FMR is near market; voucher and private rents are aligned.
1.08
1 BR
1 BR- 07087
0.92ratio
FMR$2,200
Market$2,380
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 07087
0.85ratio
FMR$2,440
Market$2,880
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 07087
0.96ratio
FMR$2,960
Market$3,080
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 07087
1.13ratio
FMR$3,470
Market$3,080
vs market+$390
FMR is above market; underwrite to market rent.
1.13
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
--
Union City, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Union City, NJ is $2,440 a month. That is up 2.5% from $2,380 in FY 2026. Union City is in the Jersey City, 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 Union City is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Union City, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,070
$2,150
+3.9%
$1,935–$2,365
1BR
$2,120
$2,200
+3.8%
$1,980–$2,420
2BR
$2,380
$2,440
+2.5%
$2,196–$2,684
3BR
$2,900
$2,960
+2.1%
$2,664–$3,256
4BR
$3,410
$3,470
+1.8%
$3,123–$3,817
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Union City, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,150
$2,200
$2,440
$2,960
$3,470
FY 2026
$2,070
$2,120
$2,380
$2,900
$3,410
FY 2025
$1,800
$1,830
$2,070
$2,570
$2,870
FY 2024
$1,760
$1,790
$2,030
$2,520
$2,810
FY 2023
$1,610
$1,660
$1,900
$2,350
$2,550
Questions about Union City, NJ rents
How much will Section 8 pay for a two-bedroom in Union City, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,440, that basic range is $2,196 to $2,684 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 Union City, NJ in?
Union City, NJ is in the Jersey City, 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 Union City, NJ for FY 2027?
The two-bedroom FMR rose 2.5%, from $2,380 in FY 2026 to $2,440 in FY 2027. Since FY 2023 it has risen 28.4%.
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