FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 08876
0.89ratio
FMR$2,030
Market$2,280
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.89
2 BR
2 BR- 08876
0.84ratio
FMR$2,530
Market$3,010
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 08876
0.90ratio
FMR$3,010
Market$3,360
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 08876
0.83ratio
FMR$3,380
Market$4,080
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.83
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
--
Somerville, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Somerville, NJ is $2,530 a month. That is up 6.8% from $2,370 in FY 2026. Somerville 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 Somerville is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Somerville, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,720
$1,880
+9.3%
$1,692–$2,068
1BR
$1,890
$2,030
+7.4%
$1,827–$2,233
2BR
$2,370
$2,530
+6.8%
$2,277–$2,783
3BR
$2,840
$3,010
+6.0%
$2,709–$3,311
4BR
$3,140
$3,380
+7.6%
$3,042–$3,718
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Somerville, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,880
$2,030
$2,530
$3,010
$3,380
FY 2026
$1,720
$1,890
$2,370
$2,840
$3,140
FY 2025
$1,450
$1,630
$2,050
$2,490
$2,730
FY 2024
$1,500
$1,690
$2,130
$2,580
$2,840
FY 2023
$1,260
$1,430
$1,810
$2,200
$2,430
Questions about Somerville, NJ rents
How much will Section 8 pay for a two-bedroom in Somerville, 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 $2,530 it would be $2,277 to $2,783. 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 Somerville, NJ in?
Somerville, 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 Somerville, NJ for FY 2027?
The two-bedroom FMR rose 6.8%, from $2,370 in FY 2026 to $2,530 in FY 2027. Since FY 2023 it has risen 39.8%.
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