What is the Fair Market Rent in West Milford Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,920 to $2,900 a month across the 4 ZIP codes that cover West Milford Township.

By ZIP code: 07480 $1,920, 07421 $2,820, 07435 $2,180, 07460 $2,900.

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 West Milford Township is $1,894 (±$176), within its margin of the Small Area figure for ZIP 07480.

Figures last updated on .

2 bedrooms, whole area
$2,282
2 bedrooms, ZIP 07480
$1,920
2 bedrooms, ZIP 07421
$2,820
2 bedrooms, ZIP 07435
$2,180

Fair Market Rents for West Milford 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 07480$1,490$1,670$1,920$2,330$2,940$1,484
ZIP 07421 (92% of the ZIP’s land is in this place)$2,190$2,460$2,820$3,430$4,320$2,166
ZIP 07435 (65% of the ZIP’s land is in this place)$1,630$1,830$2,180$2,700$3,180$1,996
ZIP 07460 (33% of the ZIP’s land is in this place)$2,130$2,400$2,900$3,620$4,140—

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 West Milford Township include the places inside it that have pages of their own: Hewitt, Macopin, Newfoundland, Upper Greenwood Lake.

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Questions about West Milford Township

What is the Section 8 payment standard in West Milford 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 07480 is $1,920.

What is the Fair Market Rent for a two-bedroom in ZIP 07480?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07480 is $1,920 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,484 (±$242).

What is the Fair Market Rent for a two-bedroom in ZIP 07421?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07421 is $2,820 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,166 (±$155).

What is the Fair Market Rent for a two-bedroom in ZIP 07435?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07435 is $2,180 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,996 (±$1,228).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07480 is $1,670 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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