What is the Fair Market Rent in Hillsdale Borough, NJ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07642, which covers Hillsdale Borough, is $2,300 a month.
Across the whole Bergen-Passaic, NJ HUD Metro FMR Area the two-bedroom figure is $2,282.
The Census Bureau’s median gross rent for a two-bedroom home in Hillsdale Borough is $2,163 (±$447), within its margin of the Small Area figure for ZIP 07642.
Figures last updated on .
- 2 bedrooms, whole area
- $2,282
- 2 bedrooms, ZIP 07642
- $2,300
Fair Market Rents for Hillsdale Borough, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Bergen-Passaic, NJ HUD Metro FMR Area (whole area) | $1,772 | $1,987 | $2,282 | $2,771 | $3,497 | — |
| ZIP 07642 | $1,790 | $2,000 | $2,300 | $2,790 | $3,520 | $1,764 |
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.
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Questions about Hillsdale Borough
What is the Section 8 payment standard in Hillsdale Borough?
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 Bergen-Passaic, NJ HUD Metro FMR Area is $2,282, and the Small Area figure for 07642 is $2,300.
What is the Fair Market Rent for a two-bedroom in ZIP 07642?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07642 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,764 (±$261).
What is the Fair Market Rent for a one-bedroom in Hillsdale Borough?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07642 is $2,000 a month, against $1,987 across the Bergen-Passaic, NJ HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Bergen-Passaic, NJ HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Bergen-Passaic, NJ HUD Metro FMR Area
- 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 .
Related
- Housing in Hillsdale Borough at a glance
- Median rent in Hillsdale Borough
- Rent by bedrooms in Hillsdale Borough
- Rent burden in Hillsdale Borough
- Renters and owners in Hillsdale Borough
- Income and affordability in Hillsdale Borough
- Home values in Hillsdale Borough
- Homeowner costs in Hillsdale Borough
- Property taxes in Hillsdale Borough
- Types of homes in Hillsdale Borough
- Bedrooms in Hillsdale Borough
- Age of homes in Hillsdale Borough
- Heating fuel in Hillsdale Borough
- Commute and cars in Hillsdale Borough
- Crime reported to police in Hillsdale Borough
- Population growth in Hillsdale Borough
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- New Jersey landlord and tenant rules
- Housing across Bergen County
- Housing data for every place in New Jersey