FMR is below market; voucher rent may lag private rents.
0.73
1 BR
1 BR- 07857
0.83ratio
FMR$1,640
Market$1,980
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 07857
0.81ratio
FMR$1,990
Market$2,470
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 07857
0.80ratio
FMR$2,490
Market$3,130
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 07857
0.78ratio
FMR$2,830
Market$3,650
vs market-$820
FMR is below market; voucher rent may lag private rents.
0.78
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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Netcong, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Netcong, NJ is $1,990 a month. That is up 3.1% from $1,930 in FY 2026. Netcong 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 Netcong is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Netcong, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,460
+4.3%
$1,314–$1,606
1BR
$1,600
$1,640
+2.5%
$1,476–$1,804
2BR
$1,930
$1,990
+3.1%
$1,791–$2,189
3BR
$2,430
$2,490
+2.5%
$2,241–$2,739
4BR
$2,760
$2,830
+2.5%
$2,547–$3,113
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Netcong, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,460
$1,640
$1,990
$2,490
$2,830
FY 2026
$1,400
$1,600
$1,930
$2,430
$2,760
FY 2025
$1,350
$1,540
$1,860
$2,340
$2,660
FY 2024
$1,200
$1,390
$1,670
$2,110
$2,440
FY 2023
$1,000
$1,190
$1,430
$1,810
$2,130
Questions about Netcong, NJ rents
How much will Section 8 pay for a two-bedroom in Netcong, 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 $1,990 it would be $1,791 to $2,189. 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 Netcong, NJ in?
Netcong, 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 Netcong, NJ for FY 2027?
The two-bedroom FMR rose 3.1%, from $1,930 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 39.2%.
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