Home/NJ/Cape May County
Cape May County, NJ
CountyFMR
Found 22 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,320▲$1,450
1 BR$1,366▲$1,500
2 BR$1,792▲$1,970
3 BR$2,396▲$2,450 – $2,640
4 BR$2,405▲$2,470 – $2,650
5 BR$2,766▲—
6 BR$3,181▲—
7 BR$3,658▲—
8 BR$4,206▲—

Purchase Price Calculator

Maximum purchase price
$230,825

Cost breakdown

+Likely effective rent$1,970
HUD FMR$1,792
Market rent$2,330
Est. payment standard (110%)Used$1,970
Estimated payment standard is $1,970 (110% of FMR).
-Principal and interest-$1,167
Loan amount$184,660
Down payment$46,165
Rate6.50%
Term30 years
-Operating costs-$603
Property taxes-$231
Insurance-$175
Utilities$0
HOA$0
Management-$197
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,564(68.4% ROI)
Projected value
$248,573
Current value$230,825
Return breakdown
Property appreciation+$17,748
Loan principal paid down+$6,616
Rental cash flow+$7,200
5-year hold
+$54,130(117.3% ROI)
Projected value
$261,157
Current value$230,825
Return breakdown
Property appreciation+$30,332
Loan principal paid down+$11,798
Rental cash flow+$12,000
10-year hold
+$116,763(252.9% ROI)
Projected value
$295,475
Current value$230,825
Return breakdown
Property appreciation+$64,650
Loan principal paid down+$28,112
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 2 ZIPs
0.42-0.54ratio range
Median FMR$1,320
Median Market$2,815
vs market-$1,495

FMR is below market; voucher rent may lag private rents.

2
Studio- 3 ZIPs
0.69-0.70ratio range
Median FMR$1,320
Median Market$1,900
vs market-$580

FMR is below market; voucher rent may lag private rents.

90% standard$1,188 / 0.63 ratio110% standard$1,452 / 0.76 ratio
3
0.42-0.70
1 BR
1 BR- 2 ZIPs
0.65-0.66ratio range
Median FMR$1,366
Median Market$2,090
vs market-$724

FMR is below market; voucher rent may lag private rents.

90% standard$1,229 / 0.59 ratio110% standard$1,503 / 0.72 ratio
2
1 BR- 2 ZIPs
0.69-0.71ratio range
Median FMR$1,366
Median Market$1,960
vs market-$594

FMR is below market; voucher rent may lag private rents.

90% standard$1,229 / 0.63 ratio110% standard$1,503 / 0.77 ratio
2
1 BR- 1 ZIP
0.74ratio
FMR$1,366
Market$1,850
vs market-$484

FMR is below market; voucher rent may lag private rents.

90% standard$1,229 / 0.66 ratio110% standard$1,503 / 0.81 ratio
1
0.65-0.74
2 BR
2 BR- 1 ZIP
0.67ratio
FMR$1,792
Market$2,660
vs market-$868

FMR is below market; voucher rent may lag private rents.

90% standard$1,613 / 0.61 ratio110% standard$1,971 / 0.74 ratio
1
2 BR- 1 ZIP
0.69ratio
FMR$1,792
Market$2,610
vs market-$818

FMR is below market; voucher rent may lag private rents.

90% standard$1,613 / 0.62 ratio110% standard$1,971 / 0.76 ratio
1
2 BR- 1 ZIP
0.77ratio
FMR$1,792
Market$2,330
vs market-$538

FMR is below market; voucher rent may lag private rents.

90% standard$1,613 / 0.69 ratio110% standard$1,971 / 0.85 ratio
1
2 BR- 2 ZIPs
0.82-0.83ratio range
Median FMR$1,792
Median Market$2,170
vs market-$378

FMR is below market; voucher rent may lag private rents.

90% standard$1,613 / 0.74 ratio110% standard$1,971 / 0.91 ratio
2
0.67-0.83
3 BR
3 BR- 1 ZIP
0.69ratio
FMR$2,396
Market$3,490
vs market-$1,094

FMR is below market; voucher rent may lag private rents.

90% standard$2,156 / 0.62 ratio110% standard$2,636 / 0.76 ratio
1
3 BR- 1 ZIP
0.77ratio
FMR$2,396
Market$3,100
vs market-$704

FMR is below market; voucher rent may lag private rents.

90% standard$2,156 / 0.70 ratio110% standard$2,636 / 0.85 ratio
1
3 BR- 1 ZIP
0.93ratio
FMR$2,396
Market$2,580
vs market-$184

FMR is near market; voucher and private rents are aligned.

90% standard$2,156 / 0.84 ratio110% standard$2,636 / 1.02 ratio
1
3 BR- 2 ZIPs
0.95-0.97ratio range
Median FMR$2,396
Median Market$2,505
vs market-$109

FMR is near market; voucher and private rents are aligned.

90% standard$2,156 / 0.86 ratio110% standard$2,636 / 1.05 ratio
2
0.69-0.97
4 BR
4 BR- 1 ZIP
0.58ratio
FMR$2,405
Market$4,130
vs market-$1,725

FMR is below market; voucher rent may lag private rents.

90% standard$2,165 / 0.52 ratio110% standard$2,646 / 0.64 ratio
1
4 BR- 1 ZIP
0.81ratio
FMR$2,405
Market$2,960
vs market-$555

FMR is below market; voucher rent may lag private rents.

90% standard$2,165 / 0.73 ratio110% standard$2,646 / 0.89 ratio
1
4 BR- 1 ZIP
0.94ratio
FMR$2,405
Market$2,560
vs market-$155

FMR is near market; voucher and private rents are aligned.

90% standard$2,165 / 0.85 ratio110% standard$2,646 / 1.03 ratio
1
4 BR- 2 ZIPs
0.96ratio range
Median FMR$2,405
Median Market$2,510
vs market-$105

FMR is near market; voucher and private rents are aligned.

90% standard$2,165 / 0.86 ratio110% standard$2,646 / 1.05 ratio
2
0.58-0.96
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Cape May County, NJ (NJ) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

What is FMR?What is SAFMR?Data sourcesIncomplete geos
Related ZIPs
08202082040821008212082140821808219082230822608230

Cape May County, NJ fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for Cape May County, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,792 and the 4 bedroom fair market rent is $2,405.

Use this page for searches like Cape May County, NJ FMR, Cape May County, NJ fair market rent, and Cape May County, NJ Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for Cape May County, NJ
Bedroom sizeHUD FMR
Studio$1,320
1 bedroom$1,366
2 bedroom$1,792
3 bedroom$2,396
4 bedroom$2,405
08202 FMR08204 FMR08210 FMR08212 FMR08214 FMR08218 FMR08219 FMR08223 FMR