Home/NJ/Somerset County
Somerset County, NJ
CountyFMR
Found 41 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,804▲$1,730 – $1,980
1 BR$1,978▲$1,890 – $2,180
2 BR$2,486▲$2,470 – $2,730
3 BR$2,981▲$3,020 – $3,280
4 BR$3,296▲$3,350 – $3,630
5 BR$3,790▲—
6 BR$4,359▲—
7 BR$5,013▲—
8 BR$5,765▲—

Purchase Price Calculator

Maximum purchase price
$343,760

Cost breakdown

+Likely effective rent$2,730
HUD FMR$2,486
Market rent$2,920
Est. payment standard (110%)Used$2,730
Estimated payment standard is $2,730 (110% of FMR).
-Principal and interest-$1,738
Loan amount$275,008
Down payment$68,752
Rate6.50%
Term30 years
-Operating costs-$792
Property taxes-$344
Insurance-$175
Utilities$0
HOA$0
Management-$273
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,485(63.2% ROI)
Projected value
$370,192
Current value$343,760
Return breakdown
Property appreciation+$26,432
Loan principal paid down+$9,853
Rental cash flow+$7,200
5-year hold
+$74,743(108.7% ROI)
Projected value
$388,933
Current value$343,760
Return breakdown
Property appreciation+$45,173
Loan principal paid down+$17,570
Rental cash flow+$12,000
10-year hold
+$162,149(235.8% ROI)
Projected value
$440,042
Current value$343,760
Return breakdown
Property appreciation+$96,282
Loan principal paid down+$41,867
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- 21 ZIPs
0.29-0.64ratio range
Median FMR$1,804
Median Market$3,430
vs market-$1,626

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

21
Studio- 4 ZIPs
0.64-0.68ratio range
Median FMR$1,804
Median Market$2,775
vs market-$971

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

90% standard$1,624 / 0.59 ratio110% standard$1,984 / 0.72 ratio
Studio- 1 ZIP
0.73ratio
FMR$1,804
Market$2,480
vs market-$676

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

90% standard$1,624 / 0.65 ratio110% standard$1,984 / 0.80 ratio
Studio- 2 ZIPs
0.73-0.74ratio range
Median FMR$1,804
Median Market$2,445
vs market-$641

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

90% standard$1,624 / 0.66 ratio110% standard$1,984 / 0.81 ratio
Studio- 3 ZIPs
0.78-0.79ratio range
Median FMR$1,804
Median Market$2,310
vs market-$506

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

90% standard$1,624 / 0.70 ratio110% standard$1,984 / 0.86 ratio
Studio- 3 ZIPs
0.82-0.85ratio range
Median FMR$1,804
Median Market$2,120
vs market-$316

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

90% standard$1,624 / 0.77 ratio110% standard$1,984 / 0.94 ratio
Studio- 2 ZIPs
0.88-0.89ratio range
Median FMR$1,804
Median Market$2,035
vs market-$231

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

90% standard$1,624 / 0.80 ratio110% standard$1,984 / 0.98 ratio
Studio- 1 ZIP
0.92ratio
FMR$1,804
Market$1,960
vs market-$156

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

90% standard$1,624 / 0.83 ratio110% standard$1,984 / 1.01 ratio
Studio- 2 ZIPs
0.99-1.01ratio range
Median FMR$1,804
Median Market$1,800
vs market+$4

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

90% standard$1,624 / 0.90 ratio110% standard$1,984 / 1.10 ratio
Studio- 2 ZIPs
1.04ratio range
Median FMR$1,804
Median Market$1,735
vs market+$69

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

90% standard$1,624 / 0.94 ratio110% standard$1,984 / 1.14 ratio
0.29-1.04
1 BR
1 BR- 2 ZIPs
0.68ratio range
Median FMR$1,978
Median Market$2,890
vs market-$912

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

90% standard$1,780 / 0.62 ratio110% standard$2,176 / 0.75 ratio
1 BR- 4 ZIPs
0.69-0.70ratio range
Median FMR$1,978
Median Market$2,860
vs market-$882

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

90% standard$1,780 / 0.62 ratio110% standard$2,176 / 0.76 ratio
1 BR- 2 ZIPs
0.74-0.76ratio range
Median FMR$1,978
Median Market$2,625
vs market-$647

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

90% standard$1,780 / 0.68 ratio110% standard$2,176 / 0.83 ratio
1 BR- 6 ZIPs
0.78-0.81ratio range
Median FMR$1,978
Median Market$2,520
vs market-$542

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

90% standard$1,780 / 0.71 ratio110% standard$2,176 / 0.86 ratio
6
1 BR- 4 ZIPs
0.85-0.86ratio range
Median FMR$1,978
Median Market$2,325
vs market-$347

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

90% standard$1,780 / 0.77 ratio110% standard$2,176 / 0.94 ratio
1 BR- 9 ZIPs
0.86-0.90ratio range
Median FMR$1,978
Median Market$2,240
vs market-$262

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

90% standard$1,780 / 0.79 ratio110% standard$2,176 / 0.97 ratio
9
1 BR- 6 ZIPs
0.90-0.93ratio range
Median FMR$1,978
Median Market$2,180
vs market-$202

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

90% standard$1,780 / 0.82 ratio110% standard$2,176 / 1.00 ratio
6
1 BR- 5 ZIPs
0.94-0.96ratio range
Median FMR$1,978
Median Market$2,050
vs market-$72

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

90% standard$1,780 / 0.87 ratio110% standard$2,176 / 1.06 ratio
5
1 BR- 2 ZIPs
1.01-1.02ratio range
Median FMR$1,978
Median Market$1,950
vs market+$28

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

90% standard$1,780 / 0.91 ratio110% standard$2,176 / 1.12 ratio
1 BR- 1 ZIP
1.05ratio
FMR$1,978
Market$1,890
vs market+$88

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

90% standard$1,780 / 0.94 ratio110% standard$2,176 / 1.15 ratio
0.68-1.05
2 BR
2 BR- 3 ZIPs
0.74-0.77ratio range
Median FMR$2,486
Median Market$3,310
vs market-$824

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

90% standard$2,237 / 0.68 ratio110% standard$2,735 / 0.83 ratio
2 BR- 8 ZIPs
0.77-0.80ratio range
Median FMR$2,486
Median Market$3,155
vs market-$669

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

90% standard$2,237 / 0.71 ratio110% standard$2,735 / 0.87 ratio
8
2 BR- 11 ZIPs
0.82-0.85ratio range
Median FMR$2,486
Median Market$2,980
vs market-$494

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

90% standard$2,237 / 0.75 ratio110% standard$2,735 / 0.92 ratio
11
2 BR- 4 ZIPs
0.86-0.88ratio range
Median FMR$2,486
Median Market$2,850
vs market-$364

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

90% standard$2,237 / 0.79 ratio110% standard$2,735 / 0.96 ratio
2 BR- 9 ZIPs
0.90-0.92ratio range
Median FMR$2,486
Median Market$2,730
vs market-$244

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

90% standard$2,237 / 0.82 ratio110% standard$2,735 / 1.00 ratio
9
2 BR- 4 ZIPs
0.94-0.97ratio range
Median FMR$2,486
Median Market$2,550
vs market-$64

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

90% standard$2,237 / 0.88 ratio110% standard$2,735 / 1.07 ratio
2 BR- 2 ZIPs
1.00-1.01ratio range
Median FMR$2,486
Median Market$2,480
vs market+$6

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

90% standard$2,237 / 0.90 ratio110% standard$2,735 / 1.10 ratio
0.74-1.01
3 BR
3 BR- 2 ZIPs
0.62ratio range
Median FMR$2,981
Median Market$4,785
vs market-$1,804

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

90% standard$2,683 / 0.56 ratio110% standard$3,279 / 0.69 ratio
3 BR- 3 ZIPs
0.67-0.68ratio range
Median FMR$2,981
Median Market$4,420
vs market-$1,439

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

90% standard$2,683 / 0.61 ratio110% standard$3,279 / 0.74 ratio
3 BR- 5 ZIPs
0.69-0.71ratio range
Median FMR$2,981
Median Market$4,210
vs market-$1,229

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

90% standard$2,683 / 0.64 ratio110% standard$3,279 / 0.78 ratio
5
3 BR- 4 ZIPs
0.73-0.76ratio range
Median FMR$2,981
Median Market$4,025
vs market-$1,044

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

90% standard$2,683 / 0.67 ratio110% standard$3,279 / 0.81 ratio
4
3 BR- 5 ZIPs
0.77-0.81ratio range
Median FMR$2,981
Median Market$3,820
vs market-$839

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

90% standard$2,683 / 0.70 ratio110% standard$3,279 / 0.86 ratio
5
3 BR- 7 ZIPs
0.83-0.86ratio range
Median FMR$2,981
Median Market$3,550
vs market-$569

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

90% standard$2,683 / 0.76 ratio110% standard$3,279 / 0.92 ratio
7
3 BR- 7 ZIPs
0.86-0.89ratio range
Median FMR$2,981
Median Market$3,360
vs market-$379

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

90% standard$2,683 / 0.80 ratio110% standard$3,279 / 0.98 ratio
7
3 BR- 6 ZIPs
0.90-0.93ratio range
Median FMR$2,981
Median Market$3,295
vs market-$314

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

90% standard$2,683 / 0.81 ratio110% standard$3,279 / 1.00 ratio
6
3 BR- 1 ZIP
0.96ratio
FMR$2,981
Market$3,120
vs market-$139

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

90% standard$2,683 / 0.86 ratio110% standard$3,279 / 1.05 ratio
3 BR- 1 ZIP
0.98ratio
FMR$2,981
Market$3,040
vs market-$59

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

90% standard$2,683 / 0.88 ratio110% standard$3,279 / 1.08 ratio
0.62-0.98
4 BR
4 BR- 10 ZIPs
0.53-0.64ratio range
Median FMR$3,296
Median Market$5,445
vs market-$2,149

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

90% standard$2,966 / 0.54 ratio110% standard$3,626 / 0.67 ratio
10
4 BR- 6 ZIPs
0.65-0.66ratio range
Median FMR$3,296
Median Market$5,045
vs market-$1,749

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

90% standard$2,966 / 0.59 ratio110% standard$3,626 / 0.72 ratio
6
4 BR- 5 ZIPs
0.69-0.72ratio range
Median FMR$3,296
Median Market$4,750
vs market-$1,454

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

90% standard$2,966 / 0.62 ratio110% standard$3,626 / 0.76 ratio
5
4 BR- 3 ZIPs
0.73-0.77ratio range
Median FMR$3,296
Median Market$4,510
vs market-$1,214

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

90% standard$2,966 / 0.66 ratio110% standard$3,626 / 0.80 ratio
4 BR- 3 ZIPs
0.77-0.81ratio range
Median FMR$3,296
Median Market$4,200
vs market-$904

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

90% standard$2,966 / 0.71 ratio110% standard$3,626 / 0.86 ratio
4 BR- 4 ZIPs
0.82-0.84ratio range
Median FMR$3,296
Median Market$3,965
vs market-$669

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

90% standard$2,966 / 0.75 ratio110% standard$3,626 / 0.91 ratio
4 BR- 5 ZIPs
0.86-0.88ratio range
Median FMR$3,296
Median Market$3,770
vs market-$474

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

90% standard$2,966 / 0.79 ratio110% standard$3,626 / 0.96 ratio
5
4 BR- 3 ZIPs
0.90-0.92ratio range
Median FMR$3,296
Median Market$3,660
vs market-$364

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

90% standard$2,966 / 0.81 ratio110% standard$3,626 / 0.99 ratio
4 BR- 2 ZIPs
0.95-0.98ratio range
Median FMR$3,296
Median Market$3,430
vs market-$134

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

90% standard$2,966 / 0.87 ratio110% standard$3,626 / 1.06 ratio
0.53-0.98
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 Somerset 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
07059070600706207063070690707607920079210792207924

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

The FY 2026 HUD Fair Market Rent (FMR) page for Somerset County, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,486 and the 4 bedroom fair market rent is $3,296.

Use this page for searches like Somerset County, NJ FMR, Somerset County, NJ fair market rent, and Somerset 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 Somerset County, NJ
Bedroom sizeHUD FMR
Studio$1,804
1 bedroom$1,978
2 bedroom$2,486
3 bedroom$2,981
4 bedroom$3,296
07059 FMR07060 FMR07062 FMR07063 FMR07069 FMR07076 FMR07920 FMR07921 FMR