What is the Fair Market Rent in Mount Laurel Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08054, which covers Mount Laurel Township, is $2,560 a month.

Across the whole Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA the two-bedroom figure is $1,860.

The Census Bureau’s median gross rent for a two-bedroom home in Mount Laurel Township is $2,113 (±$153), below the Small Area figure for ZIP 08054.

Figures last updated on .

2 bedrooms, whole area
$1,860
2 bedrooms, ZIP 08054
$2,560

Fair Market Rents for Mount Laurel 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
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA (whole area)$1,438$1,558$1,860$2,216$2,445—
ZIP 08054$1,980$2,140$2,560$3,050$3,360$2,143

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.

The figures for Mount Laurel Township include the places inside it that have pages of their own: Ramblewood.

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Questions about Mount Laurel Township

What is the Section 8 payment standard in Mount Laurel 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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA is $1,860, and the Small Area figure for 08054 is $2,560.

What is the Fair Market Rent for a two-bedroom in ZIP 08054?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08054 is $2,560 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,143 (±$85).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08054 is $2,140 a month, against $1,558 across the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA.

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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