Income Limits by County

FY2027 Small Area FMR · Keasbey, NJ

ZIP 08832 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08832 (Keasbey, NJ) is $2,470 a month, up 4.2% from FY2026. That is 6% below the Middlesex-Somerset-Hunterdon, NJ area-wide FMR of $2,623.

2-bedroom SAFMR$2,470per month ▲ 4.2%
Area-wide 2 BR FMR$2,623Middlesex-Somerset-Hunterdon
Rank in the area73rdof 114 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,223
2 BR Small Area FMR$2,470
110% of SAFMR$2,717

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

FY2027 FY2026

Where 08832 sits in the Middlesex-Somerset-Hunterdon, NJ area

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

Of the 114 ZIP codes HUD lists for the area, 08832 has the 73rd 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 $2,470 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,840$1,656 – $2,024$1,953$1,720
1 bedroom$1,980$1,782 – $2,178$2,103$1,890
2 bedrooms$2,470$2,223 – $2,717$2,623$2,370
3 bedrooms$2,940$2,646 – $3,234$3,125$2,840
4 bedrooms$3,300$2,970 – $3,630$3,508$3,140

A household renting a two-bedroom home at the Small Area FMR of $2,470 needs about $98,800 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 08832 lies mainly in Middlesex 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
08863Fords0.8 mi$2,740
08861Perth Amboy1.8 mi$2,250
08837Edison2.0 mi$2,500
07095Woodbridge2.7 mi$2,930
08840Metuchen3.3 mi$2,930
10307Staten Island3.5 mi$2,620

Questions

What is the Fair Market Rent for ZIP code 08832?

HUD's FY2027 Small Area Fair Market Rents for 08832 are $1,840 (studio), $1,980 (1 BR), $2,470 (2 BR), $2,940 (3 BR) and $3,300 (4 BR) a month.

What is the Section 8 payment standard in 08832?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08832 that range is $2,223 to $2,717 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08832?

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.