Rent by ZIP · Monmouth County
Rent in Allentown, NJ 08501
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,940 (-3% vs FY2026). Renters in this ZIP code pay a median $1,497 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,420 | $1,450 | -2.1% | $1,278–1,562 | – |
| 1 bedroom | $1,570 | $1,630 | -3.7% | $1,413–1,727 | $1,318 ±$106 |
| 2 bedrooms | $1,940 | $2,000 | -3% | $1,746–2,134 | $1,456 ±$155 |
| 3 bedrooms | $2,470 | $2,600 | -5% | $2,223–2,717 | $2,271 ±$84 |
| 4 bedrooms | $2,730 | $2,890 | -5.5% | $2,457–3,003 | – |
Small Area FMRs for the Monmouth-Ocean, 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 Monmouth-Ocean, NJ HUD Metro FMR Area, 2 bedrooms: $2,283.
What renters pay in 08501
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 |
|---|---|---|---|
| 08502 | Belle Mead | $3,370 | $2,899 |
| 08505 | Bordentown | $2,050 | $1,925 |
| 08510 | Millstone Township | $2,660 | – |
| 08511 | Cookstown | $1,410 | – |
| 08512 | Cranbury | $2,250 | $1,721 |
| 08514 | Cream Ridge | $2,060 | – |
Fair Market Rents across Monmouth 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.