Home/NJ/Salem County
Salem County, NJ
CountyFMR
Found 15 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,397▲$1,130 – $1,540
1 BR$1,520▲$1,240 – $1,670
2 BR$1,810▲$1,410 – $1,990
3 BR$2,170▼$1,710 – $2,390
4 BR$2,423▼$1,810 – $2,670
5 BR$2,786▼—
6 BR$3,204▼—
7 BR$3,685▼—
8 BR$4,238▼—

Purchase Price Calculator

Maximum purchase price
$210,021

Cost breakdown

+Likely effective rent$1,830
HUD FMR$1,810
Market rent$1,840
Est. payment standard (101%)Used$1,830
Estimated payment standard is $1,830 (101% of FMR).
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Current value$210,021
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Current value$210,021
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Current value$210,021
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
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- 1 ZIP
0.59ratio
FMR$1,397
Market$2,350
vs market-$953

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

90% standard$1,257 / 0.54 ratio110% standard$1,537 / 0.65 ratio
Studio- 2 ZIPs
0.76-0.77ratio range
Median FMR$1,397
Median Market$1,835
vs market-$438

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

90% standard$1,257 / 0.69 ratio110% standard$1,537 / 0.84 ratio
2
Studio- 1 ZIP
0.81ratio
FMR$1,397
Market$1,730
vs market-$333

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

90% standard$1,257 / 0.73 ratio110% standard$1,537 / 0.89 ratio
Studio- 2 ZIPs
0.95-0.96ratio range
Median FMR$1,397
Median Market$1,460
vs market-$63

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

90% standard$1,257 / 0.86 ratio110% standard$1,537 / 1.05 ratio
2
Studio- 3 ZIPs
0.99-1.02ratio range
Median FMR$1,397
Median Market$1,380
vs market+$17

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

90% standard$1,257 / 0.91 ratio110% standard$1,537 / 1.11 ratio
3
Studio- 3 ZIPs
1.03-1.06ratio range
Median FMR$1,397
Median Market$1,350
vs market+$47

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

90% standard$1,257 / 0.93 ratio110% standard$1,537 / 1.14 ratio
3
Studio- 1 ZIP
1.17ratio
FMR$1,397
Market$1,190
vs market+$207

FMR is above market; underwrite to market rent.

90% standard$1,257 / 1.06 ratio110% standard$1,537 / 1.29 ratio
Studio- 1 ZIP
1.24ratio
FMR$1,397
Market$1,130
vs market+$267

FMR is above market; underwrite to market rent.

90% standard$1,257 / 1.11 ratio110% standard$1,537 / 1.36 ratio
0.59-1.24
1 BR
1 BR- 1 ZIP
0.66ratio
FMR$1,520
Market$2,290
vs market-$770

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

90% standard$1,368 / 0.60 ratio110% standard$1,672 / 0.73 ratio
1 BR- 2 ZIPs
0.83-0.84ratio range
Median FMR$1,520
Median Market$1,830
vs market-$310

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

90% standard$1,368 / 0.75 ratio110% standard$1,672 / 0.91 ratio
2
1 BR- 1 ZIP
0.87ratio
FMR$1,520
Market$1,740
vs market-$220

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

90% standard$1,368 / 0.79 ratio110% standard$1,672 / 0.96 ratio
1 BR- 1 ZIP
1.01ratio
FMR$1,520
Market$1,500
vs market+$20

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

90% standard$1,368 / 0.91 ratio110% standard$1,672 / 1.11 ratio
1 BR- 4 ZIPs
1.02-1.06ratio range
Median FMR$1,520
Median Market$1,450
vs market+$70

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

90% standard$1,368 / 0.94 ratio110% standard$1,672 / 1.15 ratio
4
1 BR- 1 ZIP
1.07ratio
FMR$1,520
Market$1,420
vs market+$100

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

90% standard$1,368 / 0.96 ratio110% standard$1,672 / 1.18 ratio
1 BR- 2 ZIPs
1.10-1.13ratio range
Median FMR$1,520
Median Market$1,360
vs market+$160

FMR is above market; underwrite to market rent.

90% standard$1,368 / 1.01 ratio110% standard$1,672 / 1.23 ratio
2
1 BR- 1 ZIP
1.17ratio
FMR$1,520
Market$1,300
vs market+$220

FMR is above market; underwrite to market rent.

90% standard$1,368 / 1.05 ratio110% standard$1,672 / 1.29 ratio
1 BR- 1 ZIP
1.23ratio
FMR$1,520
Market$1,240
vs market+$280

FMR is above market; underwrite to market rent.

90% standard$1,368 / 1.10 ratio110% standard$1,672 / 1.35 ratio
0.66-1.23
2 BR
2 BR- 1 ZIP
0.75ratio
FMR$1,810
Market$2,420
vs market-$610

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

90% standard$1,629 / 0.67 ratio110% standard$1,991 / 0.82 ratio
1
2 BR- 2 ZIPs
0.83-0.85ratio range
Median FMR$1,810
Median Market$2,160
vs market-$350

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

90% standard$1,629 / 0.75 ratio110% standard$1,991 / 0.92 ratio
2
2 BR- 2 ZIPs
0.87-0.89ratio range
Median FMR$1,810
Median Market$2,065
vs market-$255

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

90% standard$1,629 / 0.79 ratio110% standard$1,991 / 0.96 ratio
2
2 BR- 1 ZIP
0.92ratio
FMR$1,810
Market$1,970
vs market-$160

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

90% standard$1,629 / 0.83 ratio110% standard$1,991 / 1.01 ratio
1
2 BR- 1 ZIP
0.95ratio
FMR$1,810
Market$1,910
vs market-$100

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

90% standard$1,629 / 0.85 ratio110% standard$1,991 / 1.04 ratio
1
2 BR- 2 ZIPs
1.02-1.03ratio range
Median FMR$1,810
Median Market$1,765
vs market+$45

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

90% standard$1,629 / 0.92 ratio110% standard$1,991 / 1.13 ratio
2
2 BR- 1 ZIP
1.10ratio
FMR$1,810
Market$1,650
vs market+$160

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

90% standard$1,629 / 0.99 ratio110% standard$1,991 / 1.21 ratio
1
2 BR- 1 ZIP
1.13ratio
FMR$1,810
Market$1,600
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,629 / 1.02 ratio110% standard$1,991 / 1.24 ratio
1
2 BR- 2 ZIPs
1.16-1.18ratio range
Median FMR$1,810
Median Market$1,550
vs market+$260

FMR is above market; underwrite to market rent.

90% standard$1,629 / 1.05 ratio110% standard$1,991 / 1.28 ratio
2
2 BR- 1 ZIP
1.28ratio
FMR$1,810
Market$1,410
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$1,629 / 1.16 ratio110% standard$1,991 / 1.41 ratio
1
0.75-1.28
3 BR
3 BR- 1 ZIP
0.79ratio
FMR$2,170
Market$2,740
vs market-$570

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

90% standard$1,953 / 0.71 ratio110% standard$2,387 / 0.87 ratio
3 BR- 2 ZIPs
0.88-0.89ratio range
Median FMR$2,170
Median Market$2,450
vs market-$280

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

90% standard$1,953 / 0.80 ratio110% standard$2,387 / 0.97 ratio
2
3 BR- 2 ZIPs
0.93-0.94ratio range
Median FMR$2,170
Median Market$2,330
vs market-$160

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

90% standard$1,953 / 0.84 ratio110% standard$2,387 / 1.02 ratio
2
3 BR- 1 ZIP
1.00ratio
FMR$2,170
Market$2,160
vs market+$10

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

90% standard$1,953 / 0.90 ratio110% standard$2,387 / 1.11 ratio
3 BR- 3 ZIPs
1.04-1.06ratio range
Median FMR$2,170
Median Market$2,060
vs market+$110

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

90% standard$1,953 / 0.95 ratio110% standard$2,387 / 1.16 ratio
3
3 BR- 1 ZIP
1.08ratio
FMR$2,170
Market$2,000
vs market+$170

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

90% standard$1,953 / 0.98 ratio110% standard$2,387 / 1.19 ratio
3 BR- 1 ZIP
1.17ratio
FMR$2,170
Market$1,850
vs market+$320

FMR is above market; underwrite to market rent.

90% standard$1,953 / 1.06 ratio110% standard$2,387 / 1.29 ratio
3 BR- 2 ZIPs
1.21-1.23ratio range
Median FMR$2,170
Median Market$1,785
vs market+$385

FMR is above market; underwrite to market rent.

90% standard$1,953 / 1.09 ratio110% standard$2,387 / 1.34 ratio
2
3 BR- 1 ZIP
1.27ratio
FMR$2,170
Market$1,710
vs market+$460

FMR is above market; underwrite to market rent.

90% standard$1,953 / 1.14 ratio110% standard$2,387 / 1.40 ratio
0.79-1.27
4 BR
4 BR- 1 ZIP
0.75ratio
FMR$2,423
Market$3,250
vs market-$827

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

90% standard$2,181 / 0.67 ratio110% standard$2,665 / 0.82 ratio
4 BR- 1 ZIP
0.85ratio
FMR$2,423
Market$2,850
vs market-$427

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

90% standard$2,181 / 0.77 ratio110% standard$2,665 / 0.94 ratio
4 BR- 1 ZIP
0.94ratio
FMR$2,423
Market$2,580
vs market-$157

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

90% standard$2,181 / 0.85 ratio110% standard$2,665 / 1.03 ratio
4 BR- 4 ZIPs
0.98-1.00ratio range
Median FMR$2,423
Median Market$2,450
vs market-$27

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

90% standard$2,181 / 0.89 ratio110% standard$2,665 / 1.09 ratio
4
4 BR- 1 ZIP
1.03ratio
FMR$2,423
Market$2,350
vs market+$73

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

90% standard$2,181 / 0.93 ratio110% standard$2,665 / 1.13 ratio
4 BR- 1 ZIP
1.08ratio
FMR$2,423
Market$2,250
vs market+$173

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

90% standard$2,181 / 0.97 ratio110% standard$2,665 / 1.18 ratio
4 BR- 1 ZIP
1.16ratio
FMR$2,423
Market$2,090
vs market+$333

FMR is above market; underwrite to market rent.

90% standard$2,181 / 1.04 ratio110% standard$2,665 / 1.28 ratio
4 BR- 1 ZIP
1.29ratio
FMR$2,423
Market$1,880
vs market+$543

FMR is above market; underwrite to market rent.

90% standard$2,181 / 1.16 ratio110% standard$2,665 / 1.42 ratio
4 BR- 3 ZIPs
1.32-1.34ratio range
Median FMR$2,423
Median Market$1,820
vs market+$603

FMR is above market; underwrite to market rent.

90% standard$2,181 / 1.20 ratio110% standard$2,665 / 1.46 ratio
3
0.75-1.34
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 Salem 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
08001080230803808067080690807008072080790808508098

Salem County, NJ fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for Salem County, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,810 and the 4 bedroom fair market rent is $2,423.

Use this page for searches like Salem County, NJ FMR, Salem County, NJ fair market rent, and Salem 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 Salem County, NJ
Bedroom sizeHUD FMR
Studio$1,397
1 bedroom$1,520
2 bedroom$1,810
3 bedroom$2,170
4 bedroom$2,423
08001 FMR08023 FMR08038 FMR08067 FMR08069 FMR08070 FMR08072 FMR08079 FMR