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NJ/Camden County/Voorhees

Voorhees, NJ

CitySAFMR
Camden County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,740$1,580
1 BR$1,880$1,830
2 BR$2,250$2,350
3 BR$2,680$2,780
4 BR$2,960$3,260
5 BR$3,404Not available
6 BR$3,915Not available
7 BR$4,502Not available
8 BR$5,177Not available

Purchase Price Calculator

Maximum purchase price
$287,293

Cost breakdown

+Likely effective rent$2,350
HUD FMR$2,250
Market rent$2,400
Est. payment standard (104%)Used$2,350
-Principal and interest-$1,453
Loan amount$229,834
Down payment$57,459
Rate6.50%
Term30 years
-Operating costs-$697
Property taxes-$287
Insurance-$175
Utilities$0
HOA$0
Management-$235
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,525(65.3% ROI)
Projected value
$309,383
Return breakdown
Property appreciation+$22,090
Loan principal paid down+$8,234
Rental cash flow+$7,200
5-year hold
+$64,437(112.1% ROI)
Projected value
$325,045
Return breakdown
Property appreciation+$37,753
Loan principal paid down+$14,684
Rental cash flow+$12,000
10-year hold
+$139,456(242.7% ROI)
Projected value
$367,759
Return breakdown
Property appreciation+$80,466
Loan principal paid down+$34,990
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.10
1 BR
1.03
2 BR
0.94
3 BR
0.94
4 BR
0.81
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Voorhees, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Voorhees, NJ is $2,250 a month. That is up 0.9% from $2,230 in FY 2026. Voorhees 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.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Voorhees, NJ
BedroomsFY 2027Change90–110% range
Studio$1,740+1.2%$1,566–$1,914
1BR$1,880+0.5%$1,692–$2,068
2BR$2,250+0.9%$2,025–$2,475
3BR$2,680+0.4%$2,412–$2,948
4BR$2,960−1.0%$2,664–$3,256

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Voorhees, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,740$1,880$2,250$2,680$2,960
FY 2026$1,720$1,870$2,230$2,670$2,990
FY 2025$1,700$1,870$2,230$2,690$3,050
FY 2024$1,620$1,800$2,160$2,610$3,010
FY 2023$1,340$1,510$1,820$2,220$2,570

Questions about Voorhees, NJ rents

How much will Section 8 pay for a two-bedroom in Voorhees, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,250, that basic range is $2,025 to $2,475 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 Voorhees, NJ in?

Voorhees, 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 Voorhees, NJ for FY 2027?

The two-bedroom FMR rose 0.9%, from $2,230 in FY 2026 to $2,250 in FY 2027. Since FY 2023 it has risen 23.6%.

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