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Rent by ZIP · Essex County

Rent in Verona, NJ 07044

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,870 (+1.8% vs FY2026). Renters in this ZIP code pay a median $2,130 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,100$2,060+1.9%$1,890–2,310$293 ±$66
1 bedroom$2,380$2,330+2.1%$2,142–2,618$1,906 ±$253
2 bedrooms$2,870$2,820+1.8%$2,583–3,157$2,297 ±$180
3 bedrooms$3,580$3,530+1.4%$3,222–3,938$2,417 ±$1,190
4 bedrooms$4,100$4,010+2.2%$3,690–4,510–

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 07044

Median gross rent$2,130±$170 · all sizes
Renter households1,20821% of occupied homes
No cash rent0households

How rents are spread

Under $1,00013%
$1,000–1,4998%
$1,500–1,99921%
$2,000–2,49927%
$2,500–2,9998%
$3,000–3,49911%
$3,500+10%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07043Montclair$3,190$2,670
07045Montville$2,770–
07042Montclair$2,940$2,242
07046Mountain Lakes$2,480–
07041Millburn$2,630$2,047
07047North Bergen$3,030$1,960

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.