What is the Fair Market Rent in Paramus Borough, NJ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07652, which covers Paramus Borough, is $3,420 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 Paramus Borough is $1,708 (±$981), below the Small Area figure for ZIP 07652.
Figures last updated on .
- 2 bedrooms, whole area
- $2,282
- 2 bedrooms, ZIP 07652
- $3,420
Fair Market Rents for Paramus 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 07652 | $2,660 | $2,980 | $3,420 | $4,150 | $5,240 | $3,032 |
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 Paramus Borough
What is the Section 8 payment standard in Paramus 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 07652 is $3,420.
What is the Fair Market Rent for a two-bedroom in ZIP 07652?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07652 is $3,420 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $3,032 (±$340).
What is the Fair Market Rent for a one-bedroom in Paramus Borough?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07652 is $2,980 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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