Rent in Newark, NJ HUD Metro FMR Area
The Fair Market Rent (FMR) for a two-bedroom home in Newark, NJ HUD Metro FMR Area is $2,205/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Newark, NJ HUD Metro FMR Area has an FMR of $2,205/month (FY2026). That is 126% above the national median of $974. Newark, NJ HUD Metro FMR Area ranks #45 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Newark, NJ HUD Metro FMR Area
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $1,612 |
| 1 bedroom | $1,822 |
| 2 bedrooms | $2,205 |
| 3 bedrooms | $2,761 |
| 4 bedrooms | $3,137 |
Nearby on the rent ranking
- Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area$2,246/mo
- Western Rockingham County, NH HUD Metro FMR Area$2,220/mo
- Pitkin County, CO$2,214/mo
- York-Kittery-South Berwick, ME HUD Metro FMR Area$2,202/mo
- Riverside-San Bernardino-Ontario, CA MSA$2,201/mo
- Portsmouth-Rochester, NH HUD Metro FMR Area$2,194/mo
Frequently asked questions
- How much is rent in Newark, NJ HUD Metro FMR Area?
- The Fair Market Rent (FMR) for a two-bedroom unit in Newark, NJ HUD Metro FMR Area is $2,205 per month for HUD fiscal year 2026. A one-bedroom is $1,822 and a three-bedroom is $2,761 per month.
- What is the studio and one-bedroom Fair Market Rent in Newark, NJ HUD Metro FMR Area?
- For FY2026, HUD's efficiency/studio FMR in Newark, NJ HUD Metro FMR Area is $1,612 per month and the one-bedroom FMR is $1,822 per month.
- How is the Fair Market Rent for Newark, NJ HUD Metro FMR Area calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Newark, NJ HUD Metro FMR Area?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Newark, NJ HUD Metro FMR Area. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Newark, NJ HUD Metro FMR Area compare nationally?
- Newark, NJ HUD Metro FMR Area ranks #45 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.