Income Limits by County

HUD Metro FMR Area · 2 counties

Monmouth-Ocean, NJ Fair Market Rent & Income Limits

For FY2027 HUD set the two-bedroom Fair Market Rent for the Monmouth-Ocean, NJ area at $2,283 a month, down 1.9% from FY2026. The FY2026 median family income is $140,600. The same figures apply in all 2 counties of the area.

2-bedroom FMR$2,283per month ▼ 1.9%
Median family income$140,600FY2026
People in the area1,299,715HUD file, 2024

Fair Market Rent by unit size

FY2027 FY2026

Check your household

Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Monmouth-Ocean, NJ.

Low income (80% limit)

A household of 4 earning $106,550 is under the 80% limit of $108,550 for this area. At 30% of income it could pay about $2,664 a month for rent and utilities.

This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.

Income limits

FY2026 income limits by household size (yearly gross income)
PeopleExtremely low30% / povertyVery low50%60% (LIHTC)MTSPLow income80%
1$29,550$49,250$59,100$76,000
2$33,800$56,250$67,500$86,850
3$38,000$63,300$75,960$97,700
4$42,200$70,300$84,360$108,550
5$45,600$75,950$91,140$117,250
6$49,000$81,550$97,860$125,950
7$52,350$87,200$104,640$134,650
8$55,750$92,800$111,360$143,300

Two-bedroom FMR since 2001

2-bedroom Fair Market Rent, 2001 to 2027$0$800$1,600$2,400$3,200200520102015202020252027$2,283FY2001: $933FY2002: $978FY2003: $976FY2004: $1,013FY2005: $1,057FY2006: $1,133FY2007: $1,170FY2008: $1,251FY2009: $1,263FY2010: $1,271FY2011: $1,339FY2012: $1,417FY2013: $1,410FY2014: $1,345FY2015: $1,373FY2016: $1,417FY2017: $1,484FY2018: $1,461FY2019: $1,479FY2020: $1,639FY2021: $1,652FY2022: $1,558FY2023: $1,602FY2024: $1,916FY2025: $2,040FY2026: $2,328FY2027: $2,283

Counties in the area

CountyPeople2 BR FMR
Ocean County, NJ654,362$2,283
Monmouth County, NJ645,353$2,283

Small Area FMRs across 90 ZIP codes

Two-bedroom Small Area FMRs in the Monmouth-Ocean, NJ area run from $1,200 to $3,420; the middle ZIP code is at $2,330, against the area-wide FMR of $2,283. This is a mandatory Small Area FMR area (designated 2016, in force since 4/1/2018): voucher payment standards follow the ZIP-code figures.

$1,200$3,420median $2,330

Highest ZIP codes

07702 (Shrewsbury, NJ)$3,420
07704 (Fair Haven, NJ)$3,420
07722 (Colts Neck, NJ)$3,420
07733 (Holmdel, NJ)$3,420
07746 (Marlboro, NJ)$3,420
08555 (Roosevelt, NJ)$3,400
08730 (Brielle, NJ)$3,380
07751 (Morganville, NJ)$3,330

Lowest ZIP codes

07738 (Lincroft, NJ)$1,200
08562 (Wrightstown, NJ)$1,440
07758 (Port Monmouth, NJ)$1,540
07756 (Ocean Grove, NJ)$1,710
08759 (Manchester Township, NJ)$1,760
08751 (Seaside Heights, NJ)$1,850
07737 (Leonardo, NJ)$1,920
08752 (Seaside Park, NJ)$1,940

Questions

What is the Fair Market Rent in the Monmouth-Ocean, NJ area?

HUD's FY2027 Fair Market Rents for the Monmouth-Ocean, NJ area are $1,671 (studio), $1,847 (1 BR), $2,283 (2 BR), $2,927 (3 BR) and $3,241 (4 BR) a month.

What is the area median income for Monmouth-Ocean, NJ?

The FY2026 median family income is $140,600; the 80% low-income limit for four people is $108,550.

Which counties are in this HUD metro area?

Ocean County, NJ and Monmouth County, NJ.