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Fair Market Rent · New Jersey

Fair Market Rent in Somerset County, NJ

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,953studio
$2,1031 bedroom
$2,6232 bedrooms
$3,1253 bedrooms
$3,5084 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Somerset County is $2,623 a month, +5.5% from FY2026. Somerset County is part of the Middlesex-Somerset-Hunterdon, 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

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,953$1,804+8.3%$1,758–2,148
1 bedroom$2,103$1,978+6.3%$1,893–2,313
2 bedrooms$2,623$2,486+5.5%$2,361–2,885
3 bedrooms$3,125$2,981+4.8%$2,812–3,438
4 bedrooms$3,508$3,296+6.4%$3,157–3,859

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 Somerset County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
07059Warren$2,930$1,816$2,170
07069Watchung$3,400$2,490$2,738
07920Basking Ridge$3,390$2,522$2,476
07921Bedminster$3,110$2,400$2,236
07924Bernardsville$3,110$2,556$2,297
07931Far Hills$2,980$2,650$3,500+
07934Gladstone$2,750–$2,233
07939Lyons$3,390––
07977Peapack$2,750––
08502Belle Mead$3,370$2,899$2,298
08528Kingston$2,890––
08553Rocky Hill$2,390$1,925$1,799
08558Skillman$2,620$2,328$2,000
08805Bound Brook$2,600$2,091$1,984
08807Bridgewater$2,930$2,124$2,176
08812Dunellen$2,550$1,872$1,866
08821Flagtown$3,080––
08823Franklin Park$3,180$2,265$2,320
08835Manville$2,540$1,744$1,844
08836Martinsville$2,910––
08844Hillsborough$3,080$2,372$2,388
08853Neshanic Station$2,770$2,239$2,144
08869Raritan$2,740$2,096$2,112
08873Somerset$2,840$2,190$2,087
08876Somerville$2,530$1,899$1,840
08880South Bound Brook$2,460$1,918$1,778
08890Zarephath$2,700––

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.