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Mickleton, NJ

CitySAFMR
Gloucester County
Found 1 ZIP

City Median Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$1,450$1,550
1 BR$1,570$1,730
2 BR$1,880$1,980
3 BR$2,240$2,370
4 BR$2,470$2,720
5 BR$2,841Not available
6 BR$3,267Not available
7 BR$3,757Not available
8 BR$4,320Not available

Purchase Price Calculator

Maximum purchase price
$232,311

Cost breakdown

+Likely effective rent$1,980
HUD FMR$1,880
Market rent$2,040
Est. payment standard (106%)Used$1,980
-Principal and interest-$1,175
Loan amount$185,849
Down payment$46,462
Rate6.50%
Term30 years
-Operating costs-$605
Property taxes-$232
Insurance-$175
Utilities$0
HOA$0
Management-$198
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,721(68.3% ROI)
Projected value
$250,173
Return breakdown
Property appreciation+$17,863
Loan principal paid down+$6,659
Rental cash flow+$7,200
5-year hold
+$54,401(117.1% ROI)
Projected value
$262,838
Return breakdown
Property appreciation+$30,528
Loan principal paid down+$11,874
Rental cash flow+$12,000
10-year hold
+$117,360(252.6% ROI)
Projected value
$297,377
Return breakdown
Property appreciation+$65,067
Loan principal paid down+$28,293
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.86
2 BR
0.92
3 BR
0.92
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Mickleton, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mickleton, NJ is $1,880 a month. That is down 2.1% from $1,920 in FY 2026. Mickleton 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 Mickleton is 16% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Mickleton, NJ
BedroomsFY 2027Change90–110% range
Studio$1,450−2.0%$1,305–$1,595
1BR$1,570−2.5%$1,413–$1,727
2BR$1,880−2.1%$1,692–$2,068
3BR$2,240−2.6%$2,016–$2,464
4BR$2,470−3.9%$2,223–$2,717

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Mickleton, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,450$1,570$1,880$2,240$2,470
FY 2026$1,480$1,610$1,920$2,300$2,570
FY 2025$1,490$1,640$1,960$2,360$2,680
FY 2024$1,560$1,740$2,080$2,510$2,900
FY 2023$1,290$1,460$1,760$2,140$2,490

Questions about Mickleton, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,880, that basic range is $1,692 to $2,068 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 Mickleton, NJ in?

Mickleton, 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 Mickleton, NJ for FY 2027?

The two-bedroom FMR fell 2.1%, from $1,920 in FY 2026 to $1,880 in FY 2027. Since FY 2023 it has risen 6.8%.

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