FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 07666
0.87ratio
FMR$2,070
Market$2,380
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 07666
0.66ratio
FMR$2,380
Market$3,630
vs market-$1,250
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR- 07666
0.72ratio
FMR$2,890
Market$4,000
vs market-$1,110
FMR is below market; voucher rent may lag private rents.
0.72
4 BR
4 BR- 07666
0.81ratio
FMR$3,650
Market$4,520
vs market-$870
FMR is below market; voucher rent may lag private rents.
0.81
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
--
Teaneck, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Teaneck, NJ is $2,380 a month. That is down 0.8% from $2,400 in FY 2026. Teaneck 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 Teaneck is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Teaneck, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,840
$1,850
+0.5%
$1,665–$2,035
1BR
$2,090
$2,070
−1.0%
$1,863–$2,277
2BR
$2,400
$2,380
−0.8%
$2,142–$2,618
3BR
$2,930
$2,890
−1.4%
$2,601–$3,179
4BR
$3,740
$3,650
−2.4%
$3,285–$4,015
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Teaneck, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,850
$2,070
$2,380
$2,890
$3,650
FY 2026
$1,840
$2,090
$2,400
$2,930
$3,740
FY 2025
$1,570
$1,820
$2,090
$2,570
$3,250
FY 2024
$1,410
$1,660
$1,910
$2,360
$2,970
FY 2023
$1,340
$1,600
$1,860
$2,310
$2,900
Questions about Teaneck, NJ rents
How much will Section 8 pay for a two-bedroom in Teaneck, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,380, that basic range is $2,142 to $2,618 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 Teaneck, NJ in?
Teaneck, 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 Teaneck, NJ for FY 2027?
The two-bedroom FMR fell 0.8%, from $2,400 in FY 2026 to $2,380 in FY 2027. Since FY 2023 it has risen 28.0%.
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