FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR- 08026
1.09ratio
FMR$1,790
Market$1,640
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.09
2 BR
2 BR- 08026
0.95ratio
FMR$2,130
Market$2,250
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 08026
0.90ratio
FMR$2,570
Market$2,860
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 08026
0.87ratio
FMR$2,920
Market$3,340
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.87
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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Gibbsboro, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gibbsboro, NJ is $2,130 a month. That is down 9.7% from $2,360 in FY 2026. Gibbsboro is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, 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 Gibbsboro is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gibbsboro, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,800
$1,620
−10.0%
$1,458–$1,782
1BR
$1,980
$1,790
−9.6%
$1,611–$1,969
2BR
$2,360
$2,130
−9.7%
$1,917–$2,343
3BR
$2,850
$2,570
−9.8%
$2,313–$2,827
4BR
$3,240
$2,920
−9.9%
$2,628–$3,212
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gibbsboro, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,620
$1,790
$2,130
$2,570
$2,920
FY 2026
$1,800
$1,980
$2,360
$2,850
$3,240
FY 2025
$1,990
$2,200
$2,620
$3,160
$3,590
FY 2024
$1,960
$2,180
$2,610
$3,160
$3,640
FY 2023
$1,630
$1,830
$2,210
$2,690
$3,130
Questions about Gibbsboro, NJ rents
How much will Section 8 pay for a two-bedroom in Gibbsboro, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,130, that basic range is $1,917 to $2,343 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 Gibbsboro, NJ in?
Gibbsboro, NJ is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Gibbsboro, NJ for FY 2027?
The two-bedroom FMR fell 9.7%, from $2,360 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has fallen 3.6%.
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