$1,830
$2,250
$2,850
FY 2024
$1,300
$1,520
$1,750
$2,170
$2,720
FY 2023
$1,240
$1,480
$1,720
$2,140
$2,680
Questions about Garfield, NJ rents
How much will Section 8 pay for a two-bedroom in Garfield, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,140, that basic range is $1,926 to $2,354 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 Garfield, NJ in?
Garfield, 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 Garfield, NJ for FY 2027?
The two-bedroom FMR rose 0.5%, from $2,130 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has risen 24.4%.
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