08722
ZIPFMR
Ocean County, NJ
BRFMR
Eff. Rent
0 BR$1,676$1,840
1 BR$1,889$2,080
2 BR$2,328$2,460
3 BR$3,043$3,070
4 BR$3,371$3,530
5 BR$3,877
6 BR$4,458
7 BR$5,127
8 BR$5,896

Purchase Price Calculator

Maximum purchase price
$303,639

Cost breakdown

+Likely effective rent$2,460
HUD FMR$2,328
Market rent$2,530
Est. payment standard (106%)Used$2,460
Estimated payment standard is $2,460 (106% of FMR).
-Principal and interest-$1,535
Loan amount$242,911
Down payment$60,728
Rate6.50%
Term30 years
-Operating costs-$725
Property taxes-$304
Insurance-$175
Utilities$0
HOA$0
Management-$246
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,250(64.6% ROI)
Projected value
$326,985
Current value$303,639
Return breakdown
Property appreciation+$23,347
Loan principal paid down+$8,703
Rental cash flow+$7,200
5-year hold
+$67,420(111.0% ROI)
Projected value
$343,539
Current value$303,639
Return breakdown
Property appreciation+$39,901
Loan principal paid down+$15,520
Rental cash flow+$12,000
10-year hold
+$146,025(240.5% ROI)
Projected value
$388,683
Current value$303,639
Return breakdown
Property appreciation+$85,044
Loan principal paid down+$36,980
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
0.78ratio
FMR$1,676
Market$2,150
vs market-$474

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

90% standard$1,508 / 0.70 ratio110% standard$1,844 / 0.86 ratio
0.78
1 BR
1 BR
0.82ratio
FMR$1,889
Market$2,310
vs market-$421

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

90% standard$1,700 / 0.74 ratio110% standard$2,078 / 0.90 ratio
0.82
2 BR
2 BR
0.92ratio
FMR$2,328
Market$2,530
vs market-$202

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

90% standard$2,095 / 0.83 ratio110% standard$2,561 / 1.01 ratio
0.92
3 BR
3 BR
0.99ratio
FMR$3,043
Market$3,080
vs market-$37

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

90% standard$2,739 / 0.89 ratio110% standard$3,347 / 1.09 ratio
0.99
4 BR
4 BR
0.93ratio
FMR$3,371
Market$3,610
vs market-$239

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

90% standard$3,034 / 0.84 ratio110% standard$3,708 / 1.03 ratio
0.93
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 08722 (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.

08722 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 08722 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,328 and the 4 bedroom fair market rent is $3,371.

Use this page for searches like 08722 FMR, 08722 fair market rent, and 08722 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 08722
Bedroom sizeHUD FMR
Studio$1,676
1 bedroom$1,889
2 bedroom$2,328
3 bedroom$3,043
4 bedroom$3,371