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Rent by ZIP · Morris County

Rent in Butler, NJ 07405

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,230 (+1.4% vs FY2026). Renters in this ZIP code pay a median $1,676 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,640$1,610+1.9%$1,476–1,804$1,590 ±$273
1 bedroom$1,850$1,820+1.6%$1,665–2,035$1,507 ±$424
2 bedrooms$2,230$2,200+1.4%$2,007–2,453$1,765 ±$199
3 bedrooms$2,780$2,750+1.1%$2,502–3,058$3,206 ±$226
4 bedrooms$3,180$3,130+1.6%$2,862–3,498–

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 07405

Median gross rent$1,676±$120 · all sizes
Renter households1,31919% of occupied homes
No cash rent46households

How rents are spread

Under $1,00015%
$1,000–1,49922%
$1,500–1,99938%
$2,000–2,49915%
$2,500–2,9995%
$3,000–3,4994%
$3,500+1%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07403Bloomingdale$2,290$1,592
07407Elmwood Park$2,640$1,928
07401Allendale$3,330$2,705
07410Fair Lawn$2,460$2,051
07416Franklin$1,990$1,547
07417Franklin Lakes$3,420$3,338

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.