What is the Fair Market Rent in Florence Township, NJ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,650 to $2,220 a month across the 2 ZIP codes that cover Florence Township.
By ZIP code: 08554 $2,220, 08518 $1,650.
Across the whole Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA the two-bedroom figure is $1,860.
The Census Bureau’s median gross rent for a two-bedroom home in Florence Township is $1,395 (±$69), below the Small Area figure for ZIP 08554.
Figures last updated on .
- 2 bedrooms, whole area
- $1,860
- 2 bedrooms, ZIP 08554
- $2,220
- 2 bedrooms, ZIP 08518
- $1,650
Fair Market Rents for Florence Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (whole area) | $1,438 | $1,558 | $1,860 | $2,216 | $2,445 | — |
| ZIP 08554 | $1,720 | $1,860 | $2,220 | $2,650 | $2,920 | $1,818 |
| ZIP 08518 (95% of the ZIP’s land is in this place) | $1,280 | $1,380 | $1,650 | $1,970 | $2,170 | $1,359 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
The figures for Florence Township include the places inside it that have pages of their own: Florence, Roebling.
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Questions about Florence Township
What is the Section 8 payment standard in Florence Township?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA is $1,860, and the Small Area figure for 08554 is $2,220.
What is the Fair Market Rent for a two-bedroom in ZIP 08554?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08554 is $2,220 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,818 (±$685).
What is the Fair Market Rent for a two-bedroom in ZIP 08518?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08518 is $1,650 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,359 (±$79).
What is the Fair Market Rent for a one-bedroom in Florence Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08554 is $1,860 a month, against $1,558 across the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA.
Sources
- HUD Fair Market Rents, fiscal year 2027: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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