FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 07711
0.84ratio
FMR$1,970
Market$2,340
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 07711
0.87ratio
FMR$2,430
Market$2,800
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 07711
0.90ratio
FMR$3,120
Market$3,470
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 07711
1.20ratio
FMR$3,450
Market$2,880
vs market+$570
FMR is above market; underwrite to market rent.
1.20
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Allenhurst, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Allenhurst, NJ is $2,430 a month. That is up 3.4% from $2,350 in FY 2026. Allenhurst is in the Monmouth-Ocean, NJ HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in New Jersey is $2,233, so Allenhurst is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Allenhurst, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,690
$1,780
+5.3%
$1,602–$1,958
1BR
$1,910
$1,970
+3.1%
$1,773–$2,167
2BR
$2,350
$2,430
+3.4%
$2,187–$2,673
3BR
$3,070
$3,120
+1.6%
$2,808–$3,432
4BR
$3,400
$3,450
+1.5%
$3,105–$3,795
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Allenhurst, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,780
$1,970
$2,430
$3,120
$3,450
FY 2026
$1,690
$1,910
$2,350
$3,070
$3,400
FY 2025
$1,390
$1,570
$1,930
$2,570
$2,860
FY 2024
$1,300
$1,450
$1,800
$2,450
$2,730
FY 2023
$1,020
$1,140
$1,430
$1,960
$2,180
Questions about Allenhurst, NJ rents
How much will Section 8 pay for a two-bedroom in Allenhurst, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,430, that basic range is $2,187 to $2,673 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Allenhurst, NJ in?
Allenhurst, NJ is in the Monmouth-Ocean, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Allenhurst, NJ for FY 2027?
The two-bedroom FMR rose 3.4%, from $2,350 in FY 2026 to $2,430 in FY 2027. Since FY 2023 it has risen 69.9%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set