Fair Market Rents: Monmouth County, NJ (FY2026)
HUD's FY2026 Fair Market Rents for Monmouth County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | NJ median* |
|---|---|---|
| Studio (0-BR) | $1,676/mo | $1,612 (+4%) |
| 1 Bedroom | $1,889/mo | $1,822 (+4%) |
| 2 Bedrooms | $2,328/mo | $2,205 (+6%) |
| 3 Bedrooms | $3,043/mo | $2,761 (+10%) |
| 4+ Bedrooms | $3,371/mo | $3,137 (+7%) |
*Median across all FMR-publishing counties in NJ. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Monmouth County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Monmouth County
We track 218 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Aberdeen | 5 | 213 |
| Asbury Park | 36 | 2,449 |
| Asbury Park City | 3 | 391 |
| Atlantic Highlands | 5 | 353 |
| Cliffwood | 3 | 220 |
| Freehold | 16 | 1,281 |
| Howell | 6 | 414 |
| Keansburg | 7 | 812 |
| Keyport | 3 | 352 |
| Lincroft | 3 | 309 |
| Long Branch | 33 | 1,764 |
| Manalapan | 6 | 372 |
| Middletown | 5 | 400 |
| Middletown Twp. | 3 | 211 |
| Neptune | 9 | 624 |
| Neptune City | 6 | 147 |
| Neptune Twp. | 5 | 448 |
| Ocean | 3 | 268 |
| Oceanport | 4 | 172 |
| Red Bank | 10 | 266 |