ZIP 08006 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 08006 in the Monmouth-Ocean, NJ FMR area.

$1,620Efficiency
$1,7901 bedroom
$2,2102 bedrooms
$2,8403 bedrooms
$3,1404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,620$1,458$1,782$1,671
1 bedroom$1,790$1,611$1,969$1,847
2 bedrooms$2,210$1,989$2,431$2,283
3 bedrooms$2,840$2,556$3,124$2,927
4 bedrooms$3,140$2,826$3,454$3,241

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 08006?

HUD's FY2027 Small Area FMRs for ZIP 08006 (Monmouth-Ocean, NJ) are $1,620 efficiency, $1,790 one bedroom, $2,210 two bedrooms, $2,840 three and $3,140 four bedrooms.

What payment standard can a housing authority set in ZIP 08006?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,989 to $2,431.