FY2027 Small Area FMR · Clayton, NJ

ZIP 08312 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08312 (Clayton, NJ) is $1,600 a month, down 1.2% from FY2026. That is 14% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area-wide FMR of $1,860.

2-bedroom SAFMR$1,600per month ▼ 1.2%

Area-wide 2 BR FMR$1,860Philadelphia-Camden-Wilmingt

Rank in the area400thof 473 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,440

2 BR Small Area FMR$1,600

110% of SAFMR$1,760

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

Studio$1,240▼ 0.8%

1 BR$1,340▼ 1.5%

2 BR$1,600▼ 1.2%

3 BR$1,910▼ 1.5%

4 BR$2,100▼ 3.2%

FY2027 FY2026

Where 08312 sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area

Of the 473 ZIP codes HUD lists for the area, 08312 has the 400th highest two-bedroom Small Area FMR. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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 $1,440 and $1,760 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,240	$1,116 – $1,364	$1,438	$1,250
1 bedroom	$1,340	$1,206 – $1,474	$1,558	$1,360
2 bedrooms	$1,600	$1,440 – $1,760	$1,860	$1,620
3 bedrooms	$1,910	$1,719 – $2,101	$2,216	$1,940
4 bedrooms	$2,100	$1,890 – $2,310	$2,445	$2,170

A household renting a two-bedroom home at the Small Area FMR of $1,600 needs about $64,000 a year to keep housing costs at 30% of income. The area median family income is $122,700 and the 80% low-income limit for four people is $98,150. ZIP code 08312 lies mainly in Gloucester County. See the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
08028	Glassboro	3.3 mi	$2,090
08322	Franklinville	3.9 mi	$1,990
08343	Monroeville	5.3 mi	$2,030
08071	Pitman	5.6 mi	$1,870
08328	Malaga	5.9 mi	$1,940
08074	Richwood	5.9 mi	$1,750

Questions

What is the Fair Market Rent for ZIP code 08312?

HUD's FY2027 Small Area Fair Market Rents for 08312 are $1,240 (studio), $1,340 (1 BR), $1,600 (2 BR), $1,910 (3 BR) and $2,100 (4 BR) a month.

What is the Section 8 payment standard in 08312?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08312 that range is $1,440 to $1,760 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08312?

The FY2026 income limits of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area apply: median family income $122,700, low-income (80%) limit $98,150 for a family of four.