FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR- 07606
1.02ratio
FMR$2,140
Market$2,090
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 07606
0.78ratio
FMR$2,460
Market$3,160
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 07606
0.82ratio
FMR$2,990
Market$3,650
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR- 07606
0.94ratio
FMR$3,770
Market$4,010
vs market-$240
FMR is near market; voucher and private rents are aligned.
0.94
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
--
South Hackensack, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Hackensack, NJ is $2,460 a month. That is down 2.4% from $2,520 in FY 2026. South Hackensack 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 South Hackensack is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for South Hackensack, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,930
$1,910
−1.0%
$1,719–$2,101
1BR
$2,200
$2,140
−2.7%
$1,926–$2,354
2BR
$2,520
$2,460
−2.4%
$2,214–$2,706
3BR
$3,070
$2,990
−2.6%
$2,691–$3,289
4BR
$3,920
$3,770
−3.8%
$3,393–$4,147
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for South Hackensack, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,910
$2,140
$2,460
$2,990
$3,770
FY 2026
$1,930
$2,200
$2,520
$3,070
$3,920
FY 2025
$1,670
$1,940
$2,230
$2,740
$3,470
FY 2024
$1,520
$1,790
$2,060
$2,550
$3,210
FY 2023
$1,440
$1,720
$2,000
$2,480
$3,120
Questions about South Hackensack, NJ rents
How much will Section 8 pay for a two-bedroom in South Hackensack, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,460, that basic range is $2,214 to $2,706 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 South Hackensack, NJ in?
South Hackensack, 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 South Hackensack, NJ for FY 2027?
The two-bedroom FMR fell 2.4%, from $2,520 in FY 2026 to $2,460 in FY 2027. Since FY 2023 it has risen 23.0%.
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