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Rent by ZIP · Hunterdon County

Rent in Milford, NJ 08848

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,310 (+6.5% vs FY2026). Renters in this ZIP code pay a median $1,484 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,720$1,570+9.6%$1,548–1,892–
1 bedroom$1,850$1,730+6.9%$1,665–2,035$1,304 ±$1,258
2 bedrooms$2,310$2,170+6.5%$2,079–2,541$1,465 ±$469
3 bedrooms$2,750$2,600+5.8%$2,475–3,025$1,600 ±$513
4 bedrooms$3,090$2,880+7.3%$2,781–3,399–

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 08848

Median gross rent$1,484±$279 · all sizes
Renter households2509% of occupied homes
No cash rent0households

How rents are spread

Under $1,00021%
$1,000–1,49930%
$1,500–1,99924%
$2,000–2,49916%
$2,500–2,9998%
$3,000–3,4991%
$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
08846Middlesex$2,240$2,081
08850Milltown$2,410$1,011
08844Hillsborough$3,080$2,372
08852Monmouth Junction$2,690$2,143
08853Neshanic Station$2,770$2,239
08854Piscataway$2,840$2,232

Fair Market Rents across Hunterdon 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.