FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 07643
0.99ratio
FMR$1,980
Market$2,000
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 07643
0.70ratio
FMR$2,270
Market$3,240
vs market-$970
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 07643
0.77ratio
FMR$2,760
Market$3,570
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 07643
0.87ratio
FMR$3,480
Market$3,990
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.87
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
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Little Ferry, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Little Ferry, NJ is $2,270 a month. That is down 0.4% from $2,280 in FY 2026. Little Ferry 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 Ferry is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Little Ferry, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,740
$1,760
+1.1%
$1,584–$1,936
1BR
$1,990
$1,980
−0.5%
$1,782–$2,178
2BR
$2,280
$2,270
−0.4%
$2,043–$2,497
3BR
$2,780
$2,760
−0.7%
$2,484–$3,036
4BR
$3,550
$3,480
−2.0%
$3,132–$3,828
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Little Ferry, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,760
$1,980
$2,270
$2,760
$3,480
FY 2026
$1,740
$1,990
$2,280
$2,780
$3,550
FY 2025
$1,500
$1,740
$2,000
$2,460
$3,110
FY 2024
$1,320
$1,550
$1,780
$2,200
$2,770
FY 2023
$1,250
$1,490
$1,730
$2,150
$2,700
Questions about Little Ferry, NJ rents
How much will Section 8 pay for a two-bedroom in Little Ferry, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,270, that basic range is $2,043 to $2,497 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 Ferry, NJ in?
Little Ferry, 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 Ferry, NJ for FY 2027?
The two-bedroom FMR fell 0.4%, from $2,280 in FY 2026 to $2,270 in FY 2027. Since FY 2023 it has risen 31.2%.
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