FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 07765
1.02ratio
FMR$1,880
Market$1,850
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 07765
1.00ratio
FMR$2,330
Market$2,330
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 07765
0.80ratio
FMR$2,990
Market$3,750
vs market-$760
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 07765
0.70ratio
FMR$3,310
Market$4,730
vs market-$1,420
FMR is below market; voucher rent may lag private rents.
0.70
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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Wickatunk, NJ fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Wickatunk, NJ is $2,330 a month. That is down 1.3% from $2,360 in FY 2026. Wickatunk 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 Wickatunk is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Wickatunk, NJ
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,700
$1,710
+0.6%
$1,539–$1,881
1BR
$1,910
$1,880
−1.6%
$1,692–$2,068
2BR
$2,360
$2,330
−1.3%
$2,097–$2,563
3BR
$3,090
$2,990
−3.2%
$2,691–$3,289
4BR
$3,420
$3,310
−3.2%
$2,979–$3,641
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Wickatunk, NJ
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,710
$1,880
$2,330
$2,990
$3,310
FY 2026
$1,700
$1,910
$2,360
$3,090
$3,420
FY 2025
$1,480
$1,660
$2,050
$2,730
$3,040
FY 2024
$1,380
$1,540
$1,910
$2,600
$2,900
FY 2023
$1,140
$1,270
$1,590
$2,180
$2,420
Questions about Wickatunk, NJ rents
How much will Section 8 pay for a two-bedroom in Wickatunk, NJ?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,330, that basic range is $2,097 to $2,563 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 Wickatunk, NJ in?
Wickatunk, 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 Wickatunk, NJ for FY 2027?
The two-bedroom FMR fell 1.3%, from $2,360 in FY 2026 to $2,330 in FY 2027. Since FY 2023 it has risen 46.5%.
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