For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08641 (Joint Base Mdl, NJ) is $2,790 a month. That is up 2.6% from $2,720 in FY 2026. Joint Base Mdl 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 44 ZIP codes in Burlington County, 08641 is tied for the highest two-bedroom rent (county range $1,410–$2,790). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08641 is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 08641
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,100
$2,160
+2.9%
$1,944–$2,376
1BR
$2,280
$2,340
+2.6%
$2,106–$2,574
2BR
$2,720
$2,790
+2.6%
$2,511–$3,069
3BR
$3,260
$3,320
+1.8%
$2,988–$3,652
4BR
$3,640
$3,670
+0.8%
$3,303–$4,037
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 08641
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,160
$2,340
$2,790
$3,320
$3,670
FY 2026
$2,100
$2,280
$2,720
$3,260
$3,640
FY 2025
$1,990
$2,200
$2,620
$3,160
$3,590
FY 2024
$1,920
$2,140
$2,560
$3,100
$3,570
FY 2023
$1,620
$1,820
$2,200
$2,680
$3,110
Two-bedroom rent in nearby Burlington County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 08641?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,790, that basic range is $2,511 to $3,069 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 08641 in?
ZIP 08641 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 08641 for FY 2027?
The two-bedroom FMR rose 2.6%, from $2,720 in FY 2026 to $2,790 in FY 2027. Since FY 2023 it has risen 26.8%.
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