Income Limits by County

FY2027 Small Area FMR · Hazlet, NJ

ZIP 07730 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 07730 (Hazlet, NJ) is $2,560 a month, up 47.1% from FY2026. That is 12% above the Monmouth-Ocean, NJ area-wide FMR of $2,283.

2-bedroom SAFMR$2,560per month ▲ 47.1%
Area-wide 2 BR FMR$2,283Monmouth-Ocean, NJ
Rank in the area22ndof 90 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,304
2 BR Small Area FMR$2,560
110% of SAFMR$2,816

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 07730 sits in the Monmouth-Ocean, NJ area

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

Of the 90 ZIP codes HUD lists for the area, 07730 has the 22nd highest two-bedroom Small Area FMR. Monmouth-Ocean, NJ is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,304 and $2,816 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,880$1,692 – $2,068$1,671$1,250
1 bedroom$2,070$1,863 – $2,277$1,847$1,410
2 bedrooms$2,560$2,304 – $2,816$2,283$1,740
3 bedrooms$3,270$2,943 – $3,597$2,927$2,270
4 bedrooms$3,620$3,258 – $3,982$3,241$2,520

A household renting a two-bedroom home at the Small Area FMR of $2,560 needs about $102,400 a year to keep housing costs at 30% of income. The area median family income is $140,600 and the 80% low-income limit for four people is $108,550. ZIP code 07730 lies mainly in Monmouth County. See the Monmouth-Ocean, NJ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
07735Keyport1.7 mi$2,150
07734Keansburg2.4 mi$2,130
07721Cliffwood3.0 mi$2,480
07733Holmdel3.5 mi$3,420
07748Middletown3.8 mi$2,110
07758Port Monmouth4.0 mi$1,540

Questions

What is the Fair Market Rent for ZIP code 07730?

HUD's FY2027 Small Area Fair Market Rents for 07730 are $1,880 (studio), $2,070 (1 BR), $2,560 (2 BR), $3,270 (3 BR) and $3,620 (4 BR) a month.

What is the Section 8 payment standard in 07730?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 07730 that range is $2,304 to $2,816 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 07730?

The FY2026 income limits of the Monmouth-Ocean, NJ area apply: median family income $140,600, low-income (80%) limit $108,550 for a family of four.