The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Nutley, NJ 07110's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 07110 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,287 to a high of $1,573, with an average of $1,430.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,485, a maximum of $1,815, and an average of $1,650.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,791, peaking at a maximum of $2,189, and averaging at $1,990.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,268, a maximum of $2,772, and an average of $2,520.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,619 to a maximum of $3,201, with an average of $2,910.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Nutley, NJ 7110 Low Rent (90%) $1,287 $1,485 $1,791 $2,268 $2,619
Average Rent $1,430 $1,650 $1,990 $2,520 $2,910
High Rent(110%) $1,573 $1,815 $2,189 $2,772 $3,201
2024 Nutley, NJ 7110 Low Rent (90%) $1,287 $1,485 $1,791 $2,268 $2,619
Average Rent $1,430 $1,650 $1,990 $2,520 $2,910
High Rent (110%) $1,573 $1,815 $2,189 $2,772 $3,201
2023 Nutley, NJ 7110 Low Rent (90%) $1,062 $1,260 $1,512 $1,917 $2,250
Average Rent $1,180 $1,400 $1,680 $2,130 $2,500
High Rent(110%) $1,298 $1,540 $1,848 $2,343 $2,750
2022 Nutley, NJ 7110 Low Rent (90%) $990 $1,188 $1,440 $1,836 $2,187
Average Rent $1,100 $1,320 $1,600 $2,040 $2,430
High Rent (110%) $1,210 $1,452 $1,760 $2,244 $2,673
2021 Nutley, NJ 7110 Low Rent (90%) $1,098 $1,314 $1,593 $2,034 $2,421
Average Rent $1,220 $1,460 $1,770 $2,260 $2,690
High Rent(110%) $1,342 $1,606 $1,947 $2,486 $2,959
2020 Nutley, NJ 7110 Low Rent (90%) $1,017 $1,197 $1,458 $1,863 $2,196
Average Rent $1,130 $1,330 $1,620 $2,070 $2,440
High Rent (110%) $1,243 $1,463 $1,782 $2,277 $2,684
2019 Nutley, NJ 7110 Low Rent (90%) $1,026 $1,170 $1,422 $1,818 $2,124
Average Rent $1,140 $1,300 $1,580 $2,020 $2,360
High Rent(110%) $1,254 $1,430 $1,738 $2,222 $2,596


Discover Section 8 FMR by zip code