Newark, NJ HUD Metro FMR Area · FY2026 area median income $138,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $484 | $726 | $969 | $1,211 | $1,453 | $1,695 | $1,938 |
| 1BR | $519 | $778 | $1,038 | $1,298 | $1,557 | $1,817 | $2,077 |
| 2BR | $623 | $934 | $1,246 | $1,557 | $1,869 | $2,180 | $2,492 |
| 3BR | $719 | $1,079 | $1,439 | $1,799 | $2,159 | $2,519 | $2,879 |
| 4BR | $803 | $1,204 | $1,606 | $2,007 | $2,409 | $2,810 | $3,212 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $29,070 | $48,450 | $58,140 | $77,520 |
| 2 persons | $33,240 | $55,400 | $66,480 | $88,640 |
| 3 persons | $37,380 | $62,300 | $74,760 | $99,680 |
| 4 persons | $41,520 | $69,200 | $83,040 | $110,720 |
| 5 persons | $44,850 | $74,750 | $89,700 | $119,600 |
| 6 persons | $48,180 | $80,300 | $96,360 | $128,480 |
| 7 persons | $51,510 | $85,850 | $103,020 | $137,360 |
| 8 persons | $54,810 | $91,350 | $109,620 | $146,160 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Sussex County to see the sources and uses, bond test, DSCR, and funding gap using these rents.