What is the Fair Market Rent in Brick Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,170 to $2,410 a month across the 3 ZIP codes that cover Brick Township.

By ZIP code: 08723 $2,170, 08724 $2,300, 08738 $2,410.

Across the whole Monmouth-Ocean, NJ HUD Metro FMR Area the two-bedroom figure is $2,283.

The Census Bureau’s median gross rent for a two-bedroom home in Brick Township is $1,817 (±$52), below the Small Area figure for ZIP 08723.

Figures last updated on .

2 bedrooms, whole area
$2,283
2 bedrooms, ZIP 08723
$2,170
2 bedrooms, ZIP 08724
$2,300
2 bedrooms, ZIP 08738
$2,410

Fair Market Rents for Brick Township, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Monmouth-Ocean, NJ HUD Metro FMR Area (whole area)$1,671$1,847$2,283$2,927$3,241—
ZIP 08723$1,590$1,760$2,170$2,780$3,080$1,695
ZIP 08724 (94% of the ZIP’s land is in this place)$1,680$1,860$2,300$2,950$3,270$1,813
ZIP 08738 (60% of the ZIP’s land is in this place)$1,730$1,960$2,410$3,150$3,490$2,094

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Brick Township

What is the Section 8 payment standard in Brick Township?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Monmouth-Ocean, NJ HUD Metro FMR Area is $2,283, and the Small Area figure for 08723 is $2,170.

What is the Fair Market Rent for a two-bedroom in ZIP 08723?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08723 is $2,170 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,695 (±$65).

What is the Fair Market Rent for a two-bedroom in ZIP 08724?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08724 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,813 (±$103).

What is the Fair Market Rent for a two-bedroom in ZIP 08738?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08738 is $2,410 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,094 (±$1,625).

What is the Fair Market Rent for a one-bedroom in Brick Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08723 is $1,760 a month, against $1,847 across the Monmouth-Ocean, NJ HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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