What is the Fair Market Rent in Wall Township, NJ?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,180 to $2,580 a month across the 5 ZIP codes that cover Wall Township.

By ZIP code: 08720 $2,370, 07719 $2,260, 08736 $2,350, 08750 $2,580, 07727 $2,180.

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 Wall Township is $2,309 (±$296), within its margin of the Small Area figure for ZIP 08720.

Figures last updated on .

2 bedrooms, whole area
$2,283
2 bedrooms, ZIP 08720
$2,370
2 bedrooms, ZIP 07719
$2,260
2 bedrooms, ZIP 08736
$2,350

Fair Market Rents for Wall 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
Monmouth-Ocean, NJ HUD Metro FMR Area (whole area)$1,671$1,847$2,283$2,927$3,241—
ZIP 08720$1,730$1,910$2,370$3,040$3,360—
ZIP 07719 (90% of the ZIP’s land is in this place)$1,650$1,830$2,260$2,900$3,210$1,750
ZIP 08736 (71% of the ZIP’s land is in this place)$1,720$1,900$2,350$3,010$3,340$2,102
ZIP 08750 (44% of the ZIP’s land is in this place)$1,890$2,090$2,580$3,310$3,660$1,934
ZIP 07727 (30% of the ZIP’s land is in this place)$1,600$1,760$2,180$2,800$3,090$1,931

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 Wall Township include the places inside it that have pages of their own: West Belmar.

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Questions about Wall Township

What is the Section 8 payment standard in Wall 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 Monmouth-Ocean, NJ HUD Metro FMR Area is $2,283, and the Small Area figure for 08720 is $2,370.

What is the Fair Market Rent for a two-bedroom in ZIP 08720?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08720 is $2,370 a month.

What is the Fair Market Rent for a two-bedroom in ZIP 07719?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 07719 is $2,260 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,750 (±$109).

What is the Fair Market Rent for a two-bedroom in ZIP 08736?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 08736 is $2,350 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,102 (±$217).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 08720 is $1,910 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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