New Jersey · FIPS 34013 · HUD FY 2027
Essex County, New Jersey Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Essex County is $2,233 a month (rent plus utilities), 2% below the New Jersey average of $2,268 and 27% above the U.S. average of $1,761. That is up $28 (1.3%) from FY 2026. At 30% of income, a household needs about $89,320 a year to afford it.
- $2,2332-bedroom FMR+$28 (+1.3%) vs FY 2026
- $1,8501-bedroom FMRNew Jersey: $1,891 · U.S.: $1,478
- $89,320Income for a 2-bedroom$43/hour full-time
- 10 of 212BR rank in New Jersey1 = highest rent
| Unit | Essex County FY 2027 | FY 2026 | Change | New Jersey avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,637 | $1,612 | +$25 (+1.6%) | $1,725 | $1,379 | $65,480 |
| 1 bedroom | $1,850 | $1,822 | +$28 (+1.5%) | $1,891 | $1,478 | $74,000 |
| 2 bedrooms | $2,233 | $2,205 | +$28 (+1.3%) | $2,268 | $1,761 | $89,320 |
| 3 bedrooms | $2,785 | $2,761 | +$24 (+0.9%) | $2,793 | $2,266 | $111,400 |
| 4 bedrooms | $3,188 | $3,137 | +$51 (+1.6%) | $3,206 | $2,607 | $127,520 |
How Essex County compares
- HUD sets this rent for the Newark, NJ metro FMR area, which covers 2,102,627 residents in 4 counties.
- Across New Jersey, 2-bedroom FMRs run from $1,704 (Cumberland County) to $2,792 (Hudson County).
- Studio to 4-bedroom: $1,637, $1,850, $2,233, $2,785, $3,188. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 31 ZIP codes mostly in Essex County (by land area), the 2-bedroom figure ranges from $1,990 to $3,350.
Small Area FMRs by ZIP code in Essex County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 07003 | $1,910 | $2,150 | $2,600 | $3,240 | $3,710 | +$110 (+4.4%) | 16% above |
| 07004 | $2,460 | $2,780 | $3,350 | $4,180 | $4,780 | +$40 (+1.2%) | 50% above |
| 07006 | $1,940 | $2,200 | $2,650 | $3,300 | $3,780 | −$20 (−0.7%) | 19% above |
| 07009 | $1,850 | $2,090 | $2,520 | $3,140 | $3,600 | +$70 (+2.9%) | 13% above |
| 07017 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$20 (+1.0%) | 11% below |
| 07018 | $1,540 | $1,740 | $2,100 | $2,620 | $3,000 | +$20 (+1.0%) | 6% below |
| 07021 | $2,090 | $2,370 | $2,860 | $3,560 | $4,080 | +$10 (+0.4%) | 28% above |
| 07028 | $2,360 | $2,670 | $3,220 | $4,020 | $4,600 | +$290 (+9.9%) | 44% above |
| 07039 | $2,460 | $2,780 | $3,350 | $4,180 | $4,780 | +$40 (+1.2%) | 50% above |
| 07040 | $2,100 | $2,380 | $2,870 | $3,580 | $4,100 | +$10 (+0.3%) | 29% above |
| 07041 | $1,930 | $2,180 | $2,630 | $3,280 | $3,750 | −$50 (−1.9%) | 18% above |
| 07042 | $2,160 | $2,440 | $2,940 | $3,670 | $4,200 | +$50 (+1.7%) | 32% above |
| 07043 | $2,340 | $2,640 | $3,190 | $3,970 | $4,560 | −$120 (−3.6%) | 43% above |
| 07044 | $2,100 | $2,380 | $2,870 | $3,580 | $4,100 | +$50 (+1.8%) | 29% above |
| 07050 | $1,690 | $1,910 | $2,310 | $2,880 | $3,300 | +$120 (+5.5%) | 3% above |
| 07052 | $1,850 | $2,090 | $2,520 | $3,140 | $3,600 | −$20 (−0.8%) | 13% above |
| 07068 | $2,460 | $2,780 | $3,350 | $4,180 | $4,780 | +$40 (+1.2%) | 50% above |
| 07078 | $2,460 | $2,780 | $3,350 | $4,180 | $4,780 | +$340 (+11.3%) | 50% above |
| 07079 | $2,290 | $2,580 | $3,120 | $3,890 | $4,450 | +$10 (+0.3%) | 40% above |
| 07102 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$60 (+3.1%) | 11% below |
| 07103 | $1,460 | $1,650 | $1,990 | $2,490 | $2,840 | +$60 (+3.1%) | 11% below |
| 07104 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$60 (+3.1%) | 11% below |
| 07105 | $1,480 | $1,670 | $2,020 | $2,520 | $2,880 | +$70 (+3.6%) | 10% below |
| 07106 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$60 (+3.1%) | 11% below |
| 07107 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$60 (+3.1%) | 11% below |
| 07108 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$60 (+3.1%) | 11% below |
| 07109 | $1,690 | $1,910 | $2,300 | $2,870 | $3,280 | no change | 3% above |
| 07110 | $1,690 | $1,910 | $2,310 | $2,880 | $3,300 | +$30 (+1.3%) | 3% above |
| 07111 | $1,500 | $1,690 | $2,040 | $2,540 | $2,910 | +$100 (+5.2%) | 9% below |
| 07112 | $1,460 | $1,640 | $1,990 | $2,490 | $2,830 | +$60 (+3.1%) | 11% below |
| 07114 | $1,460 | $1,650 | $1,990 | $2,490 | $2,840 | +$60 (+3.1%) | 11% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.