FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 07728
0.91ratio
FMR$1,970
Market$2,160
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR- 07728
0.84ratio
FMR$2,430
Market$2,900
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 07728
0.90ratio
FMR$3,120
Market$3,480
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 07728
0.79ratio
FMR$3,450
Market$4,390
vs market-$940
FMR is below market; voucher rent may lag private rents.
0.79
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
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Freehold, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Freehold, NJ is $2,430 a month. That is down 3.6% from $2,520 in FY 2026. Freehold 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 Freehold is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Freehold, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,810
$1,780
−1.7%
$1,602–$1,958
1BR
$2,040
$1,970
−3.4%
$1,773–$2,167
2BR
$2,520
$2,430
−3.6%
$2,187–$2,673
3BR
$3,290
$3,120
−5.2%
$2,808–$3,432
4BR
$3,650
$3,450
−5.5%
$3,105–$3,795
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Freehold, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,780
$1,970
$2,430
$3,120
$3,450
FY 2026
$1,810
$2,040
$2,520
$3,290
$3,650
FY 2025
$1,620
$1,820
$2,240
$2,980
$3,320
FY 2024
$1,580
$1,760
$2,180
$2,960
$3,300
FY 2023
$1,330
$1,480
$1,860
$2,550
$2,830
Questions about Freehold, NJ rents
How much will Section 8 pay for a two-bedroom in Freehold, 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 Freehold, NJ in?
Freehold, 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 Freehold, NJ for FY 2027?
The two-bedroom FMR fell 3.6%, from $2,520 in FY 2026 to $2,430 in FY 2027. Since FY 2023 it has risen 30.6%.
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