FY2027 Small Area FMR · Lawrence Township, NJ

ZIP 08648 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08648 (Lawrence Township, NJ) is $2,790 a month, up 13.0% from FY2026. That is 24% above the Trenton-Princeton, NJ area-wide FMR of $2,242.

2-bedroom SAFMR$2,790per month ▲ 13.0%

Area-wide 2 BR FMR$2,242Trenton-Princeton, NJ

Rank in the area6thof 36 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,511

2 BR Small Area FMR$2,790

110% of SAFMR$3,069

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

Studio$1,940▲ 14.1%

1 BR$2,200▲ 12.2%

2 BR$2,790▲ 13.0%

3 BR$3,410▲ 15.2%

4 BR$3,830▲ 13.3%

FY2027 FY2026

Where 08648 sits in the Trenton-Princeton, NJ area

Of the 36 ZIP codes HUD lists for the area, 08648 has the 6th highest two-bedroom Small Area FMR. Trenton-Princeton, 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 $2,242 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,790 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,940	$1,746 – $2,134	$1,561	$1,700
1 bedroom	$2,200	$1,980 – $2,420	$1,764	$1,960
2 bedrooms	$2,790	$2,511 – $3,069	$2,242	$2,470
3 bedrooms	$3,410	$3,069 – $3,751	$2,741	$2,960
4 bedrooms	$3,830	$3,447 – $4,213	$3,081	$3,380

A household renting a two-bedroom home at the Small Area FMR of $2,790 needs about $111,600 a year to keep housing costs at 30% of income. The area median family income is $139,800 and the 80% low-income limit for four people is $106,800. ZIP code 08648 lies mainly in Mercer County. See the Trenton-Princeton, NJ county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
08619	Trenton	3.1 mi	$2,370
08638	Trenton	3.2 mi	$2,250
08609	Trenton	4.2 mi	$1,830
08629	Trenton	4.5 mi	$1,820
08618	Trenton	4.5 mi	$1,760
08534	Pennington	5.0 mi	$2,790

Questions

What is the Fair Market Rent for ZIP code 08648?

HUD's FY2027 Small Area Fair Market Rents for 08648 are $1,940 (studio), $2,200 (1 BR), $2,790 (2 BR), $3,410 (3 BR) and $3,830 (4 BR) a month.

What is the Section 8 payment standard in 08648?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08648 that range is $2,511 to $3,069 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08648?

The FY2026 income limits of the Trenton-Princeton, NJ area apply: median family income $139,800, low-income (80%) limit $106,800 for a family of four.