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Rent by ZIP · Passaic County

Rent in Paterson, NJ 07503

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,100 (-0.9% vs FY2026). Renters in this ZIP code pay a median $1,677 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,630$1,620+0.6%$1,467–1,793$963 ±$486
1 bedroom$1,830$1,850-1.1%$1,647–2,013$1,352 ±$227
2 bedrooms$2,100$2,120-0.9%$1,890–2,310$1,716 ±$77
3 bedrooms$2,550$2,590-1.5%$2,295–2,805$1,868 ±$174
4 bedrooms$3,220$3,300-2.4%$2,898–3,542$2,188 ±$166

Small Area FMRs for the Bergen-Passaic, 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 Bergen-Passaic, NJ HUD Metro FMR Area, 2 bedrooms: $2,282.

What renters pay in 07503

Median gross rent$1,677±$71 · all sizes
Renter households4,43973% of occupied homes
No cash rent182households

How rents are spread

Under $1,00011%
$1,000–1,49923%
$1,500–1,99945%
$2,000–2,49918%
$2,500–2,9993%
$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
07502Paterson$1,990$1,594
07504Paterson$1,910$1,473
07501Paterson$1,970$1,606
07505Paterson$1,610$1,410
07506Hawthorne$2,310$1,988
07508Haledon$2,240$1,678

Fair Market Rents across Passaic 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.