FMR is below market; voucher rent may lag private rents.
0.73
1 BR
1 BR- 08879
0.83ratio
FMR$1,940
Market$2,340
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 08879
0.88ratio
FMR$2,420
Market$2,750
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 08879
0.92ratio
FMR$2,880
Market$3,130
vs market-$250
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 08879
0.89ratio
FMR$3,240
Market$3,650
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.89
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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South Amboy, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Amboy, NJ is $2,420 a month. That is up 5.2% from $2,300 in FY 2026. South 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 South Amboy is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for South Amboy, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,670
$1,800
+7.8%
$1,620–$1,980
1BR
$1,830
$1,940
+6.0%
$1,746–$2,134
2BR
$2,300
$2,420
+5.2%
$2,178–$2,662
3BR
$2,760
$2,880
+4.3%
$2,592–$3,168
4BR
$3,050
$3,240
+6.2%
$2,916–$3,564
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for South Amboy, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,800
$1,940
$2,420
$2,880
$3,240
FY 2026
$1,670
$1,830
$2,300
$2,760
$3,050
FY 2025
$1,450
$1,630
$2,050
$2,490
$2,730
FY 2024
$1,460
$1,640
$2,070
$2,510
$2,760
FY 2023
$1,200
$1,360
$1,720
$2,090
$2,310
Questions about South Amboy, NJ rents
How much will Section 8 pay for a two-bedroom in South 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 $2,420 it would be $2,178 to $2,662. 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 South Amboy, NJ in?
South 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 South Amboy, NJ for FY 2027?
The two-bedroom FMR rose 5.2%, from $2,300 in FY 2026 to $2,420 in FY 2027. Since FY 2023 it has risen 40.7%.
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