ZIP 08732 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 08732 in the Monmouth-Ocean, NJ FMR area.
$1,540Efficiency
$1,7101 bedroom
$2,1102 bedrooms
$2,7103 bedrooms
$3,0004 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,540 | $1,386 | $1,694 | $1,671 |
| 1 bedroom | $1,710 | $1,539 | $1,881 | $1,847 |
| 2 bedrooms | $2,110 | $1,899 | $2,321 | $2,283 |
| 3 bedrooms | $2,710 | $2,439 | $2,981 | $2,927 |
| 4 bedrooms | $3,000 | $2,700 | $3,300 | $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 08732?
HUD's FY2027 Small Area FMRs for ZIP 08732 (Monmouth-Ocean, NJ) are $1,540 efficiency, $1,710 one bedroom, $2,110 two bedrooms, $2,710 three and $3,000 four bedrooms.
What payment standard can a housing authority set in ZIP 08732?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,899 to $2,321.