FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 07675
1.03ratio
FMR$2,650
Market$2,580
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 07675
0.76ratio
FMR$3,040
Market$4,000
vs market-$960
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 07675
0.85ratio
FMR$3,690
Market$4,320
vs market-$630
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 07675
0.94ratio
FMR$4,660
Market$4,960
vs market-$300
FMR is near market; voucher and private rents are aligned.
0.94
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
--
Westwood, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Westwood, NJ is $3,040 a month. That is up 0.3% from $3,030 in FY 2026. Westwood 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 Westwood is 36% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Westwood, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,320
$2,360
+1.7%
$2,124–$2,596
1BR
$2,640
$2,650
+0.4%
$2,385–$2,915
2BR
$3,030
$3,040
+0.3%
$2,736–$3,344
3BR
$3,700
$3,690
−0.3%
$3,321–$4,059
4BR
$4,720
$4,660
−1.3%
$4,194–$5,126
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Westwood, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,360
$2,650
$3,040
$3,690
$4,660
FY 2026
$2,320
$2,640
$3,030
$3,700
$4,720
FY 2025
$2,000
$2,320
$2,660
$3,270
$4,140
FY 2024
$1,780
$2,090
$2,400
$2,970
$3,740
FY 2023
$1,690
$2,030
$2,350
$2,920
$3,670
Questions about Westwood, NJ rents
How much will Section 8 pay for a two-bedroom in Westwood, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,040, that basic range is $2,736 to $3,344 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 Westwood, NJ in?
Westwood, 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 Westwood, NJ for FY 2027?
The two-bedroom FMR rose 0.3%, from $3,030 in FY 2026 to $3,040 in FY 2027. Since FY 2023 it has risen 29.4%.
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