Rent by ZIP · Morris County
Rent in Boonton, NJ 07005
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,460 (+1.2% vs FY2026). Renters in this ZIP code pay a median $1,869 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,800 | $1,780 | +1.1% | $1,620–1,980 | $2,357 ±$1,175 |
| 1 bedroom | $2,040 | $2,010 | +1.5% | $1,836–2,244 | $1,604 ±$150 |
| 2 bedrooms | $2,460 | $2,430 | +1.2% | $2,214–2,706 | $1,755 ±$48 |
| 3 bedrooms | $3,070 | $3,040 | +1% | $2,763–3,377 | $2,331 ±$261 |
| 4 bedrooms | $3,510 | $3,460 | +1.4% | $3,159–3,861 | – |
Small Area FMRs for the Newark, NJ HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Newark, NJ HUD Metro FMR Area, 2 bedrooms: $2,233.
What renters pay in 07005
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 07004 | Fairfield | $3,350 | $2,823 |
| 07006 | Caldwell | $2,650 | $2,475 |
| 07003 | Bloomfield | $2,600 | $2,099 |
| 07002 | Bayonne | $2,500 | $1,682 |
| 07008 | Carteret | $2,880 | $2,182 |
| 07001 | Avenel | $2,710 | $2,240 |
Fair Market Rents across Morris County, NJ · All NJ counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.