FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 07871
1.03ratio
FMR$2,120
Market$2,050
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 07871
1.00ratio
FMR$2,560
Market$2,560
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 07871
0.92ratio
FMR$3,190
Market$3,470
vs market-$280
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 07871
0.91ratio
FMR$3,650
Market$4,020
vs market-$370
FMR is near market; voucher and private rents are aligned.
0.91
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
--
Sparta, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sparta, NJ is $2,560 a month. That is up 0.4% from $2,550 in FY 2026. Sparta 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 Sparta is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sparta, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,860
$1,880
+1.1%
$1,692–$2,068
1BR
$2,110
$2,120
+0.5%
$1,908–$2,332
2BR
$2,550
$2,560
+0.4%
$2,304–$2,816
3BR
$3,190
$3,190
0.0%
$2,871–$3,509
4BR
$3,630
$3,650
+0.6%
$3,285–$4,015
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sparta, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,880
$2,120
$2,560
$3,190
$3,650
FY 2026
$1,860
$2,110
$2,550
$3,190
$3,630
FY 2025
$1,880
$2,140
$2,590
$3,260
$3,710
FY 2024
$1,660
$1,920
$2,310
$2,920
$3,380
FY 2023
$1,310
$1,560
$1,870
$2,370
$2,790
Questions about Sparta, NJ rents
How much will Section 8 pay for a two-bedroom in Sparta, 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 $2,560 it would be $2,304 to $2,816. 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 Sparta, NJ in?
Sparta, 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 Sparta, NJ for FY 2027?
The two-bedroom FMR rose 0.4%, from $2,550 in FY 2026 to $2,560 in FY 2027. Since FY 2023 it has risen 36.9%.
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