FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 07093
0.95ratio
FMR$2,620
Market$2,760
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 07093
1.06ratio
FMR$3,180
Market$3,010
vs market+$170
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 07093
1.20ratio
FMR$3,730
Market$3,110
vs market+$620
FMR is above market; underwrite to market rent.
1.20
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 New York, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in West New York, NJ is $2,620 a month. That is up 5.2% from $2,490 in FY 2026. West New York 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 West New York is 17% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for West New York, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,170
$2,310
+6.5%
$2,079–$2,541
1BR
$2,220
$2,360
+6.3%
$2,124–$2,596
2BR
$2,490
$2,620
+5.2%
$2,358–$2,882
3BR
$3,030
$3,180
+5.0%
$2,862–$3,498
4BR
$3,560
$3,730
+4.8%
$3,357–$4,103
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for West New York, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,310
$2,360
$2,620
$3,180
$3,730
FY 2026
$2,170
$2,220
$2,490
$3,030
$3,560
FY 2025
$1,800
$1,830
$2,070
$2,570
$2,870
FY 2024
$1,820
$1,850
$2,100
$2,610
$2,910
FY 2023
$1,690
$1,740
$2,000
$2,470
$2,690
Questions about West New York, NJ rents
How much will Section 8 pay for a two-bedroom in West New York, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,620, that basic range is $2,358 to $2,882 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 New York, NJ in?
West New York, 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 West New York, NJ for FY 2027?
The two-bedroom FMR rose 5.2%, from $2,490 in FY 2026 to $2,620 in FY 2027. Since FY 2023 it has risen 31.0%.
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