What is the Fair Market Rent in Wayne Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07470, which covers Wayne Township, is $2,670 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 Wayne Township is $2,324 (±$96), below the Small Area figure for ZIP 07470.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,282
2 bedrooms, ZIP 07470: $2,670

Fair Market Rents for Wayne 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
	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 07470 (99% of the ZIP’s land is in this place)	$2,070	$2,330	$2,670	$3,240	$4,090	$2,164

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 Wayne Township include the places inside it that have pages of their own: Packanack Lake, Pines Lake, Preakness, William Paterson University of New Jersey.

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Questions about Wayne Township

What is the Section 8 payment standard in Wayne 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 07470 is $2,670.

What is the Fair Market Rent for a two-bedroom in ZIP 07470?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07470 is $2,670 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,164 (±$86).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07470 is $2,330 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.