FMR is below market; voucher rent may lag private rents.
0.80
1 BR
1 BR- 08832
0.86ratio
FMR$1,980
Market$2,300
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.86
2 BR
2 BR- 08832
0.94ratio
FMR$2,470
Market$2,620
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 08832
0.92ratio
FMR$2,940
Market$3,210
vs market-$270
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 08832
0.92ratio
FMR$3,300
Market$3,590
vs market-$290
FMR is near market; voucher and private rents are aligned.
0.92
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
--
Keasbey, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Keasbey, NJ is $2,470 a month. That is up 4.2% from $2,370 in FY 2026. Keasbey is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,623. The median county two-bedroom FMR in New Jersey is $2,233, so Keasbey is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Keasbey, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,720
$1,840
+7.0%
$1,656–$2,024
1BR
$1,890
$1,980
+4.8%
$1,782–$2,178
2BR
$2,370
$2,470
+4.2%
$2,223–$2,717
3BR
$2,840
$2,940
+3.5%
$2,646–$3,234
4BR
$3,140
$3,300
+5.1%
$2,970–$3,630
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Keasbey, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,840
$1,980
$2,470
$2,940
$3,300
FY 2026
$1,720
$1,890
$2,370
$2,840
$3,140
FY 2025
$1,480
$1,660
$2,090
$2,520
$2,770
FY 2024
$1,530
$1,710
$2,160
$2,620
$2,880
FY 2023
$1,250
$1,420
$1,800
$2,190
$2,420
Questions about Keasbey, NJ rents
How much will Section 8 pay for a two-bedroom in Keasbey, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,470 it would be $2,223 to $2,717. 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 Keasbey, NJ in?
Keasbey, NJ is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.
How much did fair market rent change in Keasbey, NJ for FY 2027?
The two-bedroom FMR rose 4.2%, from $2,370 in FY 2026 to $2,470 in FY 2027. Since FY 2023 it has risen 37.2%.
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