FY2027 Small Area FMR · Park Ridge, NJ

ZIP 07656 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 07656 (Park Ridge, NJ) is $2,630 a month, unchanged from FY2026. That is 15% above the Bergen-Passaic, NJ area-wide FMR of $2,282.

2-bedroom SAFMR$2,630per month ■ 0.0%

Area-wide 2 BR FMR$2,282Bergen-Passaic, NJ

Rank in the area38thof 114 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,367

2 BR Small Area FMR$2,630

110% of SAFMR$2,893

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$2,040▲ 1.5%

1 BR$2,290■ 0.0%

2 BR$2,630■ 0.0%

3 BR$3,190▼ 0.6%

4 BR$4,030▼ 1.5%

FY2027 FY2026

Where 07656 sits in the Bergen-Passaic, NJ area

Of the 114 ZIP codes HUD lists for the area, 07656 has the 38th highest two-bedroom Small Area FMR. Bergen-Passaic, NJ is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,367 and $2,893 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,040	$1,836 – $2,244	$1,772	$2,010
1 bedroom	$2,290	$2,061 – $2,519	$1,987	$2,290
2 bedrooms	$2,630	$2,367 – $2,893	$2,282	$2,630
3 bedrooms	$3,190	$2,871 – $3,509	$2,771	$3,210
4 bedrooms	$4,030	$3,627 – $4,433	$3,497	$4,090

A household renting a two-bedroom home at the Small Area FMR of $2,630 needs about $105,200 a year to keep housing costs at 30% of income. The area median family income is $139,100 and the 80% low-income limit for four people is $108,400. ZIP code 07656 lies mainly in Bergen County. See the Bergen-Passaic, NJ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
07677	Woodcliff Lake	1.2 mi	$2,740
07645	Montvale	1.3 mi	$2,710
07642	Hillsdale	1.9 mi	$2,300
10965	Pearl River	2.6 mi	$3,040
07458	Saddle River	2.8 mi	$2,970
07675	Westwood	3.2 mi	$3,040

Questions

What is the Fair Market Rent for ZIP code 07656?

HUD's FY2027 Small Area Fair Market Rents for 07656 are $2,040 (studio), $2,290 (1 BR), $2,630 (2 BR), $3,190 (3 BR) and $4,030 (4 BR) a month.

What is the Section 8 payment standard in 07656?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 07656 that range is $2,367 to $2,893 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 07656?

The FY2026 income limits of the Bergen-Passaic, NJ area apply: median family income $139,100, low-income (80%) limit $108,400 for a family of four.