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Rent by ZIP · Essex County

Rent in Montclair, NJ 07043

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,190 (-3.6% vs FY2026). Renters in this ZIP code pay a median $2,220 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,340$2,420-3.3%$2,106–2,574–
1 bedroom$2,640$2,740-3.6%$2,376–2,904$1,727 ±$65
2 bedrooms$3,190$3,310-3.6%$2,871–3,509$2,670 ±$219
3 bedrooms$3,970$4,130-3.9%$3,573–4,367$2,707 ±$819
4 bedrooms$4,560$4,730-3.6%$4,104–5,016$2,456 ±$2,007

Small Area FMRs for the Newark, NJ HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 07043

Median gross rent$2,220±$342 · all sizes
Renter households62415% of occupied homes
No cash rent36households

How rents are spread

Under $1,0006%
$1,000–1,4991%
$1,500–1,99934%
$2,000–2,49920%
$2,500–2,99920%
$3,000–3,49912%
$3,500+7%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07042Montclair$2,940$2,242
07044Verona$2,870$2,297
07041Millburn$2,630$2,047
07045Montville$2,770–
07040Maplewood$2,870$2,774
07046Mountain Lakes$2,480–

Fair Market Rents across Essex 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.