FMR is below market; voucher rent may lag private rents.
0.79
1 BR
1 BR- 08836
1.04ratio
FMR$2,340
Market$2,240
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR- 08836
1.07ratio
FMR$2,910
Market$2,710
vs market+$200
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR- 08836
0.98ratio
FMR$3,470
Market$3,550
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 08836
0.86ratio
FMR$3,900
Market$4,510
vs market-$610
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
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Martinsville, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Martinsville, NJ is $2,910 a month. That is up 5.8% from $2,750 in FY 2026. Martinsville is in the Middlesex-Somerset-Hunterdon, 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 $2,623. The median county two-bedroom FMR in New Jersey is $2,233, so Martinsville is 30% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Martinsville, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,000
$2,170
+8.5%
$1,953–$2,387
1BR
$2,190
$2,340
+6.8%
$2,106–$2,574
2BR
$2,750
$2,910
+5.8%
$2,619–$3,201
3BR
$3,300
$3,470
+5.2%
$3,123–$3,817
4BR
$3,650
$3,900
+6.8%
$3,510–$4,290
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Martinsville, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,170
$2,340
$2,910
$3,470
$3,900
FY 2026
$2,000
$2,190
$2,750
$3,300
$3,650
FY 2025
$1,720
$1,940
$2,440
$2,930
$3,230
FY 2024
$1,820
$2,040
$2,580
$3,120
$3,430
FY 2023
$1,280
$1,450
$1,830
$2,230
$2,460
Questions about Martinsville, NJ rents
How much will Section 8 pay for a two-bedroom in Martinsville, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,910 it would be $2,619 to $3,201. 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 Martinsville, NJ in?
Martinsville, NJ is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.
How much did fair market rent change in Martinsville, NJ for FY 2027?
The two-bedroom FMR rose 5.8%, from $2,750 in FY 2026 to $2,910 in FY 2027. Since FY 2023 it has risen 59.0%.
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