What is the Fair Market Rent in Little Falls Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07424, which covers Little Falls Township, 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 Little Falls Township is $1,493 (±$409), below the Small Area figure for ZIP 07424.

Figures last updated on .

2 bedrooms, whole area
$2,282
2 bedrooms, ZIP 07424
$2,300

Fair Market Rents for Little Falls Township, 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
Bergen-Passaic, NJ HUD Metro FMR Area (whole area)$1,772$1,987$2,282$2,771$3,497—
ZIP 07424 (49% of the ZIP’s land is in this place)$1,790$2,000$2,300$2,790$3,520$1,841

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 Little Falls Township include the places inside it that have pages of their own: Great Notch, Montclair State University, Singac.

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Questions about Little Falls Township

What is the Section 8 payment standard in Little Falls 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 Bergen-Passaic, NJ HUD Metro FMR Area is $2,282, and the Small Area figure for 07424 is $2,300.

What is the Fair Market Rent for a two-bedroom in ZIP 07424?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07424 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,841 (±$69).

What is the Fair Market Rent for a one-bedroom in Little Falls Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07424 is $2,000 a month, against $1,987 across the Bergen-Passaic, NJ HUD Metro FMR Area.

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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