FMR is near market; voucher and private rents are aligned.
0.91
1 BR
1 BR- 08551
1.08ratio
FMR$2,290
Market$2,130
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 08551
1.07ratio
FMR$2,860
Market$2,670
vs market+$190
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR- 08551
1.18ratio
FMR$3,410
Market$2,900
vs market+$510
FMR is above market; underwrite to market rent.
1.18
4 BR
4 BR- 08551
1.22ratio
FMR$3,830
Market$3,150
vs market+$680
FMR is above market; underwrite to market rent.
1.22
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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Ringoes, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ringoes, NJ is $2,860 a month. That is down 6.8% from $3,070 in FY 2026. Ringoes 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 Ringoes is 28% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ringoes, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,230
$2,130
−4.5%
$1,917–$2,343
1BR
$2,440
$2,290
−6.1%
$2,061–$2,519
2BR
$3,070
$2,860
−6.8%
$2,574–$3,146
3BR
$3,680
$3,410
−7.3%
$3,069–$3,751
4BR
$4,070
$3,830
−5.9%
$3,447–$4,213
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ringoes, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,130
$2,290
$2,860
$3,410
$3,830
FY 2026
$2,230
$2,440
$3,070
$3,680
$4,070
FY 2025
$2,140
$2,410
$3,030
$3,650
$4,020
FY 2024
$2,360
$2,650
$3,340
$4,040
$4,450
FY 2023
$1,710
$1,940
$2,460
$2,990
$3,300
Questions about Ringoes, NJ rents
How much will Section 8 pay for a two-bedroom in Ringoes, 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 $2,860 it would be $2,574 to $3,146. 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 Ringoes, NJ in?
Ringoes, 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 Ringoes, NJ for FY 2027?
The two-bedroom FMR fell 6.8%, from $3,070 in FY 2026 to $2,860 in FY 2027. Since FY 2023 it has risen 16.3%.
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