FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 07663
1.07ratio
FMR$2,260
Market$2,120
vs market+$140
FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR- 07663
0.89ratio
FMR$2,590
Market$2,920
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 07663
0.93ratio
FMR$3,150
Market$3,400
vs market-$250
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 07663
0.98ratio
FMR$3,970
Market$4,040
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.98
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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Saddle Brook, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saddle Brook, NJ is $2,590 a month. That is down 2.3% from $2,650 in FY 2026. Saddle Brook 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 Saddle Brook is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saddle Brook, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,030
$2,010
−1.0%
$1,809–$2,211
1BR
$2,310
$2,260
−2.2%
$2,034–$2,486
2BR
$2,650
$2,590
−2.3%
$2,331–$2,849
3BR
$3,230
$3,150
−2.5%
$2,835–$3,465
4BR
$4,130
$3,970
−3.9%
$3,573–$4,367
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saddle Brook, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,010
$2,260
$2,590
$3,150
$3,970
FY 2026
$2,030
$2,310
$2,650
$3,230
$4,130
FY 2025
$1,790
$2,080
$2,390
$2,940
$3,720
FY 2024
$1,640
$1,920
$2,210
$2,740
$3,440
FY 2023
$1,540
$1,840
$2,140
$2,660
$3,340
Questions about Saddle Brook, NJ rents
How much will Section 8 pay for a two-bedroom in Saddle Brook, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,590, that basic range is $2,331 to $2,849 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 Saddle Brook, NJ in?
Saddle Brook, 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 Saddle Brook, NJ for FY 2027?
The two-bedroom FMR fell 2.3%, from $2,650 in FY 2026 to $2,590 in FY 2027. Since FY 2023 it has risen 21.0%.
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