PRINCETON, NJ
CityFMR
Somerset County
Found 4 ZIPs
BRFMR
Eff. Rent
0 BR$1,804$1,804
1 BR$1,978$1,920 – $1,978
2 BR$2,486$2,486
3 BR$2,981$2,981
4 BR$3,296$3,296
5 BR$3,790
6 BR$4,359
7 BR$5,013
8 BR$5,765

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.68ratio
FMR$1,804
Market$2,640
vs market-$836

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 2 ZIPs
0.69–0.73ratio range
Median FMR$1,804
Median Market$2,550
vs market-$746

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
Studio· 1 ZIP
0.97ratio
FMR$1,804
Market$1,860
vs market-$56

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.68–0.97
1 BR
1 BR· 1 ZIP
0.63ratio
FMR$1,978
Market$3,140
vs market-$1,162

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 2 ZIPs
0.66–0.68ratio range
Median FMR$1,978
Median Market$2,950
vs market-$972

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 1 ZIP
1.03ratio
FMR$1,978
Market$1,920
vs market+$58

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.63–1.03
2 BR
2 BR· 2 ZIPs
0.59–0.61ratio range
Median FMR$2,486
Median Market$4,115
vs market-$1,629

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
2 BR· 1 ZIP
0.75ratio
FMR$2,486
Market$3,310
vs market-$824

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.93ratio
FMR$2,486
Market$2,680
vs market-$194

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.59–0.93
3 BR
3 BR· 3 ZIPs
0.62ratio range
Median FMR$2,981
Median Market$4,770
vs market-$1,789

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3
3 BR· 1 ZIP
0.87ratio
FMR$2,981
Market$3,430
vs market-$449

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.62–0.87
4 BR
4 BR· 3 ZIPs
0.52–0.53ratio range
Median FMR$3,296
Median Market$6,360
vs market-$3,064

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3
4 BR· 1 ZIP
0.85ratio
FMR$3,296
Market$3,870
vs market-$574

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.52–0.85
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by average FMR (vs county median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for PRINCETON, NJ (NJ) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.