08320
ZIPFMR
Cumberland County, NJ
BRFMR
Eff. Rent
0 BR$1,280$1,170
1 BR$1,375$1,220
2 BR$1,673$1,840
3 BR$2,303$2,140
4 BR$2,311$2,420
5 BR$2,658
6 BR$3,056
7 BR$3,515
8 BR$4,042

Purchase Price Calculator

Maximum purchase price
$211,507

Cost breakdown

+Likely effective rent$1,840
HUD FMR$1,673
Market rent$2,020
Est. payment standard (110%)Used$1,840
Estimated payment standard is $1,840 (110% of FMR).
-Principal and interest-$1,069
Loan amount$169,205
Down payment$42,301
Rate6.50%
Term30 years
-Operating costs-$571
Property taxes-$212
Insurance-$175
Utilities$0
HOA$0
Management-$184
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,525(69.8% ROI)
Projected value
$227,770
Current value$211,507
Return breakdown
Property appreciation+$16,263
Loan principal paid down+$6,062
Rental cash flow+$7,200
5-year hold
+$50,604(119.6% ROI)
Projected value
$239,300
Current value$211,507
Return breakdown
Property appreciation+$27,794
Loan principal paid down+$10,811
Rental cash flow+$12,000
10-year hold
+$108,999(257.7% ROI)
Projected value
$270,747
Current value$211,507
Return breakdown
Property appreciation+$59,240
Loan principal paid down+$25,760
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
1.09ratio
FMR$1,280
Market$1,170
vs market+$110

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

90% standard$1,152 / 0.98 ratio110% standard$1,408 / 1.20 ratio
1.09
1 BR
1 BR
1.13ratio
FMR$1,375
Market$1,220
vs market+$155

FMR is above market; underwrite to market rent.

90% standard$1,238 / 1.01 ratio110% standard$1,513 / 1.24 ratio
1.13
2 BR
2 BR
0.83ratio
FMR$1,673
Market$2,020
vs market-$347

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

90% standard$1,506 / 0.75 ratio110% standard$1,840 / 0.91 ratio
0.83
3 BR
3 BR
1.08ratio
FMR$2,303
Market$2,140
vs market+$163

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

90% standard$2,073 / 0.97 ratio110% standard$2,533 / 1.18 ratio
1.08
4 BR
4 BR
0.93ratio
FMR$2,311
Market$2,480
vs market-$169

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

90% standard$2,080 / 0.84 ratio110% standard$2,542 / 1.03 ratio
0.93
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 08320 (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.

08320 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 08320 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,673 and the 4 bedroom fair market rent is $2,311.

Use this page for searches like 08320 FMR, 08320 fair market rent, and 08320 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 08320
Bedroom sizeHUD FMR
Studio$1,280
1 bedroom$1,375
2 bedroom$1,673
3 bedroom$2,303
4 bedroom$2,311