FMR is near market; voucher and private rents are aligned.
1.02
1 BR
1 BR- 08027
0.96ratio
FMR$1,520
Market$1,580
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 08027
1.01ratio
FMR$1,820
Market$1,810
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 08027
0.99ratio
FMR$2,170
Market$2,190
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 08027
0.99ratio
FMR$2,390
Market$2,420
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.99
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
--
Gibbstown, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gibbstown, NJ is $1,820 a month. That is unchanged from FY 2026. Gibbstown 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 Gibbstown is 18% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gibbstown, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,410
+0.7%
$1,269–$1,551
1BR
$1,530
$1,520
−0.7%
$1,368–$1,672
2BR
$1,820
$1,820
0.0%
$1,638–$2,002
3BR
$2,180
$2,170
−0.5%
$1,953–$2,387
4BR
$2,440
$2,390
−2.0%
$2,151–$2,629
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gibbstown, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,410
$1,520
$1,820
$2,170
$2,390
FY 2026
$1,400
$1,530
$1,820
$2,180
$2,440
FY 2025
$1,380
$1,520
$1,810
$2,180
$2,480
FY 2024
$1,250
$1,400
$1,670
$2,020
$2,330
FY 2023
$1,020
$1,150
$1,390
$1,690
$1,970
Questions about Gibbstown, NJ rents
How much will Section 8 pay for a two-bedroom in Gibbstown, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,820, that basic range is $1,638 to $2,002 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 Gibbstown, NJ in?
Gibbstown, 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 Gibbstown, NJ for FY 2027?
The two-bedroom FMR was unchanged at $1,820 in FY 2027. Since FY 2023 it has risen 30.9%.
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