Rent by ZIP · Somerset County
Rent in Franklin Park, NJ 08823
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,180 (+6% vs FY2026). Renters in this ZIP code pay a median $2,320 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,370 | $2,180 | +8.7% | $2,133–2,607 | – |
| 1 bedroom | $2,550 | $2,390 | +6.7% | $2,295–2,805 | $2,442 ±$394 |
| 2 bedrooms | $3,180 | $3,000 | +6% | $2,862–3,498 | $2,265 ±$165 |
| 3 bedrooms | $3,790 | $3,600 | +5.3% | $3,411–4,169 | – |
| 4 bedrooms | $4,250 | $3,980 | +6.8% | $3,825–4,675 | – |
Small Area FMRs for the Middlesex-Somerset-Hunterdon, 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 Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, 2 bedrooms: $2,623.
What renters pay in 08823
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 |
|---|---|---|---|
| 08822 | Flemington | $2,290 | $1,636 |
| 08824 | Kendall Park | $2,980 | $2,514 |
| 08821 | Flagtown | $3,080 | – |
| 08825 | Frenchtown | $2,390 | $1,729 |
| 08820 | Edison | $2,870 | $2,318 |
| 08826 | Glen Gardner | $2,240 | $1,451 |
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.