FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR- 07649
0.83ratio
FMR$2,390
Market$2,880
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 07649
0.75ratio
FMR$2,750
Market$3,670
vs market-$920
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 07649
0.81ratio
FMR$3,340
Market$4,140
vs market-$800
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 07649
0.86ratio
FMR$4,210
Market$4,880
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.86
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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Oradell, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Oradell, NJ is $2,750 a month. That is up 1.1% from $2,720 in FY 2026. Oradell is in the Bergen-Passaic, NJ HUD Metro FMR Area, 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 Oradell is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Oradell, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,080
$2,140
+2.9%
$1,926–$2,354
1BR
$2,370
$2,390
+0.8%
$2,151–$2,629
2BR
$2,720
$2,750
+1.1%
$2,475–$3,025
3BR
$3,320
$3,340
+0.6%
$3,006–$3,674
4BR
$4,230
$4,210
−0.5%
$3,789–$4,631
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Oradell, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,140
$2,390
$2,750
$3,340
$4,210
FY 2026
$2,080
$2,370
$2,720
$3,320
$4,230
FY 2025
$1,790
$2,080
$2,380
$2,930
$3,700
FY 2024
$1,610
$1,900
$2,180
$2,700
$3,390
FY 2023
$1,510
$1,800
$2,090
$2,600
$3,260
Questions about Oradell, NJ rents
How much will Section 8 pay for a two-bedroom in Oradell, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,750, that basic range is $2,475 to $3,025 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 Oradell, NJ in?
Oradell, NJ is in the Bergen-Passaic, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Oradell, NJ for FY 2027?
The two-bedroom FMR rose 1.1%, from $2,720 in FY 2026 to $2,750 in FY 2027. Since FY 2023 it has risen 31.6%.
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