08611
ZIPFMR
Mercer County, NJ
BRFMR
Eff. Rent
0 BR$1,344$1,344
1 BR$1,545$1,545
2 BR$1,950$1,950
3 BR$2,338$2,330
4 BR$2,670$2,430
5 BR$3,070
6 BR$3,531
7 BR$4,061
8 BR$4,670

Market Alignment

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

Studio
Studio
0.67ratio
FMR$1,344
Market$2,010
vs market-$666

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

0.67
1 BR
1 BR
0.89ratio
FMR$1,545
Market$1,740
vs market-$195

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

0.89
2 BR
2 BR
0.97ratio
FMR$1,950
Market$2,000
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.97
3 BR
3 BR
1.00ratio
FMR$2,338
Market$2,330
vs market+$8

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.00
4 BR
4 BR
1.10ratio
FMR$2,670
Market$2,430
vs market+$240

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.10
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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
$227,853
Rent
$1,950
Down payment
$45,571
Loan
$182,282
Mortgage
$1,152
Expenses
$598
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 08611 (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.