FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR- 08086
1.08ratio
FMR$1,840
Market$1,700
vs market+$140
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 08086
1.18ratio
FMR$2,200
Market$1,870
vs market+$330
FMR is above market; underwrite to market rent.
1.18
3 BR
3 BR- 08086
1.11ratio
FMR$2,620
Market$2,360
vs market+$260
FMR is above market; underwrite to market rent.
1.11
4 BR
4 BR- 08086
0.94ratio
FMR$2,890
Market$3,080
vs market-$190
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
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Thorofare, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Thorofare, NJ is $2,200 a month. That is up 0.9% from $2,180 in FY 2026. Thorofare is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, 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 Thorofare is 1% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Thorofare, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,680
$1,700
+1.2%
$1,530–$1,870
1BR
$1,830
$1,840
+0.5%
$1,656–$2,024
2BR
$2,180
$2,200
+0.9%
$1,980–$2,420
3BR
$2,610
$2,620
+0.4%
$2,358–$2,882
4BR
$2,920
$2,890
−1.0%
$2,601–$3,179
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Thorofare, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,700
$1,840
$2,200
$2,620
$2,890
FY 2026
$1,680
$1,830
$2,180
$2,610
$2,920
FY 2025
$1,680
$1,850
$2,210
$2,660
$3,030
FY 2024
$1,580
$1,760
$2,110
$2,550
$2,940
FY 2023
$1,290
$1,460
$1,760
$2,140
$2,490
Questions about Thorofare, NJ rents
How much will Section 8 pay for a two-bedroom in Thorofare, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,200, that basic range is $1,980 to $2,420 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 Thorofare, NJ in?
Thorofare, NJ is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Thorofare, NJ for FY 2027?
The two-bedroom FMR rose 0.9%, from $2,180 in FY 2026 to $2,200 in FY 2027. Since FY 2023 it has risen 25.0%.
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