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RentData.org Logo New Jersey Fair Market Rent for 2018 Accurate Rental Price Data

Average Fair Market Rent Prices in New Jersey:
$968 $1,129 $1,394 $1,795 $2,079
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 56 states and territories. The Fair Market Rent in New Jersey ranges from $1,127 for a 2-bedroom apartment in Ocean City, NJ MSA to $1,691 for a 2-bedroom unit in Bergen-Passaic, NJ HUD Metro FMR Area.

For FY 2018, the Bergen-Passaic, NJ HUD Metro FMR Area (Bergen County) rent for a studio or efficiency is $1,246 per month and $2,562 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 $1,394 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
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Atlantic County Metro $890 $1,020 $1,312 $1,734 $1,985 274,549
Bergen County Metro $1,246 $1,439 $1,691 $2,161 $2,562 905,116
Burlington County Metro $883 $1,047 $1,266 $1,587 $1,787 448,734
Camden County Metro $883 $1,047 $1,266 $1,587 $1,787 513,657
Cape May County Metro $719 $930 $1,127 $1,553 $1,867 97,265
Cumberland County Metro $789 $873 $1,155 $1,517 $1,782 156,898
Essex County Metro $988 $1,082 $1,314 $1,685 $1,950 783,969
Gloucester County Metro $883 $1,047 $1,266 $1,587 $1,787 288,288
Hudson County Metro $1,201 $1,351 $1,614 $2,042 $2,198 634,266
Hunterdon County Metro $1,040 $1,268 $1,627 $2,068 $2,474 128,349
Mercer County Metro $893 $1,072 $1,329 $1,733 $2,008 366,513
Middlesex County Metro $1,040 $1,268 $1,627 $2,068 $2,474 809,858
Monmouth County Metro $932 $1,126 $1,461 $1,978 $2,259 630,380
Morris County Metro $988 $1,082 $1,314 $1,685 $1,950 492,276
Ocean County Metro $932 $1,126 $1,461 $1,978 $2,259 576,567
Passaic County Metro $1,246 $1,439 $1,691 $2,161 $2,562 501,226
Salem County Metro $883 $1,047 $1,266 $1,587 $1,787 66,083
Somerset County Metro $1,040 $1,268 $1,627 $2,068 $2,474 323,444
Sussex County Metro $988 $1,082 $1,314 $1,685 $1,950 149,265
Union County Metro $988 $1,082 $1,314 $1,685 $1,950 536,499
Warren County Metro $872 $1,020 $1,228 $1,540 $1,813 108,692
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