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NJ/Monmouth County/Little Silver

Little Silver, NJ

CitySAFMR
Monmouth County
Found 1 ZIP

City Median Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$2,210$2,030
1 BR$2,450$2,460
2 BR$3,030$3,330
3 BR$3,880$4,270
4 BR$4,300$4,730
5 BR$4,945Not available
6 BR$5,687Not available
7 BR$6,540Not available
8 BR$7,521Not available

Purchase Price Calculator

Maximum purchase price
$432,920

Cost breakdown

+Likely effective rent$3,330
HUD FMR$3,030
Market rent$3,970
Est. payment standard (110%)Used$3,330
-Principal and interest-$2,189
Loan amount$346,336
Down payment$86,584
Rate6.50%
Term30 years
-Operating costs-$941
Property taxes-$433
Insurance-$175
Utilities$0
HOA$0
Management-$333
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$52,896(61.1% ROI)
Projected value
$466,208
Return breakdown
Property appreciation+$33,288
Loan principal paid down+$12,408
Rental cash flow+$7,200
5-year hold
+$91,017(105.1% ROI)
Projected value
$489,809
Return breakdown
Property appreciation+$56,889
Loan principal paid down+$22,127
Rental cash flow+$12,000
10-year hold
+$197,980(228.7% ROI)
Projected value
$554,174
Return breakdown
Property appreciation+$121,254
Loan principal paid down+$52,726
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.09
1 BR
0.99
2 BR
0.76
3 BR
0.84
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Little Silver, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Little Silver, NJ is $3,030 a month. That is up 2.0% from $2,970 in FY 2026. Little Silver 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 Little Silver is 36% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Little Silver, NJ
BedroomsFY 2027Change90–110% range
Studio$2,210+3.3%$1,989–$2,431
1BR$2,450+1.7%$2,205–$2,695
2BR$3,030+2.0%$2,727–$3,333
3BR$3,8800.0%$3,492–$4,268
4BR$4,300+0.2%$3,870–$4,730

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Little Silver, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,210$2,450$3,030$3,880$4,300
FY 2026$2,140$2,410$2,970$3,880$4,290
FY 2025$1,970$2,210$2,730$3,630$4,040
FY 2024$2,070$2,320$2,870$3,900$4,350
FY 2023$1,720$1,920$2,400$3,290$3,660

Questions about Little Silver, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,030, that basic range is $2,727 to $3,333 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 Little Silver, NJ in?

Little Silver, 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 Little Silver, NJ for FY 2027?

The two-bedroom FMR rose 2.0%, from $2,970 in FY 2026 to $3,030 in FY 2027. Since FY 2023 it has risen 26.3%.

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