FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR- 08752
0.74ratio
FMR$1,570
Market$2,120
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 08752
0.90ratio
FMR$1,940
Market$2,150
vs market-$210
FMR is near market; voucher and private rents are aligned.
0.90
3 BR
3 BR- 08752
0.84ratio
FMR$2,490
Market$2,960
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.84
4 BR
4 BR- 08752
0.53ratio
FMR$2,750
Market$5,150
vs market-$2,400
FMR is below market; voucher rent may lag private rents.
0.53
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
--
Seaside Park, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Seaside Park, NJ is $1,940 a month. That is down 1.0% from $1,960 in FY 2026. Seaside Park 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 Seaside Park is 13% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Seaside Park, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,410
$1,420
+0.7%
$1,278–$1,562
1BR
$1,590
$1,570
−1.3%
$1,413–$1,727
2BR
$1,960
$1,940
−1.0%
$1,746–$2,134
3BR
$2,560
$2,490
−2.7%
$2,241–$2,739
4BR
$2,840
$2,750
−3.2%
$2,475–$3,025
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Seaside Park, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,420
$1,570
$1,940
$2,490
$2,750
FY 2026
$1,410
$1,590
$1,960
$2,560
$2,840
FY 2025
$1,290
$1,440
$1,780
$2,370
$2,640
FY 2024
$1,240
$1,380
$1,710
$2,320
$2,590
FY 2023
$1,020
$1,140
$1,430
$1,960
$2,180
Questions about Seaside Park, NJ rents
How much will Section 8 pay for a two-bedroom in Seaside Park, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,940, that basic range is $1,746 to $2,134 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 Seaside Park, NJ in?
Seaside Park, 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 Seaside Park, NJ for FY 2027?
The two-bedroom FMR fell 1.0%, from $1,960 in FY 2026 to $1,940 in FY 2027. Since FY 2023 it has risen 35.7%.
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