New Jersey Fair Market Rent (FY2026)
Northeast region · 11 HUD FMR areas
In FY2026, New Jersey has 11 HUD Fair Market Rent areas with a median 2-bedroom FMR of $1,950/month. Across the state, the 2-bedroom FMR ranges from $1,673 (Vineland, NJ) to $2,763 (Jersey City, NJ). That median is $975 above the national median FMR of $975, ranking New Jersey #5 of 51 states (1 = most expensive). FMR is the federal voucher rent standard, not the market median.
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
New Jersey median FMR by bedroom size
| Unit size | Median FMR (per month) |
|---|---|
| Studio / efficiency | $1,517 |
| 1-bedroom | $1,545 |
| 2-bedroom | $1,950 |
| 3-bedroom | $2,586 |
| 4-bedroom | $2,851 |
These are medians across the state's areas; an individual metro can be much higher or lower. The population-weighted average 2-bedroom FMR (weighting each area by its population) is $2,229.
Every FMR area in New Jersey
| FMR area | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $1,397 | $1,520 | $1,810 | $2,170 | $2,423 |
| Newark, NJ | $1,612 | $1,822 | $2,205 | $2,761 | $3,137 |
| Bergen-Passaic, NJ | $1,778 | $2,024 | $2,324 | $2,835 | $3,618 |
| Middlesex-Somerset-Hunterdon, NJ | $1,804 | $1,978 | $2,486 | $2,981 | $3,296 |
| Monmouth-Ocean, NJ | $1,676 | $1,889 | $2,328 | $3,043 | $3,371 |
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Detailed pages: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · Newark, NJ · Bergen-Passaic, NJ · Middlesex-Somerset-Hunterdon, NJ · Monmouth-Ocean, NJ.
Frequently asked questions
What is the Fair Market Rent in New Jersey for FY2026?
New Jersey has 11 HUD Fair Market Rent areas. The median 2-bedroom FMR across them is $1,950 per month, ranging from $1,673 (Vineland, NJ) to $2,763 (Jersey City, NJ). HUD sets FMRs by metro/county, not statewide, so use the area closest to where you live. Verify at huduser.gov.
Which New Jersey area has the highest and lowest FMR?
In FY2026 the highest 2-bedroom FMR in New Jersey is $2,763 in Jersey City, NJ, and the lowest is $1,673 in Vineland, NJ. Rents are highest in the largest metros and lowest in rural counties.
Is New Jersey expensive for renters compared with other states?
New Jersey's median 2-bedroom FMR of $1,950 is $975 above the national median FMR of $975 (+100%). It ranks #5 of 51 states and DC by median 2-bedroom FMR (1 = most expensive).
How does FMR relate to Section 8 vouchers in New Jersey?
Public housing agencies in New Jersey set Housing Choice Voucher payment standards at roughly 90–110% of the local FMR. Your subsidy covers the gap between that standard and about 30% of your adjusted income. Contact the PHA for your county for exact figures.
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Source & accuracy
FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). State medians and ranges are computed over HUD's area-level FMRs (see methodology). FMR is the federal voucher rent standard, not the market median; verify on huduser.gov.
Last updated: 2026-06-20