Rent by ZIP · Somerset County
Rent in Basking Ridge, NJ 07920
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,390 (+4.3% vs FY2026). Renters in this ZIP code pay a median $2,476 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,520 | $2,360 | +6.8% | $2,268–2,772 | – |
| 1 bedroom | $2,720 | $2,590 | +5% | $2,448–2,992 | – |
| 2 bedrooms | $3,390 | $3,250 | +4.3% | $3,051–3,729 | $2,522 ±$195 |
| 3 bedrooms | $4,040 | $3,900 | +3.6% | $3,636–4,444 | $3,388 ±$251 |
| 4 bedrooms | $4,540 | $4,310 | +5.3% | $4,086–4,994 | – |
Small Area FMRs for the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, 2 bedrooms: $2,623.
What renters pay in 07920
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 07921 | Bedminster | $3,110 | $2,400 |
| 07922 | Berkeley Heights | $2,960 | $2,268 |
| 07924 | Bernardsville | $3,110 | $2,556 |
| 07926 | Brookside | $3,340 | – |
| 07927 | Cedar Knolls | $3,350 | $3,058 |
| 07928 | Chatham | $3,250 | $2,708 |
Fair Market Rents across Somerset County, NJ · All NJ counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.