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
| 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 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
- 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
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- Median rent in Little Falls Township
- Rent by bedrooms in Little Falls Township
- Rent burden in Little Falls Township
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- Income and affordability in Little Falls Township
- Home values in Little Falls Township
- Homeowner costs in Little Falls Township
- Property taxes in Little Falls Township
- Types of homes in Little Falls Township
- Bedrooms in Little Falls Township
- Age of homes in Little Falls Township
- Vacancy rate in Little Falls Township
- Heating fuel in Little Falls Township
- Commute and cars in Little Falls Township
- Crime reported to police in Little Falls Township
- Population growth in Little Falls Township
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- Local landlord and tenant rules in Little Falls Township
- New Jersey landlord and tenant rules
- Housing across Passaic County
- Housing data for every place in New Jersey