What is the Fair Market Rent in Eatontown Borough, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,100 to $2,740 a month across the 2 ZIP codes that cover Eatontown Borough.

By ZIP code: 07703 $2,740, 07724 $2,100.

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 Eatontown Borough is $1,764 (±$311), below the Small Area figure for ZIP 07703.

Figures last updated on .

2 bedrooms, whole area
$2,283
2 bedrooms, ZIP 07703
$2,740
2 bedrooms, ZIP 07724
$2,100

Fair Market Rents for Eatontown Borough, 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 07703 (52% of the ZIP’s land is in this place)$2,000$2,220$2,740$3,510$3,890—
ZIP 07724 (45% of the ZIP’s land is in this place)$1,540$1,700$2,100$2,690$2,980$1,655

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 Eatontown Borough

What is the Section 8 payment standard in Eatontown 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 07703 is $2,740.

What is the Fair Market Rent for a two-bedroom in ZIP 07703?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07703 is $2,740 a month.

What is the Fair Market Rent for a two-bedroom in ZIP 07724?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07724 is $2,100 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,655 (±$96).

What is the Fair Market Rent for a one-bedroom in Eatontown Borough?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07703 is $2,220 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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