Fair Market Rents: Morris County, NJ (FY2026)
HUD's FY2026 Fair Market Rents for Morris County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | NJ median* |
|---|---|---|
| Studio (0-BR) | $1,612/mo | $1,612 (0%) |
| 1 Bedroom | $1,822/mo | $1,822 (0%) |
| 2 Bedrooms | $2,205/mo | $2,205 (0%) |
| 3 Bedrooms | $2,761/mo | $2,761 (0%) |
| 4+ Bedrooms | $3,137/mo | $3,137 (0%) |
*Median across all FMR-publishing counties in NJ. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Morris County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Morris County
We track 54 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Butler | 4 | 184 |
| Dover | 7 | 807 |
| Florham Park | 3 | 133 |
| Morristown | 6 | 414 |
| Parsippany | 6 | 707 |