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NJ/Salem County/Woodstown

Woodstown, NJ

CitySAFMR
Salem County
Found 1 ZIP

City Median Investment Score

38Below average

095130300
BRFMR
Eff. Rent
0 BR$1,240$1,310
1 BR$1,340$1,340
2 BR$1,600$1,540
3 BR$1,910$1,710
4 BR$2,100$1,810
5 BR$2,415Not available
6 BR$2,777Not available
7 BR$3,194Not available
8 BR$3,673Not available

Purchase Price Calculator

Maximum purchase price
$166,927

Cost breakdown

+Likely effective rent$1,540
HUD FMR$1,600
Market rentUsed$1,540
Est. payment standard (98%)$1,560
-Principal and interest-$844
Loan amount$133,542
Down payment$33,385
Rate6.50%
Term30 years
-Operating costs-$496
Property taxes-$167
Insurance-$175
Utilities$0
HOA$0
Management-$154
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,820(74.3% ROI)
Projected value
$179,762
Return breakdown
Property appreciation+$12,835
Loan principal paid down+$4,784
Rental cash flow+$7,200
5-year hold
+$42,468(127.2% ROI)
Projected value
$188,862
Return breakdown
Property appreciation+$21,936
Loan principal paid down+$8,532
Rental cash flow+$12,000
10-year hold
+$91,084(272.8% ROI)
Projected value
$213,681
Return breakdown
Property appreciation+$46,754
Loan principal paid down+$20,330
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.92
1 BR
1.00
2 BR
1.04
3 BR
1.12
4 BR
1.16
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Woodstown, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Woodstown, NJ is $1,600 a month. That is up 2.6% from $1,560 in FY 2026. Woodstown is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, 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 Woodstown is 28% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Woodstown, NJ
BedroomsFY 2027Change90–110% range
Studio$1,240+3.3%$1,116–$1,364
1BR$1,340+2.3%$1,206–$1,474
2BR$1,600+2.6%$1,440–$1,760
3BR$1,910+2.1%$1,719–$2,101
4BR$2,100+0.5%$1,890–$2,310

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Woodstown, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,240$1,340$1,600$1,910$2,100
FY 2026$1,200$1,310$1,560$1,870$2,090
FY 2025$1,210$1,330$1,590$1,920$2,180
FY 2024$1,160$1,290$1,550$1,870$2,160
FY 2023$1,000$1,130$1,360$1,660$1,920

Questions about Woodstown, NJ rents

How much will Section 8 pay for a two-bedroom in Woodstown, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,600, that basic range is $1,440 to $1,760 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 Woodstown, NJ in?

Woodstown, NJ is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Woodstown, NJ for FY 2027?

The two-bedroom FMR rose 2.6%, from $1,560 in FY 2026 to $1,600 in FY 2027. Since FY 2023 it has risen 17.6%.

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