FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 07750
0.95ratio
FMR$2,260
Market$2,370
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 07750
1.03ratio
FMR$2,800
Market$2,730
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 07750
0.49ratio
FMR$3,590
Market$7,350
vs market-$3,760
FMR is below market; voucher rent may lag private rents.
0.49
4 BR
4 BR- 07750
0.67ratio
FMR$3,980
Market$5,960
vs market-$1,980
FMR is below market; voucher rent may lag private rents.
0.67
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
--
Monmouth Beach, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Monmouth Beach, NJ is $2,800 a month. That is down 4.1% from $2,920 in FY 2026. Monmouth Beach 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 Monmouth Beach is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Monmouth Beach, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,100
$2,050
−2.4%
$1,845–$2,255
1BR
$2,370
$2,260
−4.6%
$2,034–$2,486
2BR
$2,920
$2,800
−4.1%
$2,520–$3,080
3BR
$3,820
$3,590
−6.0%
$3,231–$3,949
4BR
$4,230
$3,980
−5.9%
$3,582–$4,378
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Monmouth Beach, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,050
$2,260
$2,800
$3,590
$3,980
FY 2026
$2,100
$2,370
$2,920
$3,820
$4,230
FY 2025
$1,890
$2,120
$2,610
$3,480
$3,870
FY 2024
$2,010
$2,240
$2,780
$3,780
$4,210
FY 2023
$1,720
$1,920
$2,400
$3,290
$3,660
Questions about Monmouth Beach, NJ rents
How much will Section 8 pay for a two-bedroom in Monmouth Beach, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,800, that basic range is $2,520 to $3,080 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 Monmouth Beach, NJ in?
Monmouth Beach, 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 Monmouth Beach, NJ for FY 2027?
The two-bedroom FMR fell 4.1%, from $2,920 in FY 2026 to $2,800 in FY 2027. Since FY 2023 it has risen 16.7%.
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