FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 08107
0.87ratio
FMR$1,390
Market$1,600
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 08107
0.89ratio
FMR$1,660
Market$1,870
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 08107
0.80ratio
FMR$1,980
Market$2,490
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 08107
0.88ratio
FMR$2,180
Market$2,490
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.88
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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Oaklyn, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Oaklyn, NJ is $1,660 a month. That is up 2.5% from $1,620 in FY 2026. Oaklyn 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 Oaklyn is 26% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Oaklyn, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,280
+2.4%
$1,152–$1,408
1BR
$1,360
$1,390
+2.2%
$1,251–$1,529
2BR
$1,620
$1,660
+2.5%
$1,494–$1,826
3BR
$1,940
$1,980
+2.1%
$1,782–$2,178
4BR
$2,170
$2,180
+0.5%
$1,962–$2,398
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Oaklyn, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,280
$1,390
$1,660
$1,980
$2,180
FY 2026
$1,250
$1,360
$1,620
$1,940
$2,170
FY 2025
$1,260
$1,380
$1,650
$1,990
$2,260
FY 2024
$1,200
$1,340
$1,600
$1,930
$2,230
FY 2023
$990
$1,110
$1,340
$1,630
$1,900
Questions about Oaklyn, NJ rents
How much will Section 8 pay for a two-bedroom in Oaklyn, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,660, that basic range is $1,494 to $1,826 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 Oaklyn, NJ in?
Oaklyn, 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 Oaklyn, NJ for FY 2027?
The two-bedroom FMR rose 2.5%, from $1,620 in FY 2026 to $1,660 in FY 2027. Since FY 2023 it has risen 23.9%.
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