FMR is below market; voucher rent may lag private rents.
0.53
1 BR
1 BR- 07677
0.89ratio
FMR$2,390
Market$2,690
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.89
2 BR
2 BR- 07677
0.74ratio
FMR$2,740
Market$3,680
vs market-$940
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR- 07677
0.80ratio
FMR$3,330
Market$4,150
vs market-$820
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 07677
0.82ratio
FMR$4,210
Market$5,110
vs market-$900
FMR is below market; voucher rent may lag private rents.
0.82
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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Woodcliff Lake, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Woodcliff Lake, NJ is $2,740 a month. That is down 8.7% from $3,000 in FY 2026. Woodcliff Lake 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 Woodcliff Lake is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Woodcliff Lake, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,300
$2,130
−7.4%
$1,917–$2,343
1BR
$2,610
$2,390
−8.4%
$2,151–$2,629
2BR
$3,000
$2,740
−8.7%
$2,466–$3,014
3BR
$3,660
$3,330
−9.0%
$2,997–$3,663
4BR
$4,670
$4,210
−9.9%
$3,789–$4,631
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Woodcliff Lake, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,130
$2,390
$2,740
$3,330
$4,210
FY 2026
$2,300
$2,610
$3,000
$3,660
$4,670
FY 2025
$1,890
$2,200
$2,520
$3,100
$3,920
FY 2024
$1,820
$2,140
$2,460
$3,050
$3,830
FY 2023
$1,770
$2,120
$2,460
$3,050
$3,840
Questions about Woodcliff Lake, NJ rents
How much will Section 8 pay for a two-bedroom in Woodcliff Lake, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,740, that basic range is $2,466 to $3,014 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 Woodcliff Lake, NJ in?
Woodcliff Lake, 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 Woodcliff Lake, NJ for FY 2027?
The two-bedroom FMR fell 8.7%, from $3,000 in FY 2026 to $2,740 in FY 2027. Since FY 2023 it has risen 11.4%.
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