FY2027 Small Area FMR · Toms River, NJ

ZIP 08754 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08754 (Toms River, NJ) is $2,240 a month, down 2.6% from FY2026. That is 2% below the Monmouth-Ocean, NJ area-wide FMR of $2,283.

2-bedroom SAFMR$2,240per month ▼ 2.6%

Area-wide 2 BR FMR$2,283Monmouth-Ocean, NJ

Rank in the area58thof 90 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,016

2 BR Small Area FMR$2,240

110% of SAFMR$2,464

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

Studio$1,640▼ 1.2%

1 BR$1,810▼ 3.2%

2 BR$2,240▼ 2.6%

3 BR$2,870▼ 4.7%

4 BR$3,180▼ 4.5%

FY2027 FY2026

Where 08754 sits in the Monmouth-Ocean, NJ area

Of the 90 ZIP codes HUD lists for the area, 08754 has the 58th 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 $2,016 and $2,464 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,640	$1,476 – $1,804	$1,671	$1,660
1 bedroom	$1,810	$1,629 – $1,991	$1,847	$1,870
2 bedrooms	$2,240	$2,016 – $2,464	$2,283	$2,300
3 bedrooms	$2,870	$2,583 – $3,157	$2,927	$3,010
4 bedrooms	$3,180	$2,862 – $3,498	$3,241	$3,330

A household renting a two-bedroom home at the Small Area FMR of $2,240 needs about $89,600 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 08754 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

ZIP	Place	Distance	2 BR SAFMR
08755	Toms River	1.6 mi	$2,060
08757	Toms River	3.8 mi	$2,250
08733	Lakehurst	4.1 mi	$2,190
08753	Toms River	4.9 mi	$2,250
08759	Manchester Township	5.3 mi	$1,760
08722	Beachwood	5.6 mi	$2,830

Questions

What is the Fair Market Rent for ZIP code 08754?

HUD's FY2027 Small Area Fair Market Rents for 08754 are $1,640 (studio), $1,810 (1 BR), $2,240 (2 BR), $2,870 (3 BR) and $3,180 (4 BR) a month.

What is the Section 8 payment standard in 08754?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08754 that range is $2,016 to $2,464 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08754?

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.