FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 07423
0.96ratio
FMR$2,790
Market$2,910
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 07423
0.79ratio
FMR$3,200
Market$4,050
vs market-$850
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 07423
0.82ratio
FMR$3,890
Market$4,770
vs market-$880
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR- 07423
0.98ratio
FMR$4,900
Market$4,990
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Ho Ho Kus, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ho Ho Kus, NJ is $3,200 a month. That is down 6.2% from $3,410 in FY 2026. Ho Ho Kus 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 Ho Ho Kus is 43% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ho Ho Kus, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,610
$2,490
−4.6%
$2,241–$2,739
1BR
$2,970
$2,790
−6.1%
$2,511–$3,069
2BR
$3,410
$3,200
−6.2%
$2,880–$3,520
3BR
$4,160
$3,890
−6.5%
$3,501–$4,279
4BR
$5,310
$4,900
−7.7%
$4,410–$5,390
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ho Ho Kus, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,490
$2,790
$3,200
$3,890
$4,900
FY 2026
$2,610
$2,970
$3,410
$4,160
$5,310
FY 2025
$2,340
$2,710
$3,110
$3,830
$4,840
FY 2024
$2,100
$2,470
$2,840
$3,520
$4,420
FY 2023
$1,980
$2,370
$2,750
$3,410
$4,290
Questions about Ho Ho Kus, NJ rents
How much will Section 8 pay for a two-bedroom in Ho Ho Kus, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,200, that basic range is $2,880 to $3,520 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 Ho Ho Kus, NJ in?
Ho Ho Kus, 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 Ho Ho Kus, NJ for FY 2027?
The two-bedroom FMR fell 6.2%, from $3,410 in FY 2026 to $3,200 in FY 2027. Since FY 2023 it has risen 16.4%.
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