FMR is below market; voucher rent may lag private rents.
0.50
1 BR
1 BR- 07676
1.06ratio
FMR$2,520
Market$2,370
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.06
2 BR
2 BR- 07676
0.68ratio
FMR$2,890
Market$4,240
vs market-$1,350
FMR is below market; voucher rent may lag private rents.
0.68
3 BR
3 BR- 07676
0.81ratio
FMR$3,510
Market$4,320
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 07676
0.80ratio
FMR$4,430
Market$5,570
vs market-$1,140
FMR is below market; voucher rent may lag private rents.
0.80
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
--
Township of Washington, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Township of Washington, NJ is $2,890 a month. That is down 3.3% from $2,990 in FY 2026. Township of Washington 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 Township of Washington is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Township of Washington, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,290
$2,240
−2.2%
$2,016–$2,464
1BR
$2,600
$2,520
−3.1%
$2,268–$2,772
2BR
$2,990
$2,890
−3.3%
$2,601–$3,179
3BR
$3,650
$3,510
−3.8%
$3,159–$3,861
4BR
$4,650
$4,430
−4.7%
$3,987–$4,873
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Township of Washington, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,240
$2,520
$2,890
$3,510
$4,430
FY 2026
$2,290
$2,600
$2,990
$3,650
$4,650
FY 2025
$2,010
$2,340
$2,680
$3,300
$4,170
FY 2024
$1,810
$2,130
$2,450
$3,030
$3,810
FY 2023
$1,740
$2,080
$2,410
$2,990
$3,760
Questions about Township of Washington, NJ rents
How much will Section 8 pay for a two-bedroom in Township of Washington, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,890, that basic range is $2,601 to $3,179 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 Township of Washington, NJ in?
Township of Washington, 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 Township of Washington, NJ for FY 2027?
The two-bedroom FMR fell 3.3%, from $2,990 in FY 2026 to $2,890 in FY 2027. Since FY 2023 it has risen 19.9%.
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