Income Limits by County

FY2027 Small Area FMR · Bedminster, NJ

ZIP 07921 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 07921 (Bedminster, NJ) is $3,110 a month, up 3.7% from FY2026. That is 19% above the Middlesex-Somerset-Hunterdon, NJ area-wide FMR of $2,623.

2-bedroom SAFMR$3,110per month ▲ 3.7%
Area-wide 2 BR FMR$2,623Middlesex-Somerset-Hunterdon
Rank in the area8thof 114 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,799
2 BR Small Area FMR$3,110
110% of SAFMR$3,421

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

FY2027 FY2026

Where 07921 sits in the Middlesex-Somerset-Hunterdon, NJ area

$2,150$3,400median $2,600

Of the 114 ZIP codes HUD lists for the area, 07921 has the 8th highest two-bedroom Small Area FMR. Middlesex-Somerset-Hunterdon, NJ is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,623 for two bedrooms; an agency that opts in to Small Area FMRs would use $3,110 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,320$2,088 – $2,552$1,953$2,180
1 bedroom$2,490$2,241 – $2,739$2,103$2,390
2 bedrooms$3,110$2,799 – $3,421$2,623$3,000
3 bedrooms$3,710$3,339 – $4,081$3,125$3,600
4 bedrooms$4,160$3,744 – $4,576$3,508$3,980

A household renting a two-bedroom home at the Small Area FMR of $3,110 needs about $124,400 a year to keep housing costs at 30% of income. The area median family income is $154,800 and the 80% low-income limit for four people is $114,600. ZIP code 07921 lies mainly in Somerset County. See the Middlesex-Somerset-Hunterdon, NJ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
07977Peapack3.4 mi$2,750
08858Oldwick3.6 mi$2,430
07931Far Hills3.7 mi$2,980
07979Pottersville3.9 mi$2,390
07934Gladstone4.6 mi$2,750
08876Somerville4.6 mi$2,530

Questions

What is the Fair Market Rent for ZIP code 07921?

HUD's FY2027 Small Area Fair Market Rents for 07921 are $2,320 (studio), $2,490 (1 BR), $3,110 (2 BR), $3,710 (3 BR) and $4,160 (4 BR) a month.

What is the Section 8 payment standard in 07921?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 07921 that range is $2,799 to $3,421 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 07921?

The FY2026 income limits of the Middlesex-Somerset-Hunterdon, NJ area apply: median family income $154,800, low-income (80%) limit $114,600 for a family of four.