RentData.org

RentData.org Logo Middlesex-Somerset-Hunterdon Fair Market Rent FY 2021 Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Middlesex-Somerset-Hunterdon, NJ :
$1,204 $1,371 $1,753 $2,187 $2,492
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Middlesex-Somerset-Hunterdon are very high compared to the national average. This FMR area is more expensive than 98% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Middlesex-Somerset-Hunterdon is $1,753 per month.

The previous year, rent for a two-bedroom home was $1,770 per month. This is a 0.96% decrease year-over-year.

This FMR rate applies to Baptistown, NJ, Changewater, NJ, Whitehouse, NJ, Readington, NJ, Quakertown, NJ, Stanton, NJ, Rosemont, NJ, Sergeantsville, NJ, Pottersville, NJ, Oldwick, NJ and other cities within the region. The Metro Code or CBSA code for this region is METRO35620MM5015.

Additionally, This Fair Market Rent (FMR) area Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area spans one county or city in New Jersey which is listed in the table below. Estimated population of Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area FMR area is 125,715 people based on latest Census data.

Compared to the rest of New Jersey, the Middlesex-Somerset-Hunterdon FMR area is more expensive than 80% of the state.

New Jersey Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Middlesex-Somerset-Hunterdon. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Middlesex-Somerset-Hunterdon

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1297
1-BR 1-Bedroom $ 1477
2-BR 2-Bedroom $ 1888
3-BR 3-Bedroom $ 2356
4-BR 4-Bedroom $ 2683
Change Year:

There is just one county (listed below) within the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: New York and Philadelphia.

County / Region Est. Population
Middlesex-Somerset-Hunterdon, NJ Metro 125,715
Zip Codes in Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area

There are 35 unique zip codes in this Fair Market Rent (FMR) area:

07830, 07831, 07865, 07882, 07979, 08525, 08530, 08551, 08556, 08557, 08558, 08559, 08560, 08801, 08802, 08803, 08804, 08809, 08822, 08825, 08826, 08827, 08829, 08833, 08848, 08853, 08858, 08867, 08868, 08870, 08876, 08885, 08887, 08888 and 08889

Lookup Fair Market Rent by Zip Code
Top