Income Limits by County

FY2027 Small Area FMR · Beachwood, NJ

ZIP 08722 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08722 (Beachwood, NJ) is $2,830 a month, up 3.3% from FY2026. That is 24% above the Monmouth-Ocean, NJ area-wide FMR of $2,283.

2-bedroom SAFMR$2,830per month ▲ 3.3%
Area-wide 2 BR FMR$2,283Monmouth-Ocean, NJ
Rank in the area13thof 90 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,547
2 BR Small Area FMR$2,830
110% of SAFMR$3,113

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

FY2027 FY2026

Where 08722 sits in the Monmouth-Ocean, NJ area

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

Of the 90 ZIP codes HUD lists for the area, 08722 has the 13th 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 $2,547 and $3,113 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,070$1,863 – $2,277$1,671$1,970
1 bedroom$2,290$2,061 – $2,519$1,847$2,220
2 bedrooms$2,830$2,547 – $3,113$2,283$2,740
3 bedrooms$3,630$3,267 – $3,993$2,927$3,580
4 bedrooms$4,020$3,618 – $4,422$3,241$3,970

A household renting a two-bedroom home at the Small Area FMR of $2,830 needs about $113,200 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 08722 lies mainly in Ocean County. See the Monmouth-Ocean, NJ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
08741Pine Beach1.9 mi$2,280
08757Toms River3.0 mi$2,250
08721Bayville3.2 mi$2,100
08732Island Heights3.2 mi$2,110
08740Ocean Gate3.4 mi$2,390
08753Toms River4.1 mi$2,250

Questions

What is the Fair Market Rent for ZIP code 08722?

HUD's FY2027 Small Area Fair Market Rents for 08722 are $2,070 (studio), $2,290 (1 BR), $2,830 (2 BR), $3,630 (3 BR) and $4,020 (4 BR) a month.

What is the Section 8 payment standard in 08722?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08722 that range is $2,547 to $3,113 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08722?

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.