What is the Fair Market Rent in Greentree, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08003, which covers Greentree, is $2,500 a month.

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 Greentree is $1,481 (±$1,448), within its margin of the Small Area figure for ZIP 08003.

Figures last updated on .

2 bedrooms, whole area
$1,860
2 bedrooms, ZIP 08003
$2,500

Fair Market Rents for Greentree, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (whole area)$1,438$1,558$1,860$2,216$2,445—
ZIP 08003 (37% of the ZIP’s land is in this place)$1,930$2,090$2,500$2,980$3,290$1,638

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.

Greentree is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Cherry Hill Township, whose figures include it.

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Questions about Greentree

What is the Section 8 payment standard in Greentree?

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 08003 is $2,500.

What is the Fair Market Rent for a two-bedroom in ZIP 08003?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08003 is $2,500 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,638 (±$606).

What is the Fair Market Rent for a one-bedroom in Greentree?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08003 is $2,090 a month, against $1,558 across the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA.

Sources

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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