Morris County, NJ Fair Market Rent FY2027

Part of the Newark, NJ metro FMR area. Fair Market Rents apply from October 1, 2026.

$1,637Efficiency +1.6%
$1,8501 bedroom +1.5%
$2,2332 bedrooms +1.3%
$2,7853 bedrooms +0.9%
$3,1884 bedrooms +1.6%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$1,637$1,612+1.6%
1 bedroom$1,850$1,822+1.5%
2 bedrooms$2,233$2,205+1.3%
3 bedrooms$2,785$2,761+0.9%
4 bedrooms$3,188$3,137+1.6%

FY2026 income limits

Median family income: $138,400

Household size12345678
Extremely low (30%)$29,050$33,200$37,350$41,500$44,850$48,150$51,500$55,720
Very low (50%)$48,450$55,400$62,300$69,200$74,750$80,300$85,850$91,350
Low income (80%)$74,800$85,450$96,150$106,800$115,350$123,900$132,450$141,000

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $4101983FY1985: $450FY1986: $495FY1987: $530FY1988: $563FY1989: $6341989FY1990: $665FY1991: $701FY1992: $740FY1993: $765FY1994: $8401994FY1995: $828FY1996: $786FY1997: $806FY1998: $829FY1999: $8201999FY2000: $846FY2001: $936FY2002: $913FY2003: $949FY2004: $9872004FY2005: $1,020FY2006: $1,004FY2007: $1,063FY2008: $1,103FY2009: $1,2132009FY2010: $1,279FY2011: $1,233FY2012: $1,289FY2013: $1,202FY2014: $1,2652014FY2015: $1,269FY2016: $1,324FY2017: $1,288FY2018: $1,314FY2019: $1,4472019FY2020: $1,483FY2021: $1,643FY2022: $1,479FY2023: $1,606FY2024: $1,9162024FY2025: $2,140FY2026: $2,205FY2027: $2,2332027

Small Area FMRs by ZIP code

ZIP1 BR2 BR3 BR
07003$2,150$2,600$3,240
07004$2,780$3,350$4,180
07005$2,040$2,460$3,070
07006$2,200$2,650$3,300
07007$1,750$2,110$2,630
07009$2,090$2,520$3,140
07016$2,380$2,870$3,580
07017$1,640$1,990$2,490
07018$1,740$2,100$2,620
07019$1,750$2,110$2,630
07021$2,370$2,860$3,560
07023$2,590$3,130$3,900
07027$1,860$2,250$2,810
07028$2,670$3,220$4,020
07033$2,250$2,710$3,380
07034$1,640$1,990$2,490
07035$1,990$2,400$2,990
07036$1,790$2,160$2,690
07039$2,780$3,350$4,180
07040$2,380$2,870$3,580
07041$2,180$2,630$3,280
07042$2,440$2,940$3,670
07043$2,640$3,190$3,970
07044$2,380$2,870$3,580
07045$2,300$2,770$3,450
07046$2,060$2,480$3,100
07050$1,910$2,310$2,880
07051$1,750$2,110$2,630
07052$2,090$2,520$3,140
07054$2,190$2,640$3,290
07058$2,620$3,160$3,940
07060$1,930$2,360$2,890
07061$1,910$2,300$2,870
07062$2,040$2,470$3,070
07063$2,000$2,430$3,000
07065$2,040$2,460$3,070
07066$1,960$2,370$2,960
07067$2,250$2,800$3,340
07068$2,780$3,350$4,180
07076$2,140$2,580$3,220
07078$2,780$3,350$4,180
07079$2,580$3,120$3,890
07081$2,430$2,930$3,650
07082$2,220$2,670$3,330
07083$2,260$2,730$3,400
07088$2,310$2,790$3,480
07090$2,540$3,060$3,820
07091$1,910$2,300$2,870
07092$2,460$2,960$3,690
07101$1,750$2,110$2,630
07102$1,640$1,990$2,490
07103$1,650$1,990$2,490
07104$1,640$1,990$2,490
07105$1,670$2,020$2,520
07106$1,640$1,990$2,490
07107$1,640$1,990$2,490
07108$1,640$1,990$2,490
07109$1,910$2,300$2,870
07110$1,910$2,310$2,880
07111$1,690$2,040$2,540
07112$1,640$1,990$2,490
07114$1,650$1,990$2,490
07201$1,640$1,990$2,490
07202$1,810$2,180$2,720
07203$1,710$2,060$2,570
07204$1,740$2,100$2,620
07205$1,900$2,290$2,860
07206$1,760$2,120$2,640
07207$1,910$2,300$2,870
07208$1,760$2,130$2,660
07405$1,850$2,230$2,780
07416$1,640$1,990$2,490
07418$1,700$2,060$2,570
07419$1,940$2,340$2,920
07421$2,460$2,820$3,430
07422$1,980$2,350$2,900
07424$2,000$2,300$2,790
07428$1,740$2,100$2,620
07435$1,830$2,180$2,700
07438$1,840$2,210$2,750
07439$1,660$2,000$2,490
07440$2,200$2,640$3,280
07444$2,370$2,860$3,570
07457$2,720$3,280$4,090
07460$2,400$2,900$3,620
07461$1,640$1,990$2,490
07462$1,790$2,160$2,690
07801$2,010$2,430$3,030
07802$2,110$2,550$3,180
07803$2,040$2,460$3,070
07806$2,110$2,550$3,180
07821$1,820$2,200$2,740
07822$1,770$2,140$2,670
07825$1,900$2,360$2,890
07826$1,920$2,320$2,890
07827$1,640$1,990$2,490
07828$1,700$2,050$2,560
07830$1,910$2,370$2,840
07832$2,030$2,520$3,090
07834$2,020$2,440$3,040
07836$2,110$2,550$3,180
07837$1,740$2,100$2,620
07839$1,740$2,100$2,620
07840$1,680$2,070$2,550
07842$2,040$2,460$3,070
07843$1,950$2,350$2,930
07845$2,110$2,550$3,180
07847$2,390$2,880$3,590
07848$1,640$1,990$2,490
07849$1,830$2,210$2,760
07850$1,900$2,290$2,860
07851$1,640$1,990$2,490
07852$2,120$2,560$3,190
07853$1,910$2,310$2,880
07855$1,740$2,100$2,620
07856$2,630$3,170$3,950
07857$1,640$1,990$2,490
07860$1,670$2,010$2,510
07865$2,070$2,550$3,210
07866$1,980$2,390$2,980
07869$2,000$2,410$3,010
07870$1,800$2,200$2,730
07871$2,120$2,560$3,190
07874$2,000$2,410$3,010
07875$1,740$2,100$2,620
07876$2,580$3,120$3,890
07877$1,740$2,100$2,620
07878$2,690$3,250$4,050
07879$1,740$2,100$2,620
07881$1,640$1,990$2,490
07885$2,110$2,550$3,180
07901$2,510$3,030$3,780
07902$1,910$2,300$2,870
07920$2,720$3,390$4,040
07922$2,420$2,960$3,620
07924$2,490$3,110$3,710
07926$2,770$3,340$4,170
07927$2,780$3,350$4,180
07928$2,690$3,250$4,050
07930$2,130$2,570$3,210
07931$2,410$2,980$3,600
07932$2,780$3,350$4,180
07933$2,140$2,610$3,220
07934$2,200$2,750$3,280
07935$2,730$3,300$4,120
07936$2,780$3,350$4,180
07940$2,520$3,040$3,790
07945$2,470$2,980$3,730
07946$2,380$2,940$3,540
07950$2,780$3,350$4,180
07960$2,770$3,340$4,170
07961$2,680$3,240$4,040
07962$2,110$2,550$3,180
07963$2,110$2,550$3,180
07970$2,420$2,910$3,640
07974$2,170$2,620$3,270
07976$2,110$2,550$3,180
07980$1,790$2,160$2,690
07981$2,780$3,350$4,180
08812$2,040$2,550$3,040
08854$2,280$2,840$3,380

All ZIP codes in the Newark, NJ FMR area.

Questions and answers

What is the Fair Market Rent in Morris County, NJ for FY2027?

HUD set the FY2027 Fair Market Rents for Morris County, NJ at $1,637 for an efficiency, $1,850 for one bedroom, $2,233 for two bedrooms, $2,785 for three and $3,188 for four bedrooms.

How much did Fair Market Rent change in Morris County, NJ?

The two-bedroom FMR changed from $2,205 in FY2026 to $2,233 in FY2027 (+1.3%).

What are the HUD income limits for Morris County, NJ?

For FY2026 the median family income is $138,400. The low-income (80%) limit for a family of four is $106,800, very low income (50%) $69,200 and extremely low income $41,500.