08323
ZIPFMR
Cumberland County, NJ
BRFMR
Eff. Rent
0 BR$1,280$1,210
1 BR$1,375$1,260
2 BR$1,673$1,740
3 BR$2,303$1,900
4 BR$2,311$1,900
5 BR$2,658
6 BR$3,056
7 BR$3,515
8 BR$4,042

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMR$1,673
Market rent$1,770
Est. payment standard (104%)Used$1,740
Estimated payment standard is $1,740 (104% of FMR).
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Current value$196,647
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Current value$196,647
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Current value$196,647
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
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
1.06ratio
FMR$1,280
Market$1,210
vs market+$70

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

90% standard$1,152 / 0.95 ratio110% standard$1,408 / 1.16 ratio
1.06
1 BR
1 BR
1.09ratio
FMR$1,375
Market$1,260
vs market+$115

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

90% standard$1,238 / 0.98 ratio110% standard$1,513 / 1.20 ratio
1.09
2 BR
2 BR
0.95ratio
FMR$1,673
Market$1,770
vs market-$97

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

90% standard$1,506 / 0.85 ratio110% standard$1,840 / 1.04 ratio
0.95
3 BR
3 BR
1.21ratio
FMR$2,303
Market$1,900
vs market+$403

FMR is above market; underwrite to market rent.

90% standard$2,073 / 1.09 ratio110% standard$2,533 / 1.33 ratio
1.21
4 BR
4 BR
1.22ratio
FMR$2,311
Market$1,900
vs market+$411

FMR is above market; underwrite to market rent.

90% standard$2,080 / 1.09 ratio110% standard$2,542 / 1.34 ratio
1.22
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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 08323 (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.

08323 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 08323 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 08323 FMR, 08323 fair market rent, and 08323 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 08323
Bedroom sizeHUD FMR
Studio$1,280
1 bedroom$1,375
2 bedroom$1,673
3 bedroom$2,303
4 bedroom$2,311