FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 08030
1.00ratio
FMR$2,590
Market$2,600
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Gloucester City, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gloucester City, NJ is $1,970 a month. That is up 1.0% from $1,950 in FY 2026. Gloucester City 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 Gloucester City is 12% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gloucester City, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,500
$1,520
+1.3%
$1,368–$1,672
1BR
$1,640
$1,650
+0.6%
$1,485–$1,815
2BR
$1,950
$1,970
+1.0%
$1,773–$2,167
3BR
$2,340
$2,350
+0.4%
$2,115–$2,585
4BR
$2,610
$2,590
−0.8%
$2,331–$2,849
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gloucester City, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,520
$1,650
$1,970
$2,350
$2,590
FY 2026
$1,500
$1,640
$1,950
$2,340
$2,610
FY 2025
$1,450
$1,600
$1,910
$2,300
$2,620
FY 2024
$1,370
$1,520
$1,820
$2,200
$2,540
FY 2023
$1,130
$1,280
$1,540
$1,870
$2,180
Questions about Gloucester City, NJ rents
How much will Section 8 pay for a two-bedroom in Gloucester City, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,970, that basic range is $1,773 to $2,167 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 Gloucester City, NJ in?
Gloucester City, 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 Gloucester City, NJ for FY 2027?
The two-bedroom FMR rose 1.0%, from $1,950 in FY 2026 to $1,970 in FY 2027. Since FY 2023 it has risen 27.9%.
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