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RentData.org Logo New Jersey Fair Market Rent for 2009 Accurate Rental Price Data

Average Fair Market Rent Prices in New Jersey:
$878 $983 $1,158 $1,425 $1,605
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New Jersey (NJ) has the 3rd highest rent in the country out of 54 states and territories. The Fair Market Rent in New Jersey ranges from $923 for a 2-bedroom apartment in Ocean City, NJ MSA to $1,349 for a 2-bedroom unit in Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area.

For FY 2009, the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area (Hunterdon County) rent for a studio or efficiency is $1,106 per month and $1,997 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,158 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in New Jersey is around 8,414,350 people. So, there are around 1,262,153 people in New Jersey who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 New Jersey. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

New Jersey Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in New Jersey
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Atlantic County Metro $813 $895 $1,068 $1,354 $1,519 252,552
Bergen County Metro $995 $1,114 $1,249 $1,543 $1,776 884,118
Burlington County Metro $736 $842 $1,005 $1,203 $1,431 423,394
Camden County Metro $736 $842 $1,005 $1,203 $1,431 508,932
Cape May County Metro $719 $734 $923 $1,209 $1,245 102,326
Cumberland County Metro $779 $782 $985 $1,197 $1,261 146,438
Essex County Metro $869 $1,061 $1,213 $1,452 $1,606 793,633
Gloucester County Metro $736 $842 $1,005 $1,203 $1,431 254,673
Hudson County Metro $989 $1,045 $1,219 $1,477 $1,591 608,975
Hunterdon County Metro $1,106 $1,147 $1,349 $1,693 $1,997 121,989
Mercer County Metro $833 $958 $1,152 $1,377 $1,545 350,761
Middlesex County Metro $1,106 $1,147 $1,349 $1,693 $1,997 750,162
Monmouth County Metro $895 $1,034 $1,263 $1,646 $1,786 615,301
Morris County Metro $869 $1,061 $1,213 $1,452 $1,606 470,212
Ocean County Metro $895 $1,034 $1,263 $1,646 $1,786 510,916
Passaic County Metro $995 $1,114 $1,249 $1,543 $1,776 489,049
Salem County Metro $736 $842 $1,005 $1,203 $1,431 64,285
Somerset County Metro $1,106 $1,147 $1,349 $1,693 $1,997 297,490
Sussex County Metro $869 $1,061 $1,213 $1,452 $1,606 144,166
Union County Metro $869 $1,061 $1,213 $1,452 $1,606 522,541
Warren County Metro $790 $884 $1,034 $1,238 $1,274 102,437
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