FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 07803
1.02ratio
FMR$2,040
Market$2,000
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 07803
1.01ratio
FMR$2,460
Market$2,440
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 07803
0.98ratio
FMR$3,070
Market$3,120
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 07803
0.90ratio
FMR$3,510
Market$3,920
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.90
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
--
Mine Hill, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mine Hill, NJ is $2,460 a month. That is down 5.0% from $2,590 in FY 2026. Mine Hill 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 Mine Hill is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mine Hill, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,890
$1,800
−4.8%
$1,620–$1,980
1BR
$2,140
$2,040
−4.7%
$1,836–$2,244
2BR
$2,590
$2,460
−5.0%
$2,214–$2,706
3BR
$3,240
$3,070
−5.2%
$2,763–$3,377
4BR
$3,680
$3,510
−4.6%
$3,159–$3,861
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mine Hill, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,800
$2,040
$2,460
$3,070
$3,510
FY 2026
$1,890
$2,140
$2,590
$3,240
$3,680
FY 2025
$1,910
$2,180
$2,640
$3,320
$3,780
FY 2024
$1,770
$2,040
$2,460
$3,110
$3,590
FY 2023
$1,340
$1,590
$1,910
$2,420
$2,850
Questions about Mine Hill, NJ rents
How much will Section 8 pay for a two-bedroom in Mine Hill, 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 $2,460 it would be $2,214 to $2,706. 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 Mine Hill, NJ in?
Mine Hill, 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 Mine Hill, NJ for FY 2027?
The two-bedroom FMR fell 5.0%, from $2,590 in FY 2026 to $2,460 in FY 2027. Since FY 2023 it has risen 28.8%.
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