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Passaic County, NJ

2023 Fair Market Rents

Tags: 2023 SAFMRS Bergen-Passaic, NJ HUD Metro FMR Area

Return to the state page to see where New Jersey ranks nationally and to view information on other counties. Click on the map to view a different county.

The top 4 largest cities in Passaic County are Wayne, Clifton, Paterson, and West Milford. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Passaic County use?

Passaic County is determined by the HUD to use Small Area Fair Market Rents. 40th percentile FMRs still exist for this county but they are not used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Passaic County compare?

Passaic County ($1,832) has a 10.3% higher FMR for 2-Bedroom housing than the average of New Jersey ($1,661) and therefore a higher gross rent.

Passaic County is rank 2nd out of 21 counties. This means the FMRs, or in other words, the gross rent is higher than 19 other counties. Passaic County is the 2nd most expensive county in terms of FMRs.

Rent Tables Passaic County, NJ

Fair Market Rent (40th Percentile)

$1,321
studio
$1,579
1-Bedroom
$1,832
2-Bedroom
$2,275
3-Bedroom
$2,859
4-Bedroom

Median Rent (50th Percentile)

$1,428
studio
$1,706
1-Bedroom
$1,980
2-Bedroom
$2,459
3-Bedroom
$3,090
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
07011 $1,330 $1,590 $1,840 $2,280 $2,870
07012 $1,320 $1,580 $1,830 $2,270 $2,860
07013 $1,270 $1,520 $1,760 $2,190 $2,750
07014 $1,490 $1,780 $2,070 $2,570 $3,230
07015 $1,220 $1,460 $1,690 $2,100 $2,640
07420 $1,380 $1,650 $1,920 $2,380 $3,000
07421 $1,700 $2,030 $2,360 $2,940 $3,670
07442 $1,410 $1,690 $1,960 $2,430 $3,060
07456 $1,720 $2,060 $2,390 $2,970 $3,730
07465 $1,490 $1,780 $2,070 $2,570 $3,230
07470 $1,520 $1,820 $2,110 $2,620 $3,290
07474 $1,220 $1,460 $1,690 $2,100 $2,640
07480 $1,410 $1,690 $1,960 $2,430 $3,060
07501 $1,080 $1,290 $1,500 $1,860 $2,340
07502 $1,200 $1,430 $1,660 $2,060 $2,590
07503 $1,180 $1,400 $1,630 $2,020 $2,540
07504 $1,190 $1,420 $1,650 $2,050 $2,570
07505 $960 $1,150 $1,330 $1,650 $2,080
07507 $1,220 $1,460 $1,690 $2,100 $2,640
07509 $1,220 $1,460 $1,690 $2,100 $2,640
07511 $1,220 $1,460 $1,690 $2,100 $2,640
07512 $1,410 $1,690 $1,960 $2,430 $3,060
07513 $1,230 $1,460 $1,700 $2,110 $2,650
07514 $1,130 $1,340 $1,560 $1,940 $2,430
07522 $1,130 $1,350 $1,570 $1,950 $2,450
07524 $1,130 $1,340 $1,560 $1,940 $2,430
07538 $1,220 $1,460 $1,690 $2,100 $2,640
07543 $1,220 $1,460 $1,690 $2,100 $2,640
07544 $1,220 $1,460 $1,690 $2,100 $2,640
07421 $1,700 $2,030 $2,360 $2,940 $3,670
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
07011 $1,197 $1,431 $1,656 $2,052 $2,583
07012 $1,188 $1,422 $1,647 $2,043 $2,574
07013 $1,143 $1,368 $1,584 $1,971 $2,475
07014 $1,341 $1,602 $1,863 $2,313 $2,907
07015 $1,098 $1,314 $1,521 $1,890 $2,376
07420 $1,242 $1,485 $1,728 $2,142 $2,700
07421 $1,530 $1,827 $2,124 $2,646 $3,303
07442 $1,269 $1,521 $1,764 $2,187 $2,754
07456 $1,548 $1,854 $2,151 $2,673 $3,357
07465 $1,341 $1,602 $1,863 $2,313 $2,907
07470 $1,368 $1,638 $1,899 $2,358 $2,961
07474 $1,098 $1,314 $1,521 $1,890 $2,376
07480 $1,269 $1,521 $1,764 $2,187 $2,754
07501 $972 $1,161 $1,350 $1,674 $2,106
07502 $1,080 $1,287 $1,494 $1,854 $2,331
07503 $1,062 $1,260 $1,467 $1,818 $2,286
07504 $1,071 $1,278 $1,485 $1,845 $2,313
07505 $864 $1,035 $1,197 $1,485 $1,872
07507 $1,098 $1,314 $1,521 $1,890 $2,376
07509 $1,098 $1,314 $1,521 $1,890 $2,376
07511 $1,098 $1,314 $1,521 $1,890 $2,376
07512 $1,269 $1,521 $1,764 $2,187 $2,754
07513 $1,107 $1,314 $1,530 $1,899 $2,385
07514 $1,017 $1,206 $1,404 $1,746 $2,187
07522 $1,017 $1,215 $1,413 $1,755 $2,205
07524 $1,017 $1,206 $1,404 $1,746 $2,187
07538 $1,098 $1,314 $1,521 $1,890 $2,376
07543 $1,098 $1,314 $1,521 $1,890 $2,376
07544 $1,098 $1,314 $1,521 $1,890 $2,376
07421 $1,530 $1,827 $2,124 $2,646 $3,303
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
07011 $1,463 $1,749 $2,024 $2,508 $3,157
07012 $1,452 $1,738 $2,013 $2,497 $3,146
07013 $1,397 $1,672 $1,936 $2,409 $3,025
07014 $1,639 $1,958 $2,277 $2,827 $3,553
07015 $1,342 $1,606 $1,859 $2,310 $2,904
07420 $1,518 $1,815 $2,112 $2,618 $3,300
07421 $1,870 $2,233 $2,596 $3,234 $4,037
07442 $1,551 $1,859 $2,156 $2,673 $3,366
07456 $1,892 $2,266 $2,629 $3,267 $4,103
07465 $1,639 $1,958 $2,277 $2,827 $3,553
07470 $1,672 $2,002 $2,321 $2,882 $3,619
07474 $1,342 $1,606 $1,859 $2,310 $2,904
07480 $1,551 $1,859 $2,156 $2,673 $3,366
07501 $1,188 $1,419 $1,650 $2,046 $2,574
07502 $1,320 $1,573 $1,826 $2,266 $2,849
07503 $1,298 $1,540 $1,793 $2,222 $2,794
07504 $1,309 $1,562 $1,815 $2,255 $2,827
07505 $1,056 $1,265 $1,463 $1,815 $2,288
07507 $1,342 $1,606 $1,859 $2,310 $2,904
07509 $1,342 $1,606 $1,859 $2,310 $2,904
07511 $1,342 $1,606 $1,859 $2,310 $2,904
07512 $1,551 $1,859 $2,156 $2,673 $3,366
07513 $1,353 $1,606 $1,870 $2,321 $2,915
07514 $1,243 $1,474 $1,716 $2,134 $2,673
07522 $1,243 $1,485 $1,727 $2,145 $2,695
07524 $1,243 $1,474 $1,716 $2,134 $2,673
07538 $1,342 $1,606 $1,859 $2,310 $2,904
07543 $1,342 $1,606 $1,859 $2,310 $2,904
07544 $1,342 $1,606 $1,859 $2,310 $2,904
07421 $1,870 $2,233 $2,596 $3,234 $4,037

Fair Market Rents on this page apply to the following cities in Passaic County, New Jersey: Wayne, Clifton, Paterson, West Milford, Ringwood, Pompton Lakes, Totowa, Hewitt, Wanaque, Haskell, Hawthorne, and Haledon.

These Fair Market Rents also apply to the following ZIP codes in Passaic County, New Jersey: 07470, 07011, 07013, 07501, 07522, 07503, 07480, 07514, 07502, 07456, 07012, 07504, 07524, 07513, 07442, 07512, 07421, 07465, 07014, and 07420.

Passaic County, NJ is considered part of the following metro FMR area: BERGEN-PASSAIC, NJ HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Bergen County, NJ.

More on Passaic County, NJ

Want to learn more about Passaic County, NJ? See Loan Limits in Passaic County, NJ to view maximum loan amounts or click here to find a Public Housing Authority near Passaic County, NJ who can help with finding affordable housing near you.

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Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.


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