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NJ/Ocean County/Lakehurst

Lakehurst, NJ

CitySAFMR
Ocean County
Found 1 ZIP

City Median Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$1,600$1,760
1 BR$1,770$1,890
2 BR$2,190$2,270
3 BR$2,810$2,930
4 BR$3,110$3,330
5 BR$3,576Not available
6 BR$4,113Not available
7 BR$4,730Not available
8 BR$5,439Not available

Purchase Price Calculator

Maximum purchase price
$275,405

Cost breakdown

+Likely effective rent$2,270
HUD FMR$2,190
Market rent$2,320
Est. payment standard (104%)Used$2,270
-Principal and interest-$1,393
Loan amount$220,324
Down payment$55,081
Rate6.50%
Term30 years
-Operating costs-$677
Property taxes-$275
Insurance-$175
Utilities$0
HOA$0
Management-$227
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,270(65.8% ROI)
Projected value
$296,581
Return breakdown
Property appreciation+$21,176
Loan principal paid down+$7,894
Rental cash flow+$7,200
5-year hold
+$62,267(113.0% ROI)
Projected value
$311,595
Return breakdown
Property appreciation+$36,190
Loan principal paid down+$14,077
Rental cash flow+$12,000
10-year hold
+$134,678(244.5% ROI)
Projected value
$352,541
Return breakdown
Property appreciation+$77,137
Loan principal paid down+$33,542
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.91
2 BR
0.94
3 BR
0.94
4 BR
0.90
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lakehurst, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lakehurst, NJ is $2,190 a month. That is up 0.5% from $2,180 in FY 2026. Lakehurst 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 Lakehurst is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lakehurst, NJ
BedroomsFY 2027Change90–110% range
Studio$1,600+1.9%$1,440–$1,760
1BR$1,7700.0%$1,593–$1,947
2BR$2,190+0.5%$1,971–$2,409
3BR$2,810−1.4%$2,529–$3,091
4BR$3,110−1.6%$2,799–$3,421

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lakehurst, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,600$1,770$2,190$2,810$3,110
FY 2026$1,570$1,770$2,180$2,850$3,160
FY 2025$1,310$1,480$1,820$2,420$2,700
FY 2024$1,350$1,510$1,870$2,540$2,830
FY 2023$1,210$1,350$1,700$2,330$2,580

Questions about Lakehurst, NJ rents

How much will Section 8 pay for a two-bedroom in Lakehurst, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,190, that basic range is $1,971 to $2,409 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 Lakehurst, NJ in?

Lakehurst, 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 Lakehurst, NJ for FY 2027?

The two-bedroom FMR rose 0.5%, from $2,180 in FY 2026 to $2,190 in FY 2027. Since FY 2023 it has risen 28.8%.

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