FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 08092
0.77ratio
FMR$1,630
Market$2,120
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 08092
0.85ratio
FMR$2,010
Market$2,370
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 08092
0.97ratio
FMR$2,580
Market$2,650
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR- 08092
0.97ratio
FMR$2,850
Market$2,940
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.97
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
--
West Creek, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in West Creek, NJ is $2,010 a month. That is up 3.6% from $1,940 in FY 2026. West Creek 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 West Creek is 10% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for West Creek, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,470
+5.0%
$1,323–$1,617
1BR
$1,570
$1,630
+3.8%
$1,467–$1,793
2BR
$1,940
$2,010
+3.6%
$1,809–$2,211
3BR
$2,540
$2,580
+1.6%
$2,322–$2,838
4BR
$2,810
$2,850
+1.4%
$2,565–$3,135
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for West Creek, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,470
$1,630
$2,010
$2,580
$2,850
FY 2026
$1,400
$1,570
$1,940
$2,540
$2,810
FY 2025
$1,260
$1,420
$1,750
$2,330
$2,590
FY 2024
$1,340
$1,490
$1,850
$2,510
$2,800
FY 2023
$1,250
$1,400
$1,750
$2,400
$2,670
Questions about West Creek, NJ rents
How much will Section 8 pay for a two-bedroom in West Creek, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,010, that basic range is $1,809 to $2,211 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 West Creek, NJ in?
West Creek, 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 West Creek, NJ for FY 2027?
The two-bedroom FMR rose 3.6%, from $1,940 in FY 2026 to $2,010 in FY 2027. Since FY 2023 it has risen 14.9%.
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