FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 07605
1.00ratio
FMR$2,330
Market$2,340
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 07605
0.74ratio
FMR$2,670
Market$3,600
vs market-$930
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR- 07605
0.72ratio
FMR$3,240
Market$4,510
vs market-$1,270
FMR is below market; voucher rent may lag private rents.
0.72
4 BR
4 BR- 07605
0.86ratio
FMR$4,090
Market$4,760
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.86
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
--
Leonia, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Leonia, NJ is $2,670 a month. That is up 0.4% from $2,660 in FY 2026. Leonia 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 Leonia is 20% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Leonia, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,040
$2,070
+1.5%
$1,863–$2,277
1BR
$2,320
$2,330
+0.4%
$2,097–$2,563
2BR
$2,660
$2,670
+0.4%
$2,403–$2,937
3BR
$3,240
$3,240
0.0%
$2,916–$3,564
4BR
$4,140
$4,090
−1.2%
$3,681–$4,499
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Leonia, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,070
$2,330
$2,670
$3,240
$4,090
FY 2026
$2,040
$2,320
$2,660
$3,240
$4,140
FY 2025
$1,680
$1,950
$2,240
$2,760
$3,490
FY 2024
$1,450
$1,700
$1,960
$2,430
$3,050
FY 2023
$1,330
$1,590
$1,850
$2,300
$2,890
Questions about Leonia, NJ rents
How much will Section 8 pay for a two-bedroom in Leonia, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,670, that basic range is $2,403 to $2,937 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 Leonia, NJ in?
Leonia, 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 Leonia, NJ for FY 2027?
The two-bedroom FMR rose 0.4%, from $2,660 in FY 2026 to $2,670 in FY 2027. Since FY 2023 it has risen 44.3%.
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