FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 07748
0.67ratio
FMR$1,710
Market$2,560
vs market-$850
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR- 07748
0.74ratio
FMR$2,110
Market$2,870
vs market-$760
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR- 07748
0.73ratio
FMR$2,710
Market$3,690
vs market-$980
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR- 07748
0.66ratio
FMR$3,000
Market$4,580
vs market-$1,580
FMR is below market; voucher rent may lag private rents.
0.66
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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Middletown, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Middletown, NJ is $2,110 a month. That is up 0.5% from $2,100 in FY 2026. Middletown 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 Middletown is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Middletown, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,510
$1,540
+2.0%
$1,386–$1,694
1BR
$1,700
$1,710
+0.6%
$1,539–$1,881
2BR
$2,100
$2,110
+0.5%
$1,899–$2,321
3BR
$2,750
$2,710
−1.5%
$2,439–$2,981
4BR
$3,040
$3,000
−1.3%
$2,700–$3,300
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Middletown, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,710
$2,110
$2,710
$3,000
FY 2026
$1,510
$1,700
$2,100
$2,750
$3,040
FY 2025
$1,370
$1,540
$1,900
$2,530
$2,820
FY 2024
$1,350
$1,510
$1,870
$2,540
$2,830
FY 2023
$1,190
$1,330
$1,670
$2,290
$2,540
Questions about Middletown, NJ rents
How much will Section 8 pay for a two-bedroom in Middletown, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,110, that basic range is $1,899 to $2,321 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 Middletown, NJ in?
Middletown, 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 Middletown, NJ for FY 2027?
The two-bedroom FMR rose 0.5%, from $2,100 in FY 2026 to $2,110 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