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NJ/Essex County/Maplewood

Maplewood, NJ

CitySAFMR
Essex County
Found 1 ZIP

City Median Investment Score

40Below average

095130300
BRFMR
Eff. Rent
0 BR$2,100$2,280
1 BR$2,380$2,620
2 BR$2,870$2,990
3 BR$3,580$3,360
4 BR$4,100$4,500
5 BR$4,715Not available
6 BR$5,422Not available
7 BR$6,236Not available
8 BR$7,171Not available

Purchase Price Calculator

Maximum purchase price
$382,396

Cost breakdown

+Likely effective rent$2,990
HUD FMR$2,870
Market rent$3,050
Est. payment standard (104%)Used$2,990
-Principal and interest-$1,934
Loan amount$305,917
Down payment$76,479
Rate6.50%
Term30 years
-Operating costs-$856
Property taxes-$382
Insurance-$175
Utilities$0
HOA$0
Management-$299
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$47,563(62.2% ROI)
Projected value
$411,799
Return breakdown
Property appreciation+$29,403
Loan principal paid down+$10,960
Rental cash flow+$7,200
5-year hold
+$81,795(107.0% ROI)
Projected value
$432,646
Return breakdown
Property appreciation+$50,250
Loan principal paid down+$19,545
Rental cash flow+$12,000
10-year hold
+$177,676(232.3% ROI)
Projected value
$489,500
Return breakdown
Property appreciation+$107,103
Loan principal paid down+$46,572
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.89
1 BR
0.86
2 BR
0.94
3 BR
1.07
4 BR
0.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Maplewood, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Maplewood, NJ is $2,870 a month. That is up 0.3% from $2,860 in FY 2026. Maplewood is in the Newark, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,233. The median county two-bedroom FMR in New Jersey is $2,233, so Maplewood is 29% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Maplewood, NJ
BedroomsFY 2027Change90–110% range
Studio$2,100+0.5%$1,890–$2,310
1BR$2,380+0.8%$2,142–$2,618
2BR$2,870+0.3%$2,583–$3,157
3BR$3,5800.0%$3,222–$3,938
4BR$4,100+0.7%$3,690–$4,510

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Maplewood, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,100$2,380$2,870$3,580$4,100
FY 2026$2,090$2,360$2,860$3,580$4,070
FY 2025$2,050$2,340$2,830$3,560$4,050
FY 2024$1,870$2,160$2,600$3,290$3,800
FY 2023$1,520$1,810$2,170$2,750$3,230

Questions about Maplewood, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,010 to $2,456 a month; under the ZIP-level Small Area FMR of $2,870 it would be $2,583 to $3,157. 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 Maplewood, NJ in?

Maplewood, NJ is in the Newark, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,233.

How much did fair market rent change in Maplewood, NJ for FY 2027?

The two-bedroom FMR rose 0.3%, from $2,860 in FY 2026 to $2,870 in FY 2027. Since FY 2023 it has risen 32.3%.

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