FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 08887
1.00ratio
FMR$2,010
Market$2,020
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 08887
0.95ratio
FMR$2,510
Market$2,630
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 08887
0.95ratio
FMR$2,990
Market$3,150
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR- 08887
1.03ratio
FMR$3,360
Market$3,250
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.03
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
--
Three Bridges, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Three Bridges, NJ is $2,510 a month. That is up 7.3% from $2,340 in FY 2026. Three Bridges 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. The median county two-bedroom FMR in New Jersey is $2,233, so Three Bridges is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Three Bridges, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,700
$1,870
+10.0%
$1,683–$2,057
1BR
$1,860
$2,010
+8.1%
$1,809–$2,211
2BR
$2,340
$2,510
+7.3%
$2,259–$2,761
3BR
$2,810
$2,990
+6.4%
$2,691–$3,289
4BR
$3,100
$3,360
+8.4%
$3,024–$3,696
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Three Bridges, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,870
$2,010
$2,510
$2,990
$3,360
FY 2026
$1,700
$1,860
$2,340
$2,810
$3,100
FY 2025
$1,450
$1,630
$2,050
$2,490
$2,730
FY 2024
$1,550
$1,740
$2,190
$2,650
$2,920
FY 2023
$1,380
$1,560
$1,980
$2,410
$2,660
Questions about Three Bridges, NJ rents
How much will Section 8 pay for a two-bedroom in Three Bridges, 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 $2,510 it would be $2,259 to $2,761. 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 Three Bridges, NJ in?
Three Bridges, 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 Three Bridges, NJ for FY 2027?
The two-bedroom FMR rose 7.3%, from $2,340 in FY 2026 to $2,510 in FY 2027. Since FY 2023 it has risen 26.8%.
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