FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 07057
0.80ratio
FMR$1,730
Market$2,150
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 07057
0.80ratio
FMR$1,990
Market$2,480
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.80
3 BR
3 BR- 07057
0.81ratio
FMR$2,420
Market$3,000
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 07057
0.77ratio
FMR$3,050
Market$3,940
vs market-$890
FMR is below market; voucher rent may lag private rents.
0.77
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
--
Wallington, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Wallington, NJ is $1,990 a month. That is down 0.5% from $2,000 in FY 2026. Wallington 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 Wallington is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Wallington, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,530
$1,550
+1.3%
$1,395–$1,705
1BR
$1,740
$1,730
−0.6%
$1,557–$1,903
2BR
$2,000
$1,990
−0.5%
$1,791–$2,189
3BR
$2,440
$2,420
−0.8%
$2,178–$2,662
4BR
$3,110
$3,050
−1.9%
$2,745–$3,355
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Wallington, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,550
$1,730
$1,990
$2,420
$3,050
FY 2026
$1,530
$1,740
$2,000
$2,440
$3,110
FY 2025
$1,340
$1,550
$1,780
$2,190
$2,770
FY 2024
$1,210
$1,420
$1,630
$2,020
$2,540
FY 2023
$1,150
$1,370
$1,590
$1,970
$2,480
Questions about Wallington, NJ rents
How much will Section 8 pay for a two-bedroom in Wallington, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,990, that basic range is $1,791 to $2,189 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 Wallington, NJ in?
Wallington, 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 Wallington, NJ for FY 2027?
The two-bedroom FMR fell 0.5%, from $2,000 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 25.2%.
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