New Jersey · FIPS 34035 · HUD FY 2027
Somerset County, New Jersey Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Somerset County is $2,623 a month (rent plus utilities), 16% above the New Jersey average of $2,268 and 49% above the U.S. average of $1,761. That is up $137 (5.5%) from FY 2026. At 30% of income, a household needs about $104,920 a year to afford it.
- $2,6232-bedroom FMR+$137 (+5.5%) vs FY 2026
- $2,1031-bedroom FMRNew Jersey: $1,891 · U.S.: $1,478
- $104,920Income for a 2-bedroom$50/hour full-time
- 2 of 212BR rank in New Jersey1 = highest rent
| Unit | Somerset County FY 2027 | FY 2026 | Change | New Jersey avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,953 | $1,804 | +$149 (+8.3%) | $1,725 | $1,379 | $78,120 |
| 1 bedroom | $2,103 | $1,978 | +$125 (+6.3%) | $1,891 | $1,478 | $84,120 |
| 2 bedrooms | $2,623 | $2,486 | +$137 (+5.5%) | $2,268 | $1,761 | $104,920 |
| 3 bedrooms | $3,125 | $2,981 | +$144 (+4.8%) | $2,793 | $2,266 | $125,000 |
| 4 bedrooms | $3,508 | $3,296 | +$212 (+6.4%) | $3,206 | $2,607 | $140,320 |
How Somerset County compares
- HUD sets this rent for the Middlesex-Somerset-Hunterdon, NJ metro FMR area, which covers 1,351,296 residents in 3 counties.
- Across New Jersey, 2-bedroom FMRs run from $1,704 (Cumberland County) to $2,792 (Hudson County).
- Studio to 4-bedroom: $1,953, $2,103, $2,623, $3,125, $3,508. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 27 ZIP codes mostly in Somerset County (by land area), the 2-bedroom figure ranges from $2,390 to $3,400.
Small Area FMRs by ZIP code in Somerset County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 07059 | $2,180 | $2,350 | $2,930 | $3,490 | $3,920 | +$80 (+2.8%) | 12% above |
| 07069 | $2,530 | $2,730 | $3,400 | $4,050 | $4,550 | +$60 (+1.8%) | 30% above |
| 07920 | $2,520 | $2,720 | $3,390 | $4,040 | $4,540 | +$140 (+4.3%) | 29% above |
| 07921 | $2,320 | $2,490 | $3,110 | $3,710 | $4,160 | +$110 (+3.7%) | 19% above |
| 07924 | $2,320 | $2,490 | $3,110 | $3,710 | $4,160 | +$320 (+11.5%) | 19% above |
| 07931 | $2,210 | $2,410 | $2,980 | $3,600 | $4,060 | +$170 (+6.0%) | 14% above |
| 07934 | $2,050 | $2,200 | $2,750 | $3,280 | $3,680 | +$220 (+8.7%) | 5% above |
| 07939 | $2,520 | $2,720 | $3,390 | $4,040 | $4,540 | +$140 (+4.3%) | 29% above |
| 07977 | $2,050 | $2,200 | $2,750 | $3,280 | $3,680 | +$220 (+8.7%) | 5% above |
| 08502 | $2,510 | $2,700 | $3,370 | $4,020 | $4,510 | +$80 (+2.4%) | 28% above |
| 08528 | $2,050 | $2,280 | $2,890 | $3,500 | $3,940 | +$260 (+9.9%) | 10% above |
| 08553 | $1,780 | $1,920 | $2,390 | $2,850 | $3,200 | +$150 (+6.7%) | 9% below |
| 08558 | $1,950 | $2,100 | $2,620 | $3,120 | $3,500 | +$90 (+3.6%) | about the same as |
| 08805 | $1,940 | $2,080 | $2,600 | $3,100 | $3,480 | +$200 (+8.3%) | 1% below |
| 08807 | $2,180 | $2,350 | $2,930 | $3,490 | $3,920 | +$210 (+7.7%) | 12% above |
| 08812 | $1,900 | $2,040 | $2,550 | $3,040 | $3,410 | +$70 (+2.8%) | 3% below |
| 08821 | $2,290 | $2,470 | $3,080 | $3,670 | $4,120 | +$200 (+6.9%) | 17% above |
| 08823 | $2,370 | $2,550 | $3,180 | $3,790 | $4,250 | +$180 (+6.0%) | 21% above |
| 08835 | $1,890 | $2,040 | $2,540 | $3,030 | $3,400 | +$160 (+6.7%) | 3% below |
| 08836 | $2,170 | $2,340 | $2,910 | $3,470 | $3,900 | +$160 (+5.8%) | 11% above |
| 08844 | $2,290 | $2,470 | $3,080 | $3,670 | $4,120 | +$200 (+6.9%) | 17% above |
| 08853 | $2,060 | $2,220 | $2,770 | $3,300 | $3,700 | +$270 (+10.8%) | 6% above |
| 08869 | $2,040 | $2,200 | $2,740 | $3,260 | $3,660 | +$190 (+7.5%) | 4% above |
| 08873 | $2,110 | $2,280 | $2,840 | $3,380 | $3,800 | +$180 (+6.8%) | 8% above |
| 08876 | $1,880 | $2,030 | $2,530 | $3,010 | $3,380 | +$160 (+6.8%) | 4% below |
| 08880 | $1,830 | $1,970 | $2,460 | $2,930 | $3,290 | +$90 (+3.8%) | 6% below |
| 08890 | $2,010 | $2,170 | $2,700 | $3,210 | $3,610 | +$170 (+6.7%) | 3% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.