FMR is below market; voucher rent may lag private rents.
0.54
1 BR
1 BR- 07446
1.32ratio
FMR$2,630
Market$1,990
vs market+$640
FMR is above market; underwrite to market rent.
1.32
2 BR
2 BR- 07446
0.94ratio
FMR$3,020
Market$3,210
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 07446
0.82ratio
FMR$3,670
Market$4,490
vs market-$820
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR- 07446
0.87ratio
FMR$4,630
Market$5,320
vs market-$690
FMR is below market; voucher rent may lag private rents.
0.87
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
--
Ramsey, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ramsey, NJ is $3,020 a month. That is up 3.8% from $2,910 in FY 2026. Ramsey 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 Ramsey is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ramsey, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,230
$2,350
+5.4%
$2,115–$2,585
1BR
$2,530
$2,630
+4.0%
$2,367–$2,893
2BR
$2,910
$3,020
+3.8%
$2,718–$3,322
3BR
$3,550
$3,670
+3.4%
$3,303–$4,037
4BR
$4,530
$4,630
+2.2%
$4,167–$5,093
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ramsey, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,350
$2,630
$3,020
$3,670
$4,630
FY 2026
$2,230
$2,530
$2,910
$3,550
$4,530
FY 2025
$1,890
$2,200
$2,520
$3,100
$3,920
FY 2024
$1,620
$1,900
$2,190
$2,710
$3,410
FY 2023
$1,520
$1,820
$2,110
$2,620
$3,290
Questions about Ramsey, NJ rents
How much will Section 8 pay for a two-bedroom in Ramsey, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,020, that basic range is $2,718 to $3,322 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 Ramsey, NJ in?
Ramsey, 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 Ramsey, NJ for FY 2027?
The two-bedroom FMR rose 3.8%, from $2,910 in FY 2026 to $3,020 in FY 2027. Since FY 2023 it has risen 43.1%.
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