FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR
0.90ratio
FMR$2,280
Market$2,540
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.90
2 BR
2 BR
0.97ratio
FMR$2,890
Market$2,980
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR
0.78ratio
FMR$3,500
Market$4,460
vs market-$960
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR
0.76ratio
FMR$3,940
Market$5,180
vs market-$1,240
FMR is below market; voucher rent may lag private rents.
0.76
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 08528 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08528 (Kingston, NJ) is $2,890 a month. That is up 9.9% from $2,630 in FY 2026. Kingston is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,623. Among 41 ZIP codes in Somerset County, 08528 is tied for the 16th-highest two-bedroom rent (county range $2,290–$3,400). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08528 is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 08528
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,840
$2,050
+11.4%
$1,845–$2,255
1BR
$2,090
$2,280
+9.1%
$2,052–$2,508
2BR
$2,630
$2,890
+9.9%
$2,601–$3,179
3BR
$3,150
$3,500
+11.1%
$3,150–$3,850
4BR
$3,570
$3,940
+10.4%
$3,546–$4,334
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 08528
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,050
$2,280
$2,890
$3,500
$3,940
FY 2026
$1,840
$2,090
$2,630
$3,150
$3,570
FY 2025
$1,860
$2,130
$2,690
$3,240
$3,630
FY 2024
$1,860
$2,120
$2,710
$3,280
$3,610
FY 2023
$1,600
$1,820
$2,370
$2,880
$3,180
Two-bedroom rent in nearby Somerset County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 08528?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,890 it would be $2,601 to $3,179. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is ZIP 08528 in?
ZIP 08528 is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.
How much did fair market rent change in ZIP 08528 for FY 2027?
The two-bedroom FMR rose 9.9%, from $2,630 in FY 2026 to $2,890 in FY 2027. Since FY 2023 it has risen 21.9%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set