FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 07424
0.84ratio
FMR$2,000
Market$2,390
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 07424
0.77ratio
FMR$2,300
Market$2,970
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 07424
0.81ratio
FMR$2,790
Market$3,450
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 07424
0.92ratio
FMR$3,520
Market$3,820
vs market-$300
FMR is near market; voucher and private rents are aligned.
0.92
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
--
Little Falls, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Little Falls, NJ is $2,300 a month. That is down 0.4% from $2,310 in FY 2026. Little Falls 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 Little Falls is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Little Falls, 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 Little Falls, 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
$1,380
$1,620
$1,860
$2,300
$2,900
FY 2023
$1,330
$1,590
$1,840
$2,280
$2,870
Questions about Little Falls, NJ rents
How much will Section 8 pay for a two-bedroom in Little Falls, 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 Little Falls, NJ in?
Little Falls, 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 Little Falls, 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 25.0%.
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