07505
ZIPFMR
Passaic County, NJ
BRFMR
Eff. Rent
0 BR$1,778$1,660
1 BR$2,024$1,800
2 BR$2,324$2,190
3 BR$2,835$2,570
4 BR$3,618$2,820
5 BR$4,161
6 BR$4,785
7 BR$5,503
8 BR$6,328

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.07ratio
FMR$1,778
Market$1,660
vs market+$118

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.07
1 BR
1 BR
1.12ratio
FMR$2,024
Market$1,800
vs market+$224

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
2 BR
2 BR
1.06ratio
FMR$2,324
Market$2,190
vs market+$134

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.06
3 BR
3 BR
1.10ratio
FMR$2,835
Market$2,570
vs market+$265

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.10
4 BR
4 BR
1.28ratio
FMR$3,618
Market$2,820
vs market+$798

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.28
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$283,429
Rent
$2,324
Down payment
$56,686
Loan
$226,743
Mortgage
$1,433
Expenses
$691
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 07505 (NJ) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.