Rent by ZIP · Somerset County
Rent in Far Hills, NJ 07931
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,980 (+6% vs FY2026). Renters in this ZIP code pay a median $3,500+ a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,210 | $2,050 | +7.8% | $1,989–2,431 | – |
| 1 bedroom | $2,410 | $2,260 | +6.6% | $2,169–2,651 | $1,500 ±$748 |
| 2 bedrooms | $2,980 | $2,810 | +6% | $2,682–3,278 | $2,650 ±$814 |
| 3 bedrooms | $3,600 | $3,420 | +5.3% | $3,240–3,960 | $3,500+ |
| 4 bedrooms | $4,060 | $3,800 | +6.8% | $3,654–4,466 | – |
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 07931
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 |
|---|---|---|---|
| 07930 | Chester | $2,570 | $2,111 |
| 07932 | Florham Park | $3,350 | $2,977 |
| 07933 | Gillette | $2,610 | – |
| 07928 | Chatham | $3,250 | $2,708 |
| 07934 | Gladstone | $2,750 | – |
| 07927 | Cedar Knolls | $3,350 | $3,058 |
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.