Middlesex-Somerset-Hunterdon Fair Market Rent FY 2021 Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area Rental Data

Fair Market Rent prices in Middlesex-Somerset-Hunterdon are very high compared to the national average. This FMR area is more expensive than 98% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Middlesex-Somerset-Hunterdon is $1,753 per month.

The previous year, rent for a two-bedroom home was $1,770 per month. This is a 0.96% decrease year-over-year.

This FMR rate applies to Baptistown, NJ, Changewater, NJ, Whitehouse, NJ, Readington, NJ, Quakertown, NJ, Stanton, NJ, Rosemont, NJ, Sergeantsville, NJ, Pottersville, NJ, Oldwick, NJ and other cities within the region. The Metro Code or CBSA code for this region is METRO35620MM5015.

Additionally, This Fair Market Rent (FMR) area Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area spans one county or city in New Jersey which is listed in the table below. Estimated population of Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area FMR area is 125,715 people based on latest Census data.

Compared to the rest of New Jersey, the Middlesex-Somerset-Hunterdon FMR area is more expensive than 80% of the state.

Median Rent Prices in Middlesex-Somerset-Hunterdon

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: