08818
ZIPFMR
Middlesex County, NJ
BRFMR
Eff. Rent
0 BR$1,804$1,980
1 BR$1,978$2,100
2 BR$2,486$2,570
3 BR$2,981$3,190
4 BR$3,296$3,630
5 BR$3,790
6 BR$4,359
7 BR$5,013
8 BR$5,765

Purchase Price Calculator

Maximum purchase price
$319,984

Cost breakdown

+Likely effective rent$2,570
HUD FMR$2,486
Market rent$2,610
Est. payment standard (103%)Used$2,570
Estimated payment standard is $2,570 (103% of FMR).
-Principal and interest-$1,618
Loan amount$255,988
Down payment$63,997
Rate6.50%
Term30 years
-Operating costs-$752
Property taxes-$320
Insurance-$175
Utilities$0
HOA$0
Management-$257
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,975(64.0% ROI)
Projected value
$344,588
Current value$319,984
Return breakdown
Property appreciation+$24,604
Loan principal paid down+$9,171
Rental cash flow+$7,200
5-year hold
+$70,404(110.0% ROI)
Projected value
$362,033
Current value$319,984
Return breakdown
Property appreciation+$42,049
Loan principal paid down+$16,355
Rental cash flow+$12,000
10-year hold
+$152,594(238.4% ROI)
Projected value
$409,607
Current value$319,984
Return breakdown
Property appreciation+$89,623
Loan principal paid down+$38,971
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
0.77ratio
FMR$1,804
Market$2,330
vs market-$526

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

90% standard$1,624 / 0.70 ratio110% standard$1,984 / 0.85 ratio
0.77
1 BR
1 BR
0.91ratio
FMR$1,978
Market$2,170
vs market-$192

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

90% standard$1,780 / 0.82 ratio110% standard$2,176 / 1.00 ratio
0.91
2 BR
2 BR
0.95ratio
FMR$2,486
Market$2,610
vs market-$124

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

90% standard$2,237 / 0.86 ratio110% standard$2,735 / 1.05 ratio
0.95
3 BR
3 BR
0.90ratio
FMR$2,981
Market$3,300
vs market-$319

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

90% standard$2,683 / 0.81 ratio110% standard$3,279 / 0.99 ratio
0.90
4 BR
4 BR
0.84ratio
FMR$3,296
Market$3,930
vs market-$634

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

90% standard$2,966 / 0.75 ratio110% standard$3,626 / 0.92 ratio
0.84
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 08818 (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.

08818 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 08818 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,486 and the 4 bedroom fair market rent is $3,296.

Use this page for searches like 08818 FMR, 08818 fair market rent, and 08818 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 08818
Bedroom sizeHUD FMR
Studio$1,804
1 bedroom$1,978
2 bedroom$2,486
3 bedroom$2,981
4 bedroom$3,296