07978
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
0.40ratio
FMR$1,804
Market$4,490
vs market-$2,686

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

0.40
1 BR
1 BR
0.81ratio
FMR$1,978
Market$2,430
vs market-$452

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

0.81
2 BR
2 BR
0.82ratio
FMR$2,486
Market$3,030
vs market-$544

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

0.82
3 BR
3 BR
0.68ratio
FMR$2,981
Market$4,390
vs market-$1,409

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

0.68
4 BR
4 BR
0.60ratio
FMR$3,296
Market$5,470
vs market-$2,174

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

0.60
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 07978 (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.