FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 07755
1.00ratio
FMR$2,630
Market$2,620
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 07755
1.20ratio
FMR$3,250
Market$2,700
vs market+$550
FMR is above market; underwrite to market rent.
1.20
3 BR
3 BR- 07755
1.60ratio
FMR$4,170
Market$2,600
vs market+$1,570
FMR is above market; underwrite to market rent.
1.60
4 BR
4 BR- 07755
1.44ratio
FMR$4,610
Market$3,200
vs market+$1,410
FMR is above market; underwrite to market rent.
1.44
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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Oakhurst, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Oakhurst, NJ is $3,250 a month. That is up 1.6% from $3,200 in FY 2026. Oakhurst 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 Oakhurst is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Oakhurst, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,300
$2,380
+3.5%
$2,142–$2,618
1BR
$2,600
$2,630
+1.2%
$2,367–$2,893
2BR
$3,200
$3,250
+1.6%
$2,925–$3,575
3BR
$4,180
$4,170
−0.2%
$3,753–$4,587
4BR
$4,630
$4,610
−0.4%
$4,149–$5,071
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Oakhurst, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,380
$2,630
$3,250
$4,170
$4,610
FY 2026
$2,300
$2,600
$3,200
$4,180
$4,630
FY 2025
$1,940
$2,170
$2,680
$3,570
$3,970
FY 2024
$1,760
$1,960
$2,430
$3,300
$3,680
FY 2023
$1,330
$1,480
$1,860
$2,550
$2,830
Questions about Oakhurst, NJ rents
How much will Section 8 pay for a two-bedroom in Oakhurst, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,250, that basic range is $2,925 to $3,575 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 Oakhurst, NJ in?
Oakhurst, 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 Oakhurst, NJ for FY 2027?
The two-bedroom FMR rose 1.6%, from $3,200 in FY 2026 to $3,250 in FY 2027. Since FY 2023 it has risen 74.7%.
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