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Rent by ZIP · Morris County

Rent in Pequannock, NJ 07440

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,640 (+0.8% vs FY2026). Renters in this ZIP code pay a median $950 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,950$1,930+1%$1,755–2,145–
1 bedroom$2,200$2,180+0.9%$1,980–2,420$720 ±$442
2 bedrooms$2,640$2,620+0.8%$2,376–2,904–
3 bedrooms$3,280$3,270+0.3%$2,952–3,608–
4 bedrooms$3,810$3,780+0.8%$3,429–4,191–

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 07440

Median gross rent$950±$552 · all sizes
Renter households18111% of occupied homes
No cash rent0households

How rents are spread

Under $1,00059%
$1,000–1,4994%
$1,500–1,99913%
$2,000–2,49917%
$2,500–2,9998%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07439Ogdensburg$2,000$1,761
07438Oak Ridge$2,210$1,652
07442Pompton Lakes$2,380$1,894
07436Oakland$2,110$1,434
07444Pompton Plains$2,860$3,162
07435Newfoundland$2,180$1,829

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.