FY2027 Small Area FMR · Belvidere, NJ

ZIP 07823 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 07823 (Belvidere, NJ) is $1,710 a month, up 12.5% from FY2026. That is 15% below the Warren County, NJ area-wide FMR of $2,021.

2-bedroom SAFMR$1,710per month ▲ 12.5%

Area-wide 2 BR FMR$2,021Warren County, NJ

Rank in the area24thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,539

2 BR Small Area FMR$1,710

110% of SAFMR$1,881

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

Studio$1,370▲ 9.6%

1 BR$1,380▲ 9.5%

2 BR$1,710▲ 12.5%

3 BR$2,170▲ 11.3%

4 BR$2,520▲ 10.5%

FY2027 FY2026

Where 07823 sits in the Warren County, NJ area

Of the 24 ZIP codes HUD lists for the area, 07823 has the 24th highest two-bedroom Small Area FMR. Warren County, NJ is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,021 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,710 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,370	$1,233 – $1,507	$1,614	$1,250
1 bedroom	$1,380	$1,242 – $1,518	$1,624	$1,260
2 bedrooms	$1,710	$1,539 – $1,881	$2,021	$1,520
3 bedrooms	$2,170	$1,953 – $2,387	$2,478	$1,950
4 bedrooms	$2,520	$2,268 – $2,772	$2,937	$2,280

A household renting a two-bedroom home at the Small Area FMR of $1,710 needs about $68,400 a year to keep housing costs at 30% of income. The area median family income is $127,900 and the 80% low-income limit for four people is $102,300. ZIP code 07823 lies mainly in Warren County. See the Warren County, NJ county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
07863	Oxford	4.5 mi	$2,240
07833	Delaware	4.6 mi	$2,120
07882	Washington	5.5 mi	$2,240
18343	Mount Bethel	5.8 mi	$1,480
07844	Hope	6.9 mi	$1,830
18351	Portland	7.2 mi	$1,820

Questions

What is the Fair Market Rent for ZIP code 07823?

HUD's FY2027 Small Area Fair Market Rents for 07823 are $1,370 (studio), $1,380 (1 BR), $1,710 (2 BR), $2,170 (3 BR) and $2,520 (4 BR) a month.

What is the Section 8 payment standard in 07823?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 07823 that range is $1,539 to $1,881 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 07823?

The FY2026 income limits of the Warren County, NJ area apply: median family income $127,900, low-income (80%) limit $102,300 for a family of four.