What is the Fair Market Rent in Deal Borough, NJ?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07723, which covers Deal Borough, is $2,070 a month.
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 Deal Borough is $2,094 (±$347), within its margin of the Small Area figure for ZIP 07723.
Figures last updated on .
- 2 bedrooms, whole area
- $2,283
- 2 bedrooms, ZIP 07723
- $2,070
Fair Market Rents for Deal Borough, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Monmouth-Ocean, NJ HUD Metro FMR Area (whole area) | $1,671 | $1,847 | $2,283 | $2,927 | $3,241 | — |
| ZIP 07723 (72% of the ZIP’s land is in this place) | $1,520 | $1,670 | $2,070 | $2,650 | $2,940 | $1,981 |
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 Deal Borough
What is the Section 8 payment standard in Deal Borough?
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 07723 is $2,070.
What is the Fair Market Rent for a two-bedroom in ZIP 07723?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07723 is $2,070 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,981 (±$388).
What is the Fair Market Rent for a one-bedroom in Deal Borough?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07723 is $1,670 a month, against $1,847 across the Monmouth-Ocean, NJ HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Monmouth-Ocean, NJ HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Monmouth-Ocean, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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 .
Related
- Housing in Deal Borough at a glance
- Renters and owners in Deal Borough
- Income and affordability in Deal Borough
- Home values in Deal Borough
- Homeowner costs in Deal Borough
- Property taxes in Deal Borough
- Types of homes in Deal Borough
- Bedrooms in Deal Borough
- Age of homes in Deal Borough
- Heating fuel in Deal Borough
- Commute and cars in Deal Borough
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- Housing data for every place in New Jersey