FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 07607
1.11ratio
FMR$2,190
Market$1,970
vs market+$220
FMR is above market; underwrite to market rent.
1.11
2 BR
2 BR- 07607
0.70ratio
FMR$2,520
Market$3,620
vs market-$1,100
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 07607
0.79ratio
FMR$3,060
Market$3,850
vs market-$790
FMR is below market; voucher rent may lag private rents.
0.79
4 BR
4 BR- 07607
0.95ratio
FMR$3,860
Market$4,060
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Maywood, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Maywood, NJ is $2,520 a month. That is down 6.0% from $2,680 in FY 2026. Maywood 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 Maywood is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Maywood, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,050
$1,960
−4.4%
$1,764–$2,156
1BR
$2,330
$2,190
−6.0%
$1,971–$2,409
2BR
$2,680
$2,520
−6.0%
$2,268–$2,772
3BR
$3,270
$3,060
−6.4%
$2,754–$3,366
4BR
$4,170
$3,860
−7.4%
$3,474–$4,246
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Maywood, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,960
$2,190
$2,520
$3,060
$3,860
FY 2026
$2,050
$2,330
$2,680
$3,270
$4,170
FY 2025
$1,810
$2,100
$2,410
$2,970
$3,750
FY 2024
$1,650
$1,940
$2,230
$2,760
$3,470
FY 2023
$1,520
$1,820
$2,110
$2,620
$3,290
Questions about Maywood, NJ rents
How much will Section 8 pay for a two-bedroom in Maywood, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,520, that basic range is $2,268 to $2,772 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 Maywood, NJ in?
Maywood, 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 Maywood, NJ for FY 2027?
The two-bedroom FMR fell 6.0%, from $2,680 in FY 2026 to $2,520 in FY 2027. Since FY 2023 it has risen 19.4%.
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