Rent by ZIP ·
Rent in Summit, NJ 07902
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,300 (+2.7% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,690 | $1,640 | +3% | $1,521–1,859 | – |
| 1 bedroom | $1,910 | $1,850 | +3.2% | $1,719–2,101 | – |
| 2 bedrooms | $2,300 | $2,240 | +2.7% | $2,070–2,530 | – |
| 3 bedrooms | $2,870 | $2,810 | +2.1% | $2,583–3,157 | – |
| 4 bedrooms | $3,280 | $3,190 | +2.8% | $2,952–3,608 | – |
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.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 07901 | Summit | $3,030 | $2,379 |
| 07920 | Basking Ridge | $3,390 | $2,522 |
| 07921 | Bedminster | $3,110 | $2,400 |
| 07922 | Berkeley Heights | $2,960 | $2,268 |
| 07924 | Bernardsville | $3,110 | $2,556 |
| 07926 | Brookside | $3,340 | – |
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.