Ocean County fair market rent FY 2027New Jersey, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Ocean County, New Jersey is $2,283 a month, effective October 1, 2026: $1,671 for a studio, $1,847 for one bedroom, $2,927 for three and $3,241 for four. It is set for the Monmouth-Ocean, NJ HUD Metro FMR Area. The FY 2026 two-bedroom FMR was $2,328 (-1.9%).
Ocean County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $1,671 | $1,676 | -0.3% | $1,503 to $1,838 |
| 1 bedroom | $1,847 | $1,889 | -2.2% | $1,662 to $2,031 |
| 2 bedrooms | $2,283 | $2,328 | -1.9% | $2,054 to $2,511 |
| 3 bedrooms | $2,927 | $3,043 | -3.8% | $2,634 to $3,219 |
| 4 bedrooms | $3,241 | $3,371 | -3.9% | $2,916 to $3,565 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Ocean County compares
Ocean County's two-bedroom FMR of $2,283 is the 5th highest of 21 counties in New Jersey, where the county median is $2,233 and the range $1,704 to $2,792. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Ocean County ranks 78th.
HUD sets one FMR for each metropolitan area, so Monmouth County has the same figures as Ocean County (Monmouth-Ocean, NJ HUD Metro FMR Area).
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Monmouth-Ocean, NJ HUD Metro FMR Area it lists 90 ZIP codes, with two-bedroom Small Area FMRs from $1,200 to $3,420. This is one of HUD's 65 designated Small Area FMR areas, where housing agencies must set voucher payment standards from the ZIP code figures.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All New Jersey counties · Fair market rents in every state
More for Ocean County
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- Ocean County property tax rateEffective property tax rate from Census survey data: median taxes paid against median home value, ranked in the state.
- Title insurance premium calculatorOwner's and lender's policy premiums from the official rate schedules of Texas, Florida, Pennsylvania and New York.
- Seller net sheet and closing costsNet proceeds after the payoff, commission, transfer taxes, title premiums and recording fees.
- Real estate transfer tax calculatorDeed transfer taxes for New York, Florida, Pennsylvania, Illinois, the Carolinas, Arkansas, Texas and Arizona.
- Flood zone lookupThe FEMA flood zone mapped at any US address. A screening check, not an official flood zone determination.
Check a Ocean County property
HeritageDeed does not search title records in Ocean County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Ocean County fair market rent
What is the fair market rent in Ocean County for FY 2027?
$1,671 for a studio, $1,847 for one bedroom, $2,283 for two, $2,927 for three and $3,241 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Ocean County for FY 2026?
$1,676 for a studio, $1,889 for one bedroom, $2,328 for two, $3,043 for three and $3,371 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Ocean County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $2,054 to $2,511 for two bedrooms here, or from the ZIP code's Small Area FMR, which HUD requires in this area. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Ocean County's fair market rent high for New Jersey?
$2,283 for two bedrooms ranks 5th of 21 counties in New Jersey; the state's county median is $2,233 (range $1,704 to $2,792) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/new-jersey/ocean-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.