FY2027 Fair Market Rent · New Jersey
Hudson County Fair Market Rent & Income Limits
HUD's FY2027 Fair Market Rent for a two-bedroom home in Hudson County, NJ is $2,792 a month, up 1.0% from FY2026. The area median family income is $110,100, and a family of four counts as low income up to $117,900 a year.
Fair Market Rent by unit size
FY2027 FY2026
Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.
Check your household
Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Hudson County, NJ.
Low income (80% limit)
A household of 4 earning $115,900 is under the 80% limit of $117,900 for this area. At 30% of income it could pay about $2,898 a month for rent and utilities.
This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.
Income limits in Hudson County
HUD's FY2026 income limits for Jersey City, NJ are based on a median family income of $110,100. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.
| People | Extremely low30% / poverty | Very low50% | 60% (LIHTC)MTSP | Low income80% |
|---|---|---|---|---|
| 1 | $30,950 | $51,550 | $61,860 | $82,550 |
| 2 | $35,400 | $58,950 | $70,740 | $94,350 |
| 3 | $39,800 | $66,300 | $79,560 | $106,150 |
| 4 | $44,200 | $73,700 | $88,440 | $117,900 |
| 5 | $47,750 | $79,600 | $95,520 | $127,350 |
| 6 | $51,300 | $85,500 | $102,600 | $136,800 |
| 7 | $54,850 | $91,400 | $109,680 | $146,200 |
| 8 | $58,350 | $97,250 | $116,700 | $155,650 |
Rent history
Since FY2017 the two-bedroom FMR here has gone from $1,519 to $2,792, up 83.8% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $365.
What it takes to afford the rent
To keep a two-bedroom rent of $2,792 at no more than 30% of income, the usual affordability rule, a household needs about $111,700 a year. That is 101% of the area median family income of $110,100, so even a median-income family would spend more than 30% of its income on it.
| Unit | FY2027 | FY2026 | FY2025 | Income to affordat 30% |
|---|---|---|---|---|
| Studio | $2,462 | $2,407 | $1,999 | $98,500 |
| 1 bedroom | $2,514 | $2,458 | $2,029 | $100,600 |
| 2 bedrooms | $2,792 | $2,763 | $2,299 | $111,700 |
| 3 bedrooms | $3,392 | $3,367 | $2,822 | $135,700 |
| 4 bedrooms | $3,976 | $3,955 | $3,218 | $159,000 |
How Hudson County compares
Hudson County makes up the Jersey City, NJ metro area on its own, so HUD's metro figures and the county figures are the same.
Hudson County has the 1st highest two-bedroom Fair Market Rent of the 21 counties in New Jersey; the population-weighted average across New Jersey is $2,268 and the nationwide average is $1,751.
Small Area FMRs by ZIP code
HUD also publishes Small Area Fair Market Rents for each ZIP code. In Hudson County the two-bedroom figure ranges from $2,440 to $4,190 across 20 ZIP codes, against the area-wide $2,792. Jersey City, NJ is one of HUD's mandatory Small Area FMR areas (designated 2023), so housing agencies there must set voucher payment standards from these ZIP-code rents.
| ZIP | Place | 2 BR SAFMR | 110% payment std. |
|---|---|---|---|
| 07030 | Hoboken | $4,190 | $4,609 |
| 07302 | Jersey City | $4,190 | $4,609 |
| 07310 | Jersey City | $4,190 | $4,609 |
| 07311 | Jersey City | $4,190 | $4,609 |
| 07086 | Weehawken | $3,750 | $4,125 |
| 07094 | Secaucus | $3,480 | $3,828 |
| 07047 | North Bergen | $3,030 | $3,333 |
| 07029 | Harrison | $2,860 | $3,146 |
| 07096 | Secaucus | $2,790 | $3,069 |
| 07097 | Jersey City | $2,790 | $3,069 |
| 07099 | Kearny | $2,790 | $3,069 |
| 07303 | Jersey City | $2,790 | $3,069 |
| 07307 | Jersey City | $2,770 | $3,047 |
| 07093 | West New York | $2,620 | $2,882 |
| 07032 | Kearny | $2,600 | $2,860 |
| 07306 | Jersey City | $2,600 | $2,860 |
| 07304 | Jersey City | $2,520 | $2,772 |
| 07002 | Bayonne | $2,500 | $2,750 |
| 07305 | Jersey City | $2,460 | $2,706 |
| 07087 | Union City | $2,440 | $2,684 |
Questions
What is the Fair Market Rent in Hudson County, NJ for 2027?
For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in Hudson County, NJ are $2,462 for a studio, $2,514 for one bedroom, $2,792 for two bedrooms, $3,392 for three and $3,976 for four bedrooms, per month including utilities.
What is the area median income in Hudson County, NJ?
HUD's FY2026 median family income for the area is $110,100, up 2.4% from $107,500 in FY2025.
What is 80% of AMI in Hudson County, NJ for a family of 4?
The FY2026 low-income limit (80%) for a household of four is $117,900 a year. The very low-income limit (50%) is $73,700 and the extremely low-income limit is $44,200.
What is the 60% AMI limit for tax credit housing in Hudson County, NJ?
Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $61,860 for one person and $88,440 for four.
Is the Fair Market Rent the same as the Section 8 payment standard?
No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $2,513 to $3,071), and can ask HUD for exceptions. Check the payment standard with your local housing agency.