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RentData.org Logo New Jersey Fair Market Rent for 2015 Accurate Rental Price Data

Average Fair Market Rent Prices in New Jersey:
$911 $1,049 $1,276 $1,663 $1,932
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 2nd highest rent in the country out of 54 states and territories. The Fair Market Rent in New Jersey ranges from $1,115 for a 2-bedroom apartment in Vineland-Millville-Bridgeton, NJ MSA to $1,495 for a 2-bedroom unit in Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area.

For FY 2015, the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area (Hunterdon County) rent for a studio or efficiency is $952 per month and $2,545 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 $1,276 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in New Jersey is around 8,791,894 people. So, there are around 1,318,784 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 $817 $947 $1,176 $1,626 $1,890 274,549
Bergen County Metro $1,070 $1,156 $1,371 $1,776 $2,014 905,116
Burlington County Metro $814 $959 $1,156 $1,440 $1,546 448,734
Camden County Metro $814 $959 $1,156 $1,440 $1,546 513,657
Cape May County Metro $668 $833 $1,122 $1,588 $1,671 97,265
Cumberland County Metro $784 $905 $1,115 $1,432 $1,795 156,898
Essex County Metro $1,025 $1,063 $1,269 $1,637 $1,871 783,969
Gloucester County Metro $814 $959 $1,156 $1,440 $1,546 288,288
Hudson County Metro $1,009 $1,109 $1,315 $1,673 $1,847 634,266
Hunterdon County Metro $952 $1,214 $1,495 $1,940 $2,545 128,349
Mercer County Metro $932 $1,053 $1,269 $1,659 $1,919 366,513
Middlesex County Metro $952 $1,214 $1,495 $1,940 $2,545 809,858
Monmouth County Metro $936 $1,106 $1,373 $1,903 $2,239 630,380
Morris County Metro $1,025 $1,063 $1,269 $1,637 $1,871 492,276
Ocean County Metro $936 $1,106 $1,373 $1,903 $2,239 576,567
Passaic County Metro $1,070 $1,156 $1,371 $1,776 $2,014 501,226
Salem County Metro $814 $959 $1,156 $1,440 $1,546 66,083
Somerset County Metro $952 $1,214 $1,495 $1,940 $2,545 323,444
Sussex County Metro $1,025 $1,063 $1,269 $1,637 $1,871 149,265
Union County Metro $1,025 $1,063 $1,269 $1,637 $1,871 536,499
Warren County Metro $687 $921 $1,124 $1,469 $1,638 108,692
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