FY2027 Small Area FMR · South Bound Brook, NJ

ZIP 08880 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08880 (South Bound Brook, NJ) is $2,460 a month, up 3.8% from FY2026. That is 6% below the Middlesex-Somerset-Hunterdon, NJ area-wide FMR of $2,623.

2-bedroom SAFMR$2,460per month ▲ 3.8%

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

Rank in the area76thof 114 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,214

2 BR Small Area FMR$2,460

110% of SAFMR$2,706

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

Studio$1,830▲ 6.4%

1 BR$1,970▲ 4.2%

2 BR$2,460▲ 3.8%

3 BR$2,930▲ 3.2%

4 BR$3,290▲ 4.8%

FY2027 FY2026

Where 08880 sits in the Middlesex-Somerset-Hunterdon, NJ area

Of the 114 ZIP codes HUD lists for the area, 08880 has the 76th 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 $2,460 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	$1,830	$1,647 – $2,013	$1,953	$1,720
1 bedroom	$1,970	$1,773 – $2,167	$2,103	$1,890
2 bedrooms	$2,460	$2,214 – $2,706	$2,623	$2,370
3 bedrooms	$2,930	$2,637 – $3,223	$3,125	$2,840
4 bedrooms	$3,290	$2,961 – $3,619	$3,508	$3,140

A household renting a two-bedroom home at the Small Area FMR of $2,460 needs about $98,400 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 08880 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
08805	Bound Brook	1.5 mi	$2,600
08846	Middlesex	2.1 mi	$2,240
08890	Zarephath	2.7 mi	$2,700
08836	Martinsville	3.3 mi	$2,910
08835	Manville	3.4 mi	$2,540
08854	Piscataway	3.5 mi	$2,840

Questions

What is the Fair Market Rent for ZIP code 08880?

HUD's FY2027 Small Area Fair Market Rents for 08880 are $1,830 (studio), $1,970 (1 BR), $2,460 (2 BR), $2,930 (3 BR) and $3,290 (4 BR) a month.

What is the Section 8 payment standard in 08880?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08880 that range is $2,214 to $2,706 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08880?

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.