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
| 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 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
- 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
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- Median rent in Ocean Township (Monmouth County)
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- Income and affordability in Ocean Township (Monmouth County)
- Home values in Ocean Township (Monmouth County)
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