What is the Fair Market Rent in Jersey City, NJ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,460 to $4,190 a month across the 7 ZIP codes that cover Jersey City.
By ZIP code: 07302 $4,190, 07304 $2,520, 07305 $2,460, 07306 $2,600, 07310 $4,190, 07311 $4,190, 07307 $2,770.
Across the whole Jersey City, NJ HUD Metro FMR Area the two-bedroom figure is $2,792.
The Census Bureau’s median gross rent for a two-bedroom home in Jersey City is $1,932 (±$43), below the Small Area figure for ZIP 07302.
Figures last updated on .
- 2 bedrooms, whole area
- $2,792
- 2 bedrooms, ZIP 07302
- $4,190
- 2 bedrooms, ZIP 07304
- $2,520
- 2 bedrooms, ZIP 07305
- $2,460
Fair Market Rents for Jersey City, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Jersey City, NJ HUD Metro FMR Area (whole area) | $2,462 | $2,514 | $2,792 | $3,392 | $3,976 | — |
| ZIP 07302 | $3,690 | $3,770 | $4,190 | $5,090 | $5,970 | $3,093 |
| ZIP 07304 | $2,220 | $2,270 | $2,520 | $3,060 | $3,590 | $1,661 |
| ZIP 07305 | $2,170 | $2,210 | $2,460 | $2,990 | $3,500 | $1,712 |
| ZIP 07306 | $2,290 | $2,340 | $2,600 | $3,160 | $3,700 | $1,694 |
| ZIP 07310 | $3,690 | $3,770 | $4,190 | $5,090 | $5,970 | $3,500 or more |
| ZIP 07311 | $3,690 | $3,770 | $4,190 | $5,090 | $5,970 | $3,500 or more |
| ZIP 07307 (99% of the ZIP’s land is in this place) | $2,440 | $2,490 | $2,770 | $3,370 | $3,940 | $1,780 |
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 Jersey City
What is the Section 8 payment standard in Jersey City?
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 Jersey City, NJ HUD Metro FMR Area is $2,792, and the Small Area figure for 07302 is $4,190.
What is the Fair Market Rent for a two-bedroom in ZIP 07302?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07302 is $4,190 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $3,093 (±$88).
What is the Fair Market Rent for a two-bedroom in ZIP 07304?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07304 is $2,520 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,661 (±$63).
What is the Fair Market Rent for a two-bedroom in ZIP 07305?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07305 is $2,460 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,712 (±$56).
What is the Fair Market Rent for a one-bedroom in Jersey City?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07302 is $3,770 a month, against $2,514 across the Jersey City, NJ HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Jersey City, NJ HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Jersey City, 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 .
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