FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 08533
0.92ratio
FMR$1,700
Market$1,840
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 08533
0.80ratio
FMR$2,100
Market$2,620
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.80
3 BR
3 BR- 08533
0.90ratio
FMR$2,690
Market$2,980
vs market-$290
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 08533
0.96ratio
FMR$2,980
Market$3,090
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.96
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
--
New Egypt, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Egypt, NJ is $2,100 a month. That is up 4.5% from $2,010 in FY 2026. New Egypt 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 New Egypt is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Egypt, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,450
$1,540
+6.2%
$1,386–$1,694
1BR
$1,630
$1,700
+4.3%
$1,530–$1,870
2BR
$2,010
$2,100
+4.5%
$1,890–$2,310
3BR
$2,630
$2,690
+2.3%
$2,421–$2,959
4BR
$2,910
$2,980
+2.4%
$2,682–$3,278
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Egypt, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,700
$2,100
$2,690
$2,980
FY 2026
$1,450
$1,630
$2,010
$2,630
$2,910
FY 2025
$1,200
$1,350
$1,660
$2,210
$2,460
FY 2024
$1,130
$1,260
$1,560
$2,120
$2,360
FY 2023
$950
$1,060
$1,330
$1,820
$2,030
Questions about New Egypt, NJ rents
How much will Section 8 pay for a two-bedroom in New Egypt, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,100, that basic range is $1,890 to $2,310 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 New Egypt, NJ in?
New Egypt, 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 New Egypt, NJ for FY 2027?
The two-bedroom FMR rose 4.5%, from $2,010 in FY 2026 to $2,100 in FY 2027. Since FY 2023 it has risen 57.9%.
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