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NJ/Camden County/Glendora

Glendora, NJ

CitySAFMR
Camden County
Found 1 ZIP

City Median Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$1,270$1,280
1 BR$1,390$1,410
2 BR$1,650$1,820
3 BR$1,980$2,180
4 BR$2,210$2,430
5 BR$2,542Not available
6 BR$2,923Not available
7 BR$3,361Not available
8 BR$3,865Not available

Purchase Price Calculator

Maximum purchase price
$208,535

Cost breakdown

+Likely effective rent$1,820
HUD FMR$1,650
Market rent$1,920
Est. payment standard (110%)Used$1,820
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.98
1 BR
0.98
2 BR
0.86
3 BR
0.78
4 BR
0.74
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Glendora, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Glendora, NJ is $1,650 a month. That is down 9.8% from $1,830 in FY 2026. Glendora 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 Glendora is 26% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Glendora, NJ
BedroomsFY 2027Change90–110% range
Studio$1,270−9.9%$1,143–$1,397
1BR$1,390−9.7%$1,251–$1,529
2BR$1,650−9.8%$1,485–$1,815
3BR$1,980−10.0%$1,782–$2,178
4BR$2,210−9.8%$1,989–$2,431

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Glendora, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,390$1,650$1,980$2,210
FY 2026$1,410$1,540$1,830$2,200$2,450
FY 2025$1,260$1,380$1,650$1,990$2,260
FY 2024$1,320$1,470$1,760$2,130$2,450
FY 2023$1,070$1,210$1,460$1,780$2,070

Questions about Glendora, NJ rents

How much will Section 8 pay for a two-bedroom in Glendora, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,650, that basic range is $1,485 to $1,815 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 Glendora, NJ in?

Glendora, 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 Glendora, NJ for FY 2027?

The two-bedroom FMR fell 9.8%, from $1,830 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 13.0%.

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