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
| 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 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
- 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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- Bedrooms in Wall Township
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