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Monmouth County, NJ
CountyFMR
Found 61 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,676▲$1,430 – $1,676
1 BR$1,889▲$1,540 – $1,889
2 BR$2,328▲$1,840 – $2,328
3 BR$3,043▲$2,530 – $3,043
4 BR$3,371▲$2,510 – $3,371
5 BR$3,877▲—
6 BR$4,458▲—
7 BR$5,127▲—
8 BR$5,896▲—

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 18 ZIPs
0.33–0.63ratio range
Median FMR$1,676
Median Market$2,920
vs market-$1,244

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

18
Studio· 5 ZIPs
0.64–0.67ratio range
Median FMR$1,676
Median Market$2,520
vs market-$844

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 8 ZIPs
0.70–0.73ratio range
Median FMR$1,676
Median Market$2,355
vs market-$679

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 7 ZIPs
0.73–0.76ratio range
Median FMR$1,676
Median Market$2,230
vs market-$554

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 7 ZIPs
0.78–0.80ratio range
Median FMR$1,676
Median Market$2,120
vs market-$444

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 5 ZIPs
0.82–0.85ratio range
Median FMR$1,676
Median Market$2,020
vs market-$344

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 2 ZIPs
0.86–0.88ratio range
Median FMR$1,676
Median Market$1,925
vs market-$249

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 7 ZIPs
0.91–0.94ratio range
Median FMR$1,676
Median Market$1,790
vs market-$114

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
0.96ratio
FMR$1,676
Market$1,750
vs market-$74

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
1.17ratio
FMR$1,676
Market$1,430
vs market+$246

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.33–1.17
1 BR
1 BR· 2 ZIPs
0.58–0.63ratio range
Median FMR$1,889
Median Market$3,140
vs market-$1,251

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 8 ZIPs
0.66–0.68ratio range
Median FMR$1,889
Median Market$2,810
vs market-$921

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

8
1 BR· 7 ZIPs
0.69–0.72ratio range
Median FMR$1,889
Median Market$2,630
vs market-$741

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

7
1 BR· 11 ZIPs
0.73–0.76ratio range
Median FMR$1,889
Median Market$2,510
vs market-$621

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

11
1 BR· 5 ZIPs
0.79–0.81ratio range
Median FMR$1,889
Median Market$2,350
vs market-$461

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 14 ZIPs
0.82–0.85ratio range
Median FMR$1,889
Median Market$2,270
vs market-$381

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

14
1 BR· 2 ZIPs
0.87–0.90ratio range
Median FMR$1,889
Median Market$2,130
vs market-$241

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 1 ZIP
0.94ratio
FMR$1,889
Market$2,010
vs market-$121

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 1 ZIP
0.96ratio
FMR$1,889
Market$1,970
vs market-$81

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 2 ZIPs
0.98–0.99ratio range
Median FMR$1,889
Median Market$1,910
vs market-$21

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 7 ZIPs
1.02–1.05ratio range
Median FMR$1,889
Median Market$1,850
vs market+$39

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

7
1 BR· 1 ZIP
1.23ratio
FMR$1,889
Market$1,540
vs market+$349

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.58–1.23
2 BR
2 BR· 5 ZIPs
0.54–0.63ratio range
Median FMR$2,328
Median Market$3,840
vs market-$1,512

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

5
2 BR· 2 ZIPs
0.67–0.68ratio range
Median FMR$2,328
Median Market$3,460
vs market-$1,132

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 5 ZIPs
0.69–0.71ratio range
Median FMR$2,328
Median Market$3,310
vs market-$982

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

5
2 BR· 8 ZIPs
0.73–0.76ratio range
Median FMR$2,328
Median Market$3,125
vs market-$797

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

8
2 BR· 9 ZIPs
0.77–0.81ratio range
Median FMR$2,328
Median Market$2,900
vs market-$572

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

9
2 BR· 8 ZIPs
0.83–0.86ratio range
Median FMR$2,328
Median Market$2,760
vs market-$432

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

8
2 BR· 8 ZIPs
0.86–0.89ratio range
Median FMR$2,328
Median Market$2,660
vs market-$332

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

8
2 BR· 6 ZIPs
0.91–0.94ratio range
Median FMR$2,328
Median Market$2,495
vs market-$167

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

6
2 BR· 2 ZIPs
0.97ratio range
Median FMR$2,328
Median Market$2,400
vs market-$72

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 7 ZIPs
1.00–1.01ratio range
Median FMR$2,328
Median Market$2,330
vs market-$2

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

7
2 BR· 1 ZIP
1.27ratio
FMR$2,328
Market$1,840
vs market+$488

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.54–1.27
3 BR
3 BR· 3 ZIPs
0.41–0.63ratio range
Median FMR$3,043
Median Market$5,020
vs market-$1,977

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 4 ZIPs
0.66–0.68ratio range
Median FMR$3,043
Median Market$4,535
vs market-$1,492

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 3 ZIPs
0.70–0.73ratio range
Median FMR$3,043
Median Market$4,220
vs market-$1,177

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 6 ZIPs
0.73–0.76ratio range
Median FMR$3,043
Median Market$4,050
vs market-$1,007

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 10 ZIPs
0.78–0.81ratio range
Median FMR$3,043
Median Market$3,765
vs market-$722

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

10
3 BR· 3 ZIPs
0.82–0.85ratio range
Median FMR$3,043
Median Market$3,690
vs market-$647

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 14 ZIPs
0.86–0.90ratio range
Median FMR$3,043
Median Market$3,475
vs market-$432

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

14
3 BR· 7 ZIPs
0.90–0.93ratio range
Median FMR$3,043
Median Market$3,270
vs market-$227

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

7
3 BR· 4 ZIPs
0.95–0.96ratio range
Median FMR$3,043
Median Market$3,195
vs market-$152

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 2 ZIPs
0.99–1.00ratio range
Median FMR$3,043
Median Market$3,065
vs market-$22

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 2 ZIPs
1.04–1.06ratio range
Median FMR$3,043
Median Market$2,905
vs market+$138

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 2 ZIPs
1.17ratio range
Median FMR$3,043
Median Market$2,605
vs market+$438

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

3 BR· 1 ZIP
1.20ratio
FMR$3,043
Market$2,530
vs market+$513

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.41–1.20
4 BR
4 BR· 10 ZIPs
0.39–0.64ratio range
Median FMR$3,371
Median Market$6,405
vs market-$3,034

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

10
4 BR· 5 ZIPs
0.67–0.68ratio range
Median FMR$3,371
Median Market$5,000
vs market-$1,629

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 11 ZIPs
0.69–0.72ratio range
Median FMR$3,371
Median Market$4,730
vs market-$1,359

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

11
4 BR· 3 ZIPs
0.74–0.77ratio range
Median FMR$3,371
Median Market$4,570
vs market-$1,199

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 7 ZIPs
0.78–0.81ratio range
Median FMR$3,371
Median Market$4,190
vs market-$819

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

7
4 BR· 7 ZIPs
0.82–0.85ratio range
Median FMR$3,371
Median Market$4,000
vs market-$629

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

7
4 BR· 10 ZIPs
0.86–0.89ratio range
Median FMR$3,371
Median Market$3,830
vs market-$459

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

10
4 BR· 2 ZIPs
0.90ratio range
Median FMR$3,371
Median Market$3,735
vs market-$364

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
0.97ratio
FMR$3,371
Market$3,490
vs market-$119

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
1.05ratio
FMR$3,371
Market$3,200
vs market+$171

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
1.09ratio
FMR$3,371
Market$3,100
vs market+$271

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
1.17ratio
FMR$3,371
Market$2,880
vs market+$491

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4 BR· 1 ZIP
1.28ratio
FMR$3,371
Market$2,640
vs market+$731

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4 BR· 1 ZIP
1.34ratio
FMR$3,371
Market$2,510
vs market+$861

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.39–1.34
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by average FMR (vs county median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Monmouth 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
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