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Lumberton, NJ

CitySAFMR
Burlington County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,660$1,520
1 BR$1,800$1,870
2 BR$2,150$2,250
3 BR$2,560$2,570
4 BR$2,830$3,110
5 BR$3,254Not available
6 BR$3,743Not available
7 BR$4,304Not available
8 BR$4,950Not available

Purchase Price Calculator

Maximum purchase price
$272,433

Cost breakdown

+Likely effective rent$2,250
HUD FMR$2,150
Market rent$2,310
Est. payment standard (105%)Used$2,250
-Principal and interest-$1,378
Loan amount$217,946
Down payment$54,487
Rate6.50%
Term30 years
-Operating costs-$672
Property taxes-$272
Insurance-$175
Utilities$0
HOA$0
Management-$225
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,956(66.0% ROI)
Projected value
$293,380
Return breakdown
Property appreciation+$20,948
Loan principal paid down+$7,808
Rental cash flow+$7,200
5-year hold
+$61,725(113.3% ROI)
Projected value
$308,232
Return breakdown
Property appreciation+$35,800
Loan principal paid down+$13,925
Rental cash flow+$12,000
10-year hold
+$133,484(245.0% ROI)
Projected value
$348,737
Return breakdown
Property appreciation+$76,304
Loan principal paid down+$33,180
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.09
1 BR
0.95
2 BR
0.93
3 BR
0.99
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
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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Lumberton, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lumberton, NJ is $2,150 a month. That is down 0.5% from $2,160 in FY 2026. Lumberton 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 Lumberton is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lumberton, NJ
BedroomsFY 2027Change90–110% range
Studio$1,660−0.6%$1,494–$1,826
1BR$1,800−0.6%$1,620–$1,980
2BR$2,150−0.5%$1,935–$2,365
3BR$2,560−1.2%$2,304–$2,816
4BR$2,830−2.1%$2,547–$3,113

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lumberton, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,660$1,800$2,150$2,560$2,830
FY 2026$1,670$1,810$2,160$2,590$2,890
FY 2025$1,630$1,800$2,140$2,580$2,930
FY 2024$1,540$1,710$2,050$2,480$2,860
FY 2023$1,240$1,400$1,690$2,060$2,390

Questions about Lumberton, NJ rents

How much will Section 8 pay for a two-bedroom in Lumberton, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,150, that basic range is $1,935 to $2,365 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 Lumberton, NJ in?

Lumberton, 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 Lumberton, NJ for FY 2027?

The two-bedroom FMR fell 0.5%, from $2,160 in FY 2026 to $2,150 in FY 2027. Since FY 2023 it has risen 27.2%.

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