FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 07203
0.95ratio
FMR$1,710
Market$1,800
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 07203
0.77ratio
FMR$2,060
Market$2,680
vs market-$620
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 07203
0.87ratio
FMR$2,570
Market$2,950
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.87
4 BR
4 BR- 07203
0.84ratio
FMR$2,940
Market$3,510
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.84
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
--
Roselle, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Roselle, NJ is $2,060 a month. That is up 1.0% from $2,040 in FY 2026. Roselle 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 Roselle is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Roselle, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,490
$1,510
+1.3%
$1,359–$1,661
1BR
$1,690
$1,710
+1.2%
$1,539–$1,881
2BR
$2,040
$2,060
+1.0%
$1,854–$2,266
3BR
$2,550
$2,570
+0.8%
$2,313–$2,827
4BR
$2,900
$2,940
+1.4%
$2,646–$3,234
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Roselle, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,510
$1,710
$2,060
$2,570
$2,940
FY 2026
$1,490
$1,690
$2,040
$2,550
$2,900
FY 2025
$1,410
$1,610
$1,950
$2,460
$2,790
FY 2024
$1,260
$1,450
$1,750
$2,210
$2,560
FY 2023
$1,030
$1,220
$1,460
$1,850
$2,180
Questions about Roselle, NJ rents
How much will Section 8 pay for a two-bedroom in Roselle, 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 $2,060 it would be $1,854 to $2,266. 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 Roselle, NJ in?
Roselle, 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 Roselle, NJ for FY 2027?
The two-bedroom FMR rose 1.0%, from $2,040 in FY 2026 to $2,060 in FY 2027. Since FY 2023 it has risen 41.1%.
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