FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR- 07882
1.06ratio
FMR$1,790
Market$1,690
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.06
2 BR
2 BR- 07882
1.11ratio
FMR$2,240
Market$2,020
vs market+$220
FMR is above market; underwrite to market rent.
1.11
3 BR
3 BR- 07882
1.12ratio
FMR$2,690
Market$2,400
vs market+$290
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 07882
0.95ratio
FMR$2,970
Market$3,120
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.95
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
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Washington, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Washington, NJ is $2,240 a month. That is up 14.3% from $1,960 in FY 2026. Washington 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.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Washington, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,500
$1,630
+8.7%
$1,467–$1,793
1BR
$1,560
$1,790
+14.7%
$1,611–$1,969
2BR
$1,960
$2,240
+14.3%
$2,016–$2,464
3BR
$2,380
$2,690
+13.0%
$2,421–$2,959
4BR
$2,770
$2,970
+7.2%
$2,673–$3,267
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Washington, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,630
$1,790
$2,240
$2,690
$2,970
FY 2026
$1,500
$1,560
$1,960
$2,380
$2,770
FY 2025
$1,450
$1,630
$2,050
$2,490
$2,730
FY 2024
$1,210
$1,370
$1,730
$2,100
$2,320
FY 2023
$1,150
$1,310
$1,670
$2,060
$2,300
Questions about Washington, NJ rents
How much will Section 8 pay for a two-bedroom in Washington, 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 $2,240 it would be $2,016 to $2,464. 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 Washington, NJ in?
Washington, 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 Washington, NJ for FY 2027?
The two-bedroom FMR rose 14.3%, from $1,960 in FY 2026 to $2,240 in FY 2027. Since FY 2023 it has risen 34.1%.
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