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Rent by ZIP · Union County

Rent in Garwood, NJ 07027

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,250 (-2.2% vs FY2026). Renters in this ZIP code pay a median $1,753 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,650$1,680-1.8%$1,485–1,815–
1 bedroom$1,860$1,900-2.1%$1,674–2,046$1,510 ±$504
2 bedrooms$2,250$2,300-2.2%$2,025–2,475$1,895 ±$305
3 bedrooms$2,810$2,880-2.4%$2,529–3,091–
4 bedrooms$3,210$3,270-1.8%$2,889–3,531–

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 07027

Median gross rent$1,753±$224 · all sizes
Renter households97046% of occupied homes
No cash rent4households

How rents are spread

Under $1,00013%
$1,000–1,49924%
$1,500–1,99925%
$2,000–2,49913%
$2,500–2,99914%
$3,000–3,4992%
$3,500+9%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07026Garfield$2,140$1,685
07028Glen Ridge$3,220–
07029Harrison$2,860$2,043
07024Fort Lee$3,360$2,679
07030Hoboken$4,190$3,371
07023Fanwood$3,130$2,232

Fair Market Rents across Union 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.