Skip to main content
Loading page
Gloucester County/Swedesboro/08085

08085

ZIPSAFMR
Gloucester County, NJ
Zillow

ZIP Investment Score

94Below average

095130300
BRFMR
Eff. Rent
0 BR$1,820$2,000
1 BR$1,980$2,180
2 BR$2,360$2,400
3 BR$2,810$2,740
4 BR$3,100$3,200
5 BR$3,565Not available
6 BR$4,100Not available
7 BR$4,715Not available
8 BR$5,422Not available

Purchase Price Calculator

Maximum purchase price
$294,723

Cost breakdown

+Likely effective rent$2,400
HUD FMR$2,360
Market rent$2,420
Est. payment standard (102%)Used$2,400
-Principal and interest-$1,490
Loan amount$235,778
Down payment$58,945
Rate6.50%
Term30 years
-Operating costs-$710
Property taxes-$295
Insurance-$175
Utilities$0
HOA$0
Management-$240
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,309(65.0% ROI)
Projected value
$317,384
Return breakdown
Property appreciation+$22,661
Loan principal paid down+$8,447
Rental cash flow+$7,200
5-year hold
+$65,793(111.6% ROI)
Projected value
$333,451
Return breakdown
Property appreciation+$38,729
Loan principal paid down+$15,064
Rental cash flow+$12,000
10-year hold
+$142,442(241.7% ROI)
Projected value
$377,270
Return breakdown
Property appreciation+$82,547
Loan principal paid down+$35,895
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.77
1 BR
0.86
2 BR
0.98
3 BR
1.03
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08085 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08085 (Swedesboro, NJ) is $2,360 a month. That is down 0.8% from $2,380 in FY 2026. Swedesboro 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. Among 32 ZIP codes in Gloucester County, 08085 has the highest two-bedroom rent (county range $1,550–$2,360). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08085 is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08085
BedroomsFY 2027Change90–110% range
Studio$1,820−1.1%$1,638–$2,002
1BR$1,980−1.0%$1,782–$2,178
2BR$2,360−0.8%$2,124–$2,596
3BR$2,810−1.4%$2,529–$3,091
4BR$3,100−2.8%$2,790–$3,410

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08085
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,820$1,980$2,360$2,810$3,100
FY 2026$1,840$2,000$2,380$2,850$3,190
FY 2025$1,840$2,030$2,420$2,920$3,310
FY 2024$1,800$2,000$2,400$2,900$3,350
FY 2023$1,540$1,730$2,090$2,540$2,960

Two-bedroom rent in nearby Gloucester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08085
08071$1,870−20.8%
08074$1,750−25.8%
08080$2,200−6.8%
08081$2,040−13.6%
08085Current$2,360—
08086$2,200−6.8%
08090$2,060−12.7%
08093$1,620−31.4%
08094$1,900−19.5%
08096$1,990−15.7%
08097$1,710−27.5%
08098$1,600−32.2%

Questions about ZIP 08085 rents

How much will Section 8 pay for a two-bedroom in ZIP 08085?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,360, that basic range is $2,124 to $2,596 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 ZIP 08085 in?

ZIP 08085 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 ZIP 08085 for FY 2027?

The two-bedroom FMR fell 0.8%, from $2,380 in FY 2026 to $2,360 in FY 2027. Since FY 2023 it has risen 12.9%.

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

County fair market rentSwedesboro, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources