Fair Market Rent · New Jersey
Fair Market Rent in Monmouth County, NJ
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Monmouth County is $2,283 a month, -1.9% from FY2026. Monmouth County is part of the Monmouth-Ocean, NJ HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,671 | $1,676 | -0.3% | $1,504–1,838 |
| 1 bedroom | $1,847 | $1,889 | -2.2% | $1,662–2,032 |
| 2 bedrooms | $2,283 | $2,328 | -1.9% | $2,055–2,511 |
| 3 bedrooms | $2,927 | $3,043 | -3.8% | $2,634–3,220 |
| 4 bedrooms | $3,241 | $3,371 | -3.9% | $2,917–3,565 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Monmouth County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 07701 | Red Bank | $2,620 | $2,116 | $2,019 |
| 07702 | Shrewsbury | $3,420 | – | $3,472 |
| 07703 | Fort Monmouth | $2,740 | – | – |
| 07704 | Fair Haven | $3,420 | – | $3,492 |
| 07711 | Allenhurst | $2,430 | $2,283 | $2,020 |
| 07712 | Asbury Park | $2,310 | $1,841 | $1,603 |
| 07716 | Atlantic Highlands | $2,540 | $2,180 | $1,979 |
| 07717 | Avon By The Sea | $2,380 | $2,225 | $2,078 |
| 07718 | Belford | $2,090 | – | $1,500 |
| 07719 | Belmar | $2,260 | $1,984 | $1,750 |
| 07720 | Bradley Beach | $2,220 | $1,902 | $1,790 |
| 07721 | Cliffwood | $2,480 | $1,770 | $1,862 |
| 07722 | Colts Neck | $3,420 | – | $2,862 |
| 07723 | Deal | $2,070 | $2,094 | $1,981 |
| 07724 | Eatontown | $2,100 | $1,923 | $1,655 |
| 07726 | Englishtown | $2,470 | $2,089 | $1,980 |
| 07727 | Farmingdale | $2,180 | $2,097 | $1,931 |
| 07728 | Freehold | $2,430 | $2,224 | $1,955 |
| 07730 | Hazlet | $2,560 | $2,292 | $874 |
| 07731 | Howell | $3,210 | $2,721 | $2,570 |
| 07732 | Highlands | $2,460 | $1,755 | $1,654 |
| 07733 | Holmdel | $3,420 | $1,417 | $3,241 |
| 07734 | Keansburg | $2,130 | $1,654 | $1,686 |
| 07735 | Keyport | $2,150 | $2,235 | $1,668 |
| 07737 | Leonardo | $1,920 | $1,413 | $1,694 |
| 07738 | Lincroft | $1,200 | – | $685 |
| 07739 | Little Silver | $3,030 | – | $3,500+ |
| 07740 | Long Branch | $2,410 | $1,900 | $1,882 |
| 07746 | Marlboro | $3,420 | – | $2,671 |
| 07748 | Middletown | $2,110 | $1,869 | $1,536 |
| 07750 | Monmouth Beach | $2,800 | – | $2,257 |
| 07751 | Morganville | $3,330 | $2,805 | $2,737 |
| 07753 | Neptune | $2,380 | $2,366 | $1,867 |
| 07755 | Oakhurst | $3,250 | $2,206 | $2,762 |
| 07756 | Ocean Grove | $1,710 | – | $1,488 |
| 07757 | Oceanport | $2,490 | – | $1,608 |
| 07758 | Port Monmouth | $1,540 | – | $1,158 |
| 07760 | Rumson | $2,810 | $2,677 | $2,610 |
| 07762 | Spring Lake | $2,260 | $2,166 | $1,831 |
| 07764 | West Long Branch | $2,540 | $2,201 | $1,970 |
| 08501 | Allentown | $1,940 | $1,456 | $1,497 |
| 08510 | Millstone Township | $2,660 | – | – |
| 08514 | Cream Ridge | $2,060 | – | $1,444 |
| 08535 | Millstone Township | $2,980 | – | – |
| 08555 | Roosevelt | $3,400 | – | $2,507 |
| 08720 | Allenwood | $2,370 | – | – |
| 08730 | Brielle | $3,380 | $2,788 | $2,726 |
| 08736 | Manasquan | $2,350 | $2,538 | $2,102 |
| 08750 | Sea Girt | $2,580 | $2,234 | $1,934 |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.