08901
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
0.92ratio
FMR$1,804
Market$1,960
vs market-$156

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

0.92
1 BR
1 BR
0.93ratio
FMR$1,978
Market$2,130
vs market-$152

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

0.93
2 BR
2 BR
0.94ratio
FMR$2,486
Market$2,640
vs market-$154

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

0.94
3 BR
3 BR
0.96ratio
FMR$2,981
Market$3,120
vs market-$139

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

0.96
4 BR
4 BR
0.92ratio
FMR$3,296
Market$3,600
vs market-$304

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

0.92
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across 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 08901 (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.