ZIP 08754 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 08754 in the Monmouth-Ocean, NJ FMR area.
$1,640Efficiency
$1,8101 bedroom
$2,2402 bedrooms
$2,8703 bedrooms
$3,1804 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,640 | $1,476 | $1,804 | $1,671 |
| 1 bedroom | $1,810 | $1,629 | $1,991 | $1,847 |
| 2 bedrooms | $2,240 | $2,016 | $2,464 | $2,283 |
| 3 bedrooms | $2,870 | $2,583 | $3,157 | $2,927 |
| 4 bedrooms | $3,180 | $2,862 | $3,498 | $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 08754?
HUD's FY2027 Small Area FMRs for ZIP 08754 (Monmouth-Ocean, NJ) are $1,640 efficiency, $1,810 one bedroom, $2,240 two bedrooms, $2,870 three and $3,180 four bedrooms.
What payment standard can a housing authority set in ZIP 08754?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,016 to $2,464.