FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR- 08734
0.74ratio
FMR$1,720
Market$2,310
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 08734
0.84ratio
FMR$2,130
Market$2,530
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 08734
0.90ratio
FMR$2,730
Market$3,020
vs market-$290
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 08734
0.89ratio
FMR$3,020
Market$3,390
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.89
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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Lanoka Harbor, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lanoka Harbor, NJ is $2,130 a month. That is down 7.4% from $2,300 in FY 2026. Lanoka Harbor 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 Lanoka Harbor is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lanoka Harbor, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,660
$1,560
−6.0%
$1,404–$1,716
1BR
$1,870
$1,720
−8.0%
$1,548–$1,892
2BR
$2,300
$2,130
−7.4%
$1,917–$2,343
3BR
$3,010
$2,730
−9.3%
$2,457–$3,003
4BR
$3,330
$3,020
−9.3%
$2,718–$3,322
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lanoka Harbor, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,560
$1,720
$2,130
$2,730
$3,020
FY 2026
$1,660
$1,870
$2,300
$3,010
$3,330
FY 2025
$1,570
$1,760
$2,170
$2,890
$3,220
FY 2024
$1,530
$1,700
$2,110
$2,870
$3,200
FY 2023
$1,250
$1,400
$1,750
$2,400
$2,670
Questions about Lanoka Harbor, NJ rents
How much will Section 8 pay for a two-bedroom in Lanoka Harbor, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,130, that basic range is $1,917 to $2,343 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 Lanoka Harbor, NJ in?
Lanoka Harbor, 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 Lanoka Harbor, NJ for FY 2027?
The two-bedroom FMR fell 7.4%, from $2,300 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has risen 21.7%.
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