FMR is below market; voucher rent may lag private rents.
0.32
1 BR
1 BR- 07458
1.04ratio
FMR$2,600
Market$2,490
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR- 07458
0.78ratio
FMR$2,970
Market$3,810
vs market-$840
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 07458
0.89ratio
FMR$3,620
Market$4,050
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.89
4 BR
4 BR- 07458
0.72ratio
FMR$4,500
Market$6,250
vs market-$1,750
FMR is below market; voucher rent may lag private rents.
0.72
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
--
Saddle River, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saddle River, NJ is $2,970 a month. That is down 1.0% from $3,000 in FY 2026. Saddle River 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 River is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saddle River, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,330
$2,340
+0.4%
$2,106–$2,574
1BR
$2,620
$2,600
−0.8%
$2,340–$2,860
2BR
$3,000
$2,970
−1.0%
$2,673–$3,267
3BR
$3,670
$3,620
−1.4%
$3,258–$3,982
4BR
$4,600
$4,500
−2.2%
$4,050–$4,950
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saddle River, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,340
$2,600
$2,970
$3,620
$4,500
FY 2026
$2,330
$2,620
$3,000
$3,670
$4,600
FY 2025
$2,340
$2,710
$3,110
$3,830
$4,840
FY 2024
$2,100
$2,470
$2,840
$3,520
$4,420
FY 2023
$1,980
$2,370
$2,750
$3,410
$4,290
Questions about Saddle River, NJ rents
How much will Section 8 pay for a two-bedroom in Saddle River, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,970, that basic range is $2,673 to $3,267 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 River, NJ in?
Saddle River, 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 River, NJ for FY 2027?
The two-bedroom FMR fell 1.0%, from $3,000 in FY 2026 to $2,970 in FY 2027. Since FY 2023 it has risen 8.0%.
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