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NJ/Middlesex County/Perth Amboy

Perth Amboy, NJ

CitySAFMR
Middlesex County
Found 2 ZIPs

City Median Investment Score

58Below average

095130300
BRFMR
Eff. Rent
0 BR$1,680 – $1,940$1,850 – $2,130
1 BR$1,800 – $2,080$1,980 – $2,140
2 BR$2,250 – $2,600$2,460 – $2,610
3 BR$2,690 – $3,100$2,820 – $3,230
4 BR$3,010 – $3,480$3,000 – $3,770
5 BR$3,732Not available
6 BR$4,292Not available
7 BR$4,935Not available
8 BR$5,676Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
0.83-0.83
1 BR
1
1
0.85-0.96
2 BR
1
1
0.88-1.00
3 BR
2
0.93-0.94
4 BR
1
1
0.89-1.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Perth Amboy, NJ fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 2 ZIP codes in Perth Amboy, NJ ranges from $2,250 to $2,600 a month, with a median of $2,425. That is up 6.6% from $2,275 in FY 2026. Perth Amboy is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,623. The median county two-bedroom FMR in New Jersey is $2,233, so Perth Amboy is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Perth Amboy, NJ
BedroomsFY 2027Change90–110% range
Studio$1,810+9.7%$1,629–$1,991
1BR$1,940+6.9%$1,746–$2,134
2BR$2,425+6.6%$2,183–$2,668
3BR$2,895+6.2%$2,606–$3,185
4BR$3,245+7.6%$2,921–$3,570

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Perth Amboy, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,810$1,940$2,425$2,895$3,245
FY 2026$1,650$1,815$2,275$2,725$3,015
FY 2025$1,485$1,670$2,100$2,540$2,790
FY 2024$1,465$1,645$2,070$2,505$2,760
FY 2023$1,235$1,400$1,780$2,180$2,420

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
08862$2,600+7.2%
08861$2,250−7.2%

Questions about Perth Amboy, NJ rents

How much will Section 8 pay for a two-bedroom in Perth Amboy, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,425 it would be $2,183 to $2,668. 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 Perth Amboy, NJ in?

Perth Amboy, NJ is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.

How much did fair market rent change in Perth Amboy, NJ for FY 2027?

The two-bedroom FMR rose 6.6%, from $2,275 in FY 2026 to $2,425 in FY 2027. Since FY 2023 it has risen 36.2%.

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