What is the Fair Market Rent in Ocean Township (Monmouth County), NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,070 to $3,250 a month across the 4 ZIP codes that cover Ocean Township (Monmouth County).

By ZIP code: 07755 $3,250, 07712 $2,310, 07711 $2,430, 07723 $2,070.

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 Ocean Township (Monmouth County) is $1,869 (±$109), below the Small Area figure for ZIP 07755.

Figures last updated on .

2 bedrooms, whole area
$2,283
2 bedrooms, ZIP 07755
$3,250
2 bedrooms, ZIP 07712
$2,310
2 bedrooms, ZIP 07711
$2,430

Fair Market Rents for Ocean Township (Monmouth County), 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 07755$2,380$2,630$3,250$4,170$4,610$2,762
ZIP 07712 (57% of the ZIP’s land is in this place)$1,690$1,870$2,310$2,960$3,280$1,603
ZIP 07711 (48% of the ZIP’s land is in this place)$1,780$1,970$2,430$3,120$3,450$2,020
ZIP 07723 (28% 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.

The figures for Ocean Township (Monmouth County) include the places inside it that have pages of their own: Oakhurst, Wanamassa.

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Questions about Ocean Township (Monmouth County)

What is the Section 8 payment standard in Ocean Township (Monmouth County)?

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 07755 is $3,250.

What is the Fair Market Rent for a two-bedroom in ZIP 07755?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07755 is $3,250 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,762 (±$455).

What is the Fair Market Rent for a two-bedroom in ZIP 07712?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07712 is $2,310 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,603 (±$78).

What is the Fair Market Rent for a two-bedroom in ZIP 07711?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07711 is $2,430 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,020 (±$426).

What is the Fair Market Rent for a one-bedroom in Ocean Township (Monmouth County)?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 07755 is $2,630 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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