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Rent by ZIP · Passaic County

Rent in Paterson, NJ 07504

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,910 (-4% vs FY2026). Renters in this ZIP code pay a median $1,526 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,480$1,520-2.6%$1,332–1,628$1,362 ±$240
1 bedroom$1,660$1,730-4%$1,494–1,826$1,183 ±$122
2 bedrooms$1,910$1,990-4%$1,719–2,101$1,473 ±$135
3 bedrooms$2,320$2,430-4.5%$2,088–2,552$1,643 ±$167
4 bedrooms$2,930$3,100-5.5%$2,637–3,223$2,041 ±$270

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 07504

Median gross rent$1,526±$105 · all sizes
Renter households2,21060% of occupied homes
No cash rent40households

How rents are spread

Under $1,0007%
$1,000–1,49941%
$1,500–1,99934%
$2,000–2,49913%
$2,500–2,9991%
$3,000–3,4992%
$3,500+2%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07503Paterson$2,100$1,716
07505Paterson$1,610$1,410
07502Paterson$1,990$1,594
07506Hawthorne$2,310$1,988
07501Paterson$1,970$1,606
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.