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Rent by ZIP · Atlantic County

Rent in Margate City, NJ 08402

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,080 (-1.9% vs FY2026). Renters in this ZIP code pay a median $1,347 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,510$1,530-1.3%$1,359–1,661–
1 bedroom$1,720$1,750-1.7%$1,548–1,892–
2 bedrooms$2,080$2,120-1.9%$1,872–2,288$1,328 ±$131
3 bedrooms$2,820$2,940-4.1%$2,538–3,102$2,625 ±$453
4 bedrooms$3,120$3,240-3.7%$2,808–3,432–

Small Area FMRs for the Atlantic City-Hammonton, 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 Atlantic City-Hammonton, NJ HUD Metro FMR Area, 2 bedrooms: $1,899.

What renters pay in 08402

Median gross rent$1,347±$237 · all sizes
Renter households25710% of occupied homes
No cash rent24households

How rents are spread

Under $1,00030%
$1,000–1,49932%
$1,500–1,99915%
$2,000–2,49916%
$2,500–2,9997%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
08401Atlantic City$1,690$1,191
08403Longport$2,850–
08406Ventnor City$2,000$1,492
08404Atlantic City$1,900–

Fair Market Rents across Atlantic 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.