07076
ZIPFMR
Somerset County, NJ
BRFMR
Eff. Rent
0 BR$1,804$1,804
1 BR$1,978$1,978
2 BR$2,486$2,486
3 BR$2,981$2,981
4 BR$3,296$3,296
5 BR$3,790
6 BR$4,359
7 BR$5,013
8 BR$5,765

Market Alignment

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

Studio
Studio
0.68ratio
FMR$1,804
Market$2,640
vs market-$836

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

0.68
1 BR
1 BR
0.85ratio
FMR$1,978
Market$2,320
vs market-$342

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

0.85
2 BR
2 BR
0.77ratio
FMR$2,486
Market$3,240
vs market-$754

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

0.77
3 BR
3 BR
0.73ratio
FMR$2,981
Market$4,070
vs market-$1,089

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

0.73
4 BR
4 BR
0.69ratio
FMR$3,296
Market$4,750
vs market-$1,454

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

0.69
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$307,502
Rent
$2,486
Down payment
$61,500
Loan
$246,002
Mortgage
$1,555
Expenses
$731
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 07076 (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.