ZIP 07938 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 07938 in the Middlesex-Somerset-Hunterdon, NJ FMR area.
$2,050Efficiency
$2,2001 bedroom
$2,7502 bedrooms
$3,2803 bedrooms
$3,6804 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $2,050 | $1,845 | $2,255 | $1,953 |
| 1 bedroom | $2,200 | $1,980 | $2,420 | $2,103 |
| 2 bedrooms | $2,750 | $2,475 | $3,025 | $2,623 |
| 3 bedrooms | $3,280 | $2,952 | $3,608 | $3,125 |
| 4 bedrooms | $3,680 | $3,312 | $4,048 | $3,508 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 07938?
HUD's FY2027 Small Area FMRs for ZIP 07938 (Middlesex-Somerset-Hunterdon, NJ) are $2,050 efficiency, $2,200 one bedroom, $2,750 two bedrooms, $3,280 three and $3,680 four bedrooms.
What payment standard can a housing authority set in ZIP 07938?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,475 to $3,025.