Income Limits by County

FY2027 Small Area FMR · Mount Holly, NJ

ZIP 08060 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08060 (Mount Holly, NJ) is $2,050 a month, up 3.5% from FY2026. That is 10% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area-wide FMR of $1,860.

2-bedroom SAFMR$2,050per month ▲ 3.5%
Area-wide 2 BR FMR$1,860Philadelphia-Camden-Wilmingt
Rank in the area166thof 473 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,845
2 BR Small Area FMR$2,050
110% of SAFMR$2,255

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

FY2027 FY2026

Where 08060 sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area

$1,230$2,790median $1,900

Of the 473 ZIP codes HUD lists for the area, 08060 has the 166th highest two-bedroom Small Area FMR. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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 $1,845 and $2,255 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,580$1,422 – $1,738$1,438$1,530
1 bedroom$1,720$1,548 – $1,892$1,558$1,660
2 bedrooms$2,050$1,845 – $2,255$1,860$1,980
3 bedrooms$2,440$2,196 – $2,684$2,216$2,370
4 bedrooms$2,690$2,421 – $2,959$2,445$2,650

A household renting a two-bedroom home at the Small Area FMR of $2,050 needs about $82,000 a year to keep housing costs at 30% of income. The area median family income is $122,700 and the 80% low-income limit for four people is $98,150. ZIP code 08060 lies mainly in Burlington County. See the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
08036Hainesport3.4 mi$2,030
08048Lumberton3.4 mi$2,150
08073Rancocas4.1 mi$2,200
08016Burlington4.6 mi$1,760
08011Birmingham4.7 mi$1,710
08046Willingboro5.3 mi$2,590

Questions

What is the Fair Market Rent for ZIP code 08060?

HUD's FY2027 Small Area Fair Market Rents for 08060 are $1,580 (studio), $1,720 (1 BR), $2,050 (2 BR), $2,440 (3 BR) and $2,690 (4 BR) a month.

What is the Section 8 payment standard in 08060?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08060 that range is $1,845 to $2,255 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08060?

The FY2026 income limits of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area apply: median family income $122,700, low-income (80%) limit $98,150 for a family of four.