Rent by ZIP · Union County
Rent in New Providence, NJ 07974
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,620 (-3.3% vs FY2026). Renters in this ZIP code pay a median $1,993 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,920 | $1,980 | -3% | $1,728–2,112 | – |
| 1 bedroom | $2,170 | $2,240 | -3.1% | $1,953–2,387 | $1,814 ±$83 |
| 2 bedrooms | $2,620 | $2,710 | -3.3% | $2,358–2,882 | $2,230 ±$357 |
| 3 bedrooms | $3,270 | $3,390 | -3.5% | $2,943–3,597 | $2,839 ±$200 |
| 4 bedrooms | $3,740 | $3,860 | -3.1% | $3,366–4,114 | – |
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 07974
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 |
|---|---|---|---|
| 07976 | New Vernon | $2,550 | – |
| 07977 | Peapack | $2,750 | – |
| 07980 | Stirling | $2,160 | $1,236 |
| 07981 | Whippany | $3,350 | $3,036 |
| 07960 | Morristown | $3,340 | $2,609 |
| 07950 | Morris Plains | $3,350 | $2,746 |
Fair Market Rents across Union 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.