FY2027 Small Area FMR · Somerset, NJ

ZIP 08873 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08873 (Somerset, NJ) is $2,840 a month, up 6.8% from FY2026. That is 8% above the Middlesex-Somerset-Hunterdon, NJ area-wide FMR of $2,623.

2-bedroom SAFMR$2,840per month ▲ 6.8%

Area-wide 2 BR FMR$2,623Middlesex-Somerset-Hunterdon

Rank in the area31stof 114 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,556

2 BR Small Area FMR$2,840

110% of SAFMR$3,124

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

Studio$2,110▲ 9.3%

1 BR$2,280▲ 7.5%

2 BR$2,840▲ 6.8%

3 BR$3,380▲ 6.0%

4 BR$3,800▲ 7.6%

FY2027 FY2026

Where 08873 sits in the Middlesex-Somerset-Hunterdon, NJ area

Of the 114 ZIP codes HUD lists for the area, 08873 has the 31st 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 $2,840 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	$2,110	$1,899 – $2,321	$1,953	$1,930
1 bedroom	$2,280	$2,052 – $2,508	$2,103	$2,120
2 bedrooms	$2,840	$2,556 – $3,124	$2,623	$2,660
3 bedrooms	$3,380	$3,042 – $3,718	$3,125	$3,190
4 bedrooms	$3,800	$3,420 – $4,180	$3,508	$3,530

A household renting a two-bedroom home at the Small Area FMR of $2,840 needs about $113,600 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 08873 lies mainly in Somerset County. See the Middlesex-Somerset-Hunterdon, NJ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
08890	Zarephath	3.7 mi	$2,700
08880	South Bound Brook	4.0 mi	$2,460
08835	Manville	4.3 mi	$2,540
08823	Franklin Park	4.4 mi	$3,180
08902	North Brunswick	4.7 mi	$2,950
08901	New Brunswick	4.8 mi	$2,550

Questions

What is the Fair Market Rent for ZIP code 08873?

HUD's FY2027 Small Area Fair Market Rents for 08873 are $2,110 (studio), $2,280 (1 BR), $2,840 (2 BR), $3,380 (3 BR) and $3,800 (4 BR) a month.

What is the Section 8 payment standard in 08873?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08873 that range is $2,556 to $3,124 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08873?

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.