08875
ZIPFMR
Somerset County, NJ
BRFMR
Eff. Rent
0 BR$1,804$1,804
1 BR$1,978$1,978
2 BR$2,486$2,486
3 BR$2,981$2,981
4 BR$3,296$3,296
5 BR$3,790
6 BR$4,359
7 BR$5,013
8 BR$5,765

Market Alignment

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

Studio
Studio
0.73ratio
FMR$1,804
Market$2,460
vs market-$656

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

0.73
1 BR
1 BR
0.88ratio
FMR$1,978
Market$2,240
vs market-$262

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

0.88
2 BR
2 BR
0.83ratio
FMR$2,486
Market$2,980
vs market-$494

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

0.83
3 BR
3 BR
0.88ratio
FMR$2,981
Market$3,370
vs market-$389

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

0.88
4 BR
4 BR
0.78ratio
FMR$3,296
Market$4,200
vs market-$904

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

0.78
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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
$307,502
Rent
$2,486
Down payment
$61,500
Loan
$246,002
Mortgage
$1,555
Expenses
$731
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 08875 (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.