FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 08869
0.98ratio
FMR$2,200
Market$2,250
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 08869
0.99ratio
FMR$2,740
Market$2,760
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 08869
0.98ratio
FMR$3,260
Market$3,310
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 08869
0.93ratio
FMR$3,660
Market$3,920
vs market-$260
FMR is near market; voucher and private rents are aligned.
0.93
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
--
Raritan, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Raritan, NJ is $2,740 a month. That is up 7.5% from $2,550 in FY 2026. Raritan is in the Middlesex-Somerset-Hunterdon, 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 $2,623. The median county two-bedroom FMR in New Jersey is $2,233, so Raritan is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Raritan, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,850
$2,040
+10.3%
$1,836–$2,244
1BR
$2,030
$2,200
+8.4%
$1,980–$2,420
2BR
$2,550
$2,740
+7.5%
$2,466–$3,014
3BR
$3,060
$3,260
+6.5%
$2,934–$3,586
4BR
$3,380
$3,660
+8.3%
$3,294–$4,026
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Raritan, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,040
$2,200
$2,740
$3,260
$3,660
FY 2026
$1,850
$2,030
$2,550
$3,060
$3,380
FY 2025
$1,560
$1,750
$2,200
$2,650
$2,920
FY 2024
$1,680
$1,890
$2,380
$2,880
$3,170
FY 2023
$1,440
$1,640
$2,070
$2,520
$2,780
Questions about Raritan, NJ rents
How much will Section 8 pay for a two-bedroom in Raritan, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,740 it would be $2,466 to $3,014. 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 Raritan, NJ in?
Raritan, NJ is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.
How much did fair market rent change in Raritan, NJ for FY 2027?
The two-bedroom FMR rose 7.5%, from $2,550 in FY 2026 to $2,740 in FY 2027. Since FY 2023 it has risen 32.4%.
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