Rent by ZIP · Cape May County
Rent in Rio Grande, NJ 08242
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,800 (+2.9% vs FY2026). Renters in this ZIP code pay a median $1,305 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,470 | $1,290 | +14% | $1,323–1,617 | – |
| 1 bedroom | $1,470 | $1,330 | +10.5% | $1,323–1,617 | – |
| 2 bedrooms | $1,800 | $1,750 | +2.9% | $1,620–1,980 | $995 ±$143 |
| 3 bedrooms | $2,350 | $2,330 | +0.9% | $2,115–2,585 | $2,012 ±$749 |
| 4 bedrooms | $2,360 | $2,340 | +0.9% | $2,124–2,596 | – |
Small Area FMRs for the Cape May County, NJ HUD Metro FMR Area. 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 Cape May County, NJ HUD Metro FMR Area, 2 bedrooms: $1,857.
What renters pay in 08242
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 |
|---|---|---|---|
| 08241 | Port Republic | $2,780 | – |
| 08243 | Sea Isle City | $2,300 | – |
| 08244 | Somers Point | $1,790 | $1,399 |
| 08247 | Stone Harbor | $2,180 | $1,654 |
| 08248 | Strathmere | $2,370 | – |
| 08234 | Egg Harbor Township | $2,050 | $1,401 |
Fair Market Rents across Cape May 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.