City Median Investment Score
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| BR | FMR | Eff. Rent | 3Y CAGR |
|---|---|---|---|
| 0 BR | $2,160▲ | $1,550 – $1,780 | 3.6% |
| 1 BR | $2,340▲ | $1,550 – $1,700 | 2.7% |
| 2 BR | $2,790▲ | $2,230 – $2,270 | 2.6% |
| 3 BR | $3,320▲ | $2,370 – $2,430 | 2.0% |
| 4 BR | $3,670▲ | $2,870 – $2,890 | 0.6% |
| 5 BR | $4,221▲ | —Not available | 0.6% |
| 6 BR | $4,854▲ | —Not available | 0.6% |
| 7 BR | $5,582▲ | —Not available | 0.6% |
| 8 BR | $6,419▲ | —Not available | 0.6% |
Public Housing Authority
Rolodex
Market Alignment
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
- 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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Joint Base Mdl, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Joint Base Mdl, NJ is $2,790 a month. That is up 2.6% from $2,720 in FY 2026. Joint Base Mdl 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 Joint Base Mdl is 25% above it.
FY 2027 rent by bedroom
| Bedrooms | FY 2026 | FY 2027 | Change | 90–110% range |
|---|---|---|---|---|
| Studio | $2,100 | $2,160 | +2.9% | $1,944–$2,376 |
| 1BR | $2,280 | $2,340 | +2.6% | $2,106–$2,574 |
| 2BR | $2,720 | $2,790 | +2.6% | $2,511–$3,069 |
| 3BR | $3,260 | $3,320 | +1.8% | $2,988–$3,652 |
| 4BR | $3,640 | $3,670 | +0.8% | $3,303–$4,037 |
Fair market rent history, FY 2023–2027
| Fiscal year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY 2027 | $2,160 | $2,340 | $2,790 | $3,320 | $3,670 |
| FY 2026 | $2,100 | $2,280 | $2,720 | $3,260 | $3,640 |
| FY 2025 | $2,025 | $2,235 | $2,660 | $3,205 | $3,645 |
| FY 2024 | $1,940 | $2,160 | $2,585 | $3,130 | $3,605 |
| FY 2023 | $1,625 | $1,825 | $2,205 | $2,685 | $3,120 |
Questions about Joint Base Mdl, NJ rents
How much will Section 8 pay for a two-bedroom in Joint Base Mdl, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,790, that basic range is $2,511 to $3,069 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 Joint Base Mdl, NJ in?
Joint Base Mdl, 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 Joint Base Mdl, NJ for FY 2027?
The two-bedroom FMR rose 2.6%, from $2,720 in FY 2026 to $2,790 in FY 2027. Since FY 2023 it has risen 26.5%.
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