What is the Fair Market Rent in Point Pleasant Borough, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08742, which covers Point Pleasant Borough, is $2,410 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 Point Pleasant Borough is $2,115 (±$159), below the Small Area figure for ZIP 08742.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,283
2 bedrooms, ZIP 08742: $2,410

Fair Market Rents for Point Pleasant 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
	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 08742 (62% of the ZIP’s land is in this place)	$1,760	$1,950	$2,410	$3,090	$3,420	$1,884

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 Point Pleasant Borough

What is the Section 8 payment standard in Point Pleasant 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 08742 is $2,410.

What is the Fair Market Rent for a two-bedroom in ZIP 08742?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08742 is $2,410 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,884 (±$112).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08742 is $1,950 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.