FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 08884
0.76ratio
FMR$1,790
Market$2,360
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 08884
0.83ratio
FMR$2,240
Market$2,690
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 08884
0.83ratio
FMR$2,690
Market$3,240
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 08884
0.72ratio
FMR$2,970
Market$4,100
vs market-$1,130
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
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Spotswood, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Spotswood, NJ is $2,240 a month. That is up 14.3% from $1,960 in FY 2026. Spotswood 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.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Spotswood, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,390
$1,630
+17.3%
$1,467–$1,793
1BR
$1,560
$1,790
+14.7%
$1,611–$1,969
2BR
$1,960
$2,240
+14.3%
$2,016–$2,464
3BR
$2,360
$2,690
+14.0%
$2,421–$2,959
4BR
$2,600
$2,970
+14.2%
$2,673–$3,267
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Spotswood, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,630
$1,790
$2,240
$2,690
$2,970
FY 2026
$1,390
$1,560
$1,960
$2,360
$2,600
FY 2025
$1,450
$1,630
$2,050
$2,490
$2,730
FY 2024
$1,210
$1,370
$1,730
$2,100
$2,320
FY 2023
$1,150
$1,310
$1,670
$2,060
$2,300
Questions about Spotswood, NJ rents
How much will Section 8 pay for a two-bedroom in Spotswood, 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 $2,240 it would be $2,016 to $2,464. 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 Spotswood, NJ in?
Spotswood, 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 Spotswood, NJ for FY 2027?
The two-bedroom FMR rose 14.3%, from $1,960 in FY 2026 to $2,240 in FY 2027. Since FY 2023 it has risen 34.1%.
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