FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 07843
1.09ratio
FMR$1,950
Market$1,790
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.09
2 BR
2 BR- 07843
0.91ratio
FMR$2,350
Market$2,580
vs market-$230
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR- 07843
0.87ratio
FMR$2,930
Market$3,360
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.87
4 BR
4 BR- 07843
0.90ratio
FMR$3,350
Market$3,710
vs market-$360
FMR is near market; voucher and private rents are aligned.
0.90
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
--
Hopatcong, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hopatcong, NJ is $2,350 a month. That is up 3.1% from $2,280 in FY 2026. Hopatcong is in the Newark, NJ HUD Metro FMR Area. 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 $2,233. The median county two-bedroom FMR in New Jersey is $2,233, so Hopatcong is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Hopatcong, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,670
$1,720
+3.0%
$1,548–$1,892
1BR
$1,880
$1,950
+3.7%
$1,755–$2,145
2BR
$2,280
$2,350
+3.1%
$2,115–$2,585
3BR
$2,860
$2,930
+2.4%
$2,637–$3,223
4BR
$3,240
$3,350
+3.4%
$3,015–$3,685
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Hopatcong, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,720
$1,950
$2,350
$2,930
$3,350
FY 2026
$1,670
$1,880
$2,280
$2,860
$3,240
FY 2025
$1,650
$1,880
$2,270
$2,860
$3,250
FY 2024
$1,490
$1,720
$2,070
$2,620
$3,020
FY 2023
$1,230
$1,460
$1,750
$2,220
$2,610
Questions about Hopatcong, NJ rents
How much will Section 8 pay for a two-bedroom in Hopatcong, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,010 to $2,456 a month; under the ZIP-level Small Area FMR of $2,350 it would be $2,115 to $2,585. 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 Hopatcong, NJ in?
Hopatcong, NJ is in the Newark, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,233.
How much did fair market rent change in Hopatcong, NJ for FY 2027?
The two-bedroom FMR rose 3.1%, from $2,280 in FY 2026 to $2,350 in FY 2027. Since FY 2023 it has risen 34.3%.
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