Rent by ZIP · Morris County
Rent in Mendham, NJ 07945
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,980 (-10% vs FY2026). Renters in this ZIP code pay a median $3,500+ a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,180 | $2,420 | -9.9% | $1,962–2,398 | – |
| 1 bedroom | $2,470 | $2,740 | -9.9% | $2,223–2,717 | $764 ±$284 |
| 2 bedrooms | $2,980 | $3,310 | -10% | $2,682–3,278 | $3,500+ |
| 3 bedrooms | $3,730 | $4,140 | -9.9% | $3,357–4,103 | $3,500+ |
| 4 bedrooms | $4,240 | $4,710 | -10% | $3,816–4,664 | $3,500+ |
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 07945
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 07946 | Millington | $2,940 | – |
| 07940 | Madison | $3,040 | $2,595 |
| 07950 | Morris Plains | $3,350 | $2,746 |
| 07936 | East Hanover | $3,350 | $3,172 |
| 07935 | Green Village | $3,300 | – |
| 07934 | Gladstone | $2,750 | – |
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.