FMR is below market; voucher rent may lag private rents.
0.50
1 BR
1 BR- 07642
0.77ratio
FMR$2,000
Market$2,600
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 07642
0.57ratio
FMR$2,300
Market$4,030
vs market-$1,730
FMR is below market; voucher rent may lag private rents.
0.57
3 BR
3 BR- 07642
0.65ratio
FMR$2,790
Market$4,300
vs market-$1,510
FMR is below market; voucher rent may lag private rents.
0.65
4 BR
4 BR- 07642
0.71ratio
FMR$3,520
Market$4,990
vs market-$1,470
FMR is below market; voucher rent may lag private rents.
0.71
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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Hillsdale, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hillsdale, NJ is $2,300 a month. That is down 0.4% from $2,310 in FY 2026. Hillsdale is in the Bergen-Passaic, NJ HUD Metro FMR Area, 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 Hillsdale is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Hillsdale, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,770
$1,790
+1.1%
$1,611–$1,969
1BR
$2,010
$2,000
−0.5%
$1,800–$2,200
2BR
$2,310
$2,300
−0.4%
$2,070–$2,530
3BR
$2,820
$2,790
−1.1%
$2,511–$3,069
4BR
$3,600
$3,520
−2.2%
$3,168–$3,872
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Hillsdale, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,790
$2,000
$2,300
$2,790
$3,520
FY 2026
$1,770
$2,010
$2,310
$2,820
$3,600
FY 2025
$1,530
$1,780
$2,040
$2,510
$3,170
FY 2024
$1,350
$1,590
$1,830
$2,270
$2,850
FY 2023
$1,370
$1,640
$1,900
$2,360
$2,960
Questions about Hillsdale, NJ rents
How much will Section 8 pay for a two-bedroom in Hillsdale, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,300, that basic range is $2,070 to $2,530 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 Hillsdale, NJ in?
Hillsdale, NJ is in the Bergen-Passaic, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Hillsdale, NJ for FY 2027?
The two-bedroom FMR fell 0.4%, from $2,310 in FY 2026 to $2,300 in FY 2027. Since FY 2023 it has risen 21.1%.
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