What is the Fair Market Rent in Midland Park Borough, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07432, which covers Midland Park Borough, is $2,330 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 Midland Park Borough is $2,000 (±$617), within its margin of the Small Area figure for ZIP 07432.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,282
2 bedrooms, ZIP 07432: $2,330

Fair Market Rents for Midland Park Borough, 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
	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 07432	$1,810	$2,030	$2,330	$2,830	$3,570	$1,853

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.

What you can do on Seayora in Midland Park Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Midland Park Borough beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Midland Park Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Midland Park Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Midland Park Borough

What is the Section 8 payment standard in Midland Park 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 07432 is $2,330.

What is the Fair Market Rent for a two-bedroom in ZIP 07432?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07432 is $2,330 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,853 (±$202).

What is the Fair Market Rent for a one-bedroom in Midland Park Borough?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07432 is $2,030 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.