FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 07480
0.74ratio
FMR$1,670
Market$2,270
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 07480
0.76ratio
FMR$1,920
Market$2,520
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 07480
0.73ratio
FMR$2,330
Market$3,180
vs market-$850
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR- 07480
0.87ratio
FMR$2,940
Market$3,390
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.87
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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West Milford, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in West Milford, NJ is $1,920 a month. That is down 5.0% from $2,020 in FY 2026. West Milford 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 West Milford is 14% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for West Milford, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,550
$1,490
−3.9%
$1,341–$1,639
1BR
$1,760
$1,670
−5.1%
$1,503–$1,837
2BR
$2,020
$1,920
−5.0%
$1,728–$2,112
3BR
$2,460
$2,330
−5.3%
$2,097–$2,563
4BR
$3,140
$2,940
−6.4%
$2,646–$3,234
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for West Milford, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,490
$1,670
$1,920
$2,330
$2,940
FY 2026
$1,550
$1,760
$2,020
$2,460
$3,140
FY 2025
$1,490
$1,730
$1,980
$2,440
$3,080
FY 2024
$1,440
$1,690
$1,940
$2,400
$3,020
FY 2023
$1,410
$1,690
$1,960
$2,430
$3,060
Questions about West Milford, NJ rents
How much will Section 8 pay for a two-bedroom in West Milford, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,920, that basic range is $1,728 to $2,112 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 West Milford, NJ in?
West Milford, 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 West Milford, NJ for FY 2027?
The two-bedroom FMR fell 5.0%, from $2,020 in FY 2026 to $1,920 in FY 2027. Since FY 2023 it has fallen 2.0%.
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