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Rent by ZIP · Morris County

Rent in Florham Park, NJ 07932

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,350 (+1.2% vs FY2026). Renters in this ZIP code pay a median $3,114 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,460$2,420+1.7%$2,214–2,706–
1 bedroom$2,780$2,740+1.5%$2,502–3,058$2,727 ±$264
2 bedrooms$3,350$3,310+1.2%$3,015–3,685$2,977 ±$959
3 bedrooms$4,180$4,140+1%$3,762–4,598$3,500+
4 bedrooms$4,780$4,710+1.5%$4,302–5,258–

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 07932

Median gross rent$3,114±$368 · all sizes
Renter households1,40731% of occupied homes
No cash rent29households

How rents are spread

Under $1,0004%
$1,000–1,49911%
$1,500–1,9992%
$2,000–2,4993%
$2,500–2,99927%
$3,000–3,49913%
$3,500+40%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
07931Far Hills$2,980$2,650
07933Gillette$2,610–
07930Chester$2,570$2,111
07934Gladstone$2,750–
07935Green Village$3,300–
07928Chatham$3,250$2,708

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.