FMRFinder

New Jersey fair market rent by county

New Jersey · FY2027 · 21 listed places · 11 HUD FMR areas

$2,233median 2BR

From $1,704 in Cumberland County to $2,792 in Hudson County

FY2026 → FY2027: median +1.9% · 17 up, 4 down · largest Mercer County +15.0% · all states

Unweighted median of the listed county, county-equivalent and town 2-bedroom FMRs; places sharing a HUD FMR area have the same value. This is not a statewide estimate of rents paid. U.S. county median $1,056. Effective October 1, 2026.

Income needed to afford it

At HUD's affordability benchmark — rent and utilities at no more than 30% of income — a 2-bedroom at the Fair Market Rent takes about $111,680 a year in Hudson County and $68,160 in Cumberland County.

UnitMedian FMRIncome neededPer hour
Studio$1,637$65,480$31.48
1 bedroom$1,847$73,880$35.52
2 bedrooms$2,233$89,320$42.94
3 bedrooms$2,771$110,840$53.29
4 bedrooms$3,188$127,520$61.31

Income needed = monthly FMR × 12 ÷ 0.30. Per hour = that ÷ 2,080 hours (one full-time job). Medians are across the listed New Jersey places, like the figure above. The FMR is HUD's 40th-percentile gross rent estimate, not the price of any listing.

Highest 2-bedroom first