FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 08323
0.98ratio
FMR$1,240
Market$1,260
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 08323
0.85ratio
FMR$1,510
Market$1,770
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 08323
1.09ratio
FMR$2,080
Market$1,900
vs market+$180
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 08323
1.09ratio
FMR$2,080
Market$1,900
vs market+$180
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Greenwich, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Greenwich, NJ is $1,510 a month. That is up 4.9% from $1,440 in FY 2026. Greenwich is in the Vineland, NJ MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,704. The median county two-bedroom FMR in New Jersey is $2,233, so Greenwich is 32% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Greenwich, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,090
$1,160
+6.4%
$1,044–$1,276
1BR
$1,150
$1,240
+7.8%
$1,116–$1,364
2BR
$1,440
$1,510
+4.9%
$1,359–$1,661
3BR
$1,950
$2,080
+6.7%
$1,872–$2,288
4BR
$1,970
$2,080
+5.6%
$1,872–$2,288
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Greenwich, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,240
$1,510
$2,080
$2,080
FY 2026
$1,090
$1,150
$1,440
$1,950
$1,970
FY 2025
$1,070
$1,130
$1,410
$1,920
$1,940
FY 2024
$1,120
$1,150
$1,460
$1,930
$2,040
FY 2023
$1,190
$1,240
$1,600
$2,110
$2,260
Questions about Greenwich, NJ rents
How much will Section 8 pay for a two-bedroom in Greenwich, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,704, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,534 to $1,874 a month; under the ZIP-level Small Area FMR of $1,510 it would be $1,359 to $1,661. 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 Greenwich, NJ in?
Greenwich, NJ is in the Vineland, NJ MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,704.
How much did fair market rent change in Greenwich, NJ for FY 2027?
The two-bedroom FMR rose 4.9%, from $1,440 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has fallen 5.6%.
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