FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 08840
1.07ratio
FMR$2,350
Market$2,190
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR- 08840
0.95ratio
FMR$2,930
Market$3,070
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 08840
1.04ratio
FMR$3,490
Market$3,360
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR- 08840
0.98ratio
FMR$3,920
Market$4,010
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.98
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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Metuchen, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Metuchen, NJ is $2,930 a month. That is up 3.2% from $2,840 in FY 2026. Metuchen 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 Metuchen is 31% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Metuchen, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,060
$2,180
+5.8%
$1,962–$2,398
1BR
$2,260
$2,350
+4.0%
$2,115–$2,585
2BR
$2,840
$2,930
+3.2%
$2,637–$3,223
3BR
$3,410
$3,490
+2.3%
$3,141–$3,839
4BR
$3,770
$3,920
+4.0%
$3,528–$4,312
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Metuchen, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,180
$2,350
$2,930
$3,490
$3,920
FY 2026
$2,060
$2,260
$2,840
$3,410
$3,770
FY 2025
$1,790
$2,010
$2,530
$3,050
$3,350
FY 2024
$1,840
$2,060
$2,600
$3,150
$3,460
FY 2023
$1,520
$1,720
$2,180
$2,650
$2,930
Questions about Metuchen, NJ rents
How much will Section 8 pay for a two-bedroom in Metuchen, 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 $2,930 it would be $2,637 to $3,223. 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 Metuchen, NJ in?
Metuchen, 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 Metuchen, NJ for FY 2027?
The two-bedroom FMR rose 3.2%, from $2,840 in FY 2026 to $2,930 in FY 2027. Since FY 2023 it has risen 34.4%.
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