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RentData.org Logo Bergen-Passaic Fair Market Rent FY 2021 Bergen-Passaic, NJ HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Bergen-Passaic, NJ :
$1,253 $1,503 $1,768 $2,199 $2,724
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Bergen-Passaic are very high compared to the national average. This FMR area is more expensive than 98% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bergen-Passaic is $1,768 per month.

The previous year, rent for a two-bedroom home was $1,623 per month. This is a 8.93% increase year-over-year.

This FMR rate applies to Teterboro, NJ, Alpine, NJ, South Hackensack, NJ, Moonachie, NJ, Haworth, NJ, Ho Ho Kus, NJ, Northvale, NJ, Harrington Park, NJ, Demarest, NJ, Norwood, NJ and other cities within the region. The Metro Code or CBSA code for this region is METRO35620MM0875.

Additionally, This Fair Market Rent (FMR) area Bergen-Passaic, NJ HUD Metro FMR Area spans one county or city in New Jersey which is listed in the table below. Estimated population of Bergen-Passaic, NJ HUD Metro FMR Area FMR area is 937,920 people based on latest Census data.

Compared to the rest of New Jersey, the Bergen-Passaic FMR area is more expensive than 90% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bergen-Passaic. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bergen-Passaic

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1341
1-BR 1-Bedroom $ 1608
2-BR 2-Bedroom $ 1892
3-BR 3-Bedroom $ 2353
4-BR 4-Bedroom $ 2915
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Bergen-Passaic, NJ HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: New York.

County / Region Est. Population
Bergen-Passaic, NJ Metro 937,920
Zip Codes in Bergen-Passaic, NJ HUD Metro FMR Area

There are 76 unique zip codes in this Fair Market Rent (FMR) area:

07010, 07020, 07022, 07024, 07026, 07031, 07032, 07047, 07055, 07057, 07070, 07071, 07072, 07073, 07074, 07075, 07401, 07407, 07410, 07417, 07423, 07430, 07432, 07436, 07446, 07450, 07451, 07452, 07458, 07463, 07481, 07495, 07506, 07508, 07601, 07602, 07603, 07604, 07605, 07606, 07607, 07608, 07620, 07621, 07624, 07626, 07627, 07628, 07630, 07631, 07632, 07640, 07641, 07642, 07643, 07644, 07645, 07646, 07647, 07648, 07649, 07650, 07652, 07653, 07656, 07657, 07660, 07661, 07662, 07663, 07666, 07670, 07675, 07676, 07677 and 07699

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