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RentData.org Logo New York-Monmouth-Ocean Fair Market Rent FY 2006 New York-Monmouth-Ocean, NY-NJ HUD Metro FMR Area Rental Data

Fair Market Rent Prices in New York-Monmouth-Ocean, NJ :
$940 $1,003 $1,133 $1,406 $1,556
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in New York-Monmouth-Ocean are very high compared to the national average. This FMR area is more expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in New York-Monmouth-Ocean is $1,133 per month.

This FMR rate applies to Tennent, NJ, Navesink, NJ, Adelphia, NJ, Wickatunk, NJ, Fort Monmouth, NJ, Roosevelt, NJ, Deal, NJ, Allenwood, NJ, Allenhurst, NJ, Avon By The Sea, NJ and other cities within the region. The Metro Code or CBSA code for this region is METRO35620M35620.

Additionally, This Fair Market Rent (FMR) area New York-Monmouth-Ocean, NY-NJ HUD Metro FMR Area spans one county or city in New Jersey which is listed in the table below. Estimated population of New York-Monmouth-Ocean, NY-NJ HUD Metro FMR Area FMR area is 615,301 people based on latest Census data.

Compared to the rest of New Jersey, the New York-Monmouth-Ocean FMR area is more expensive than 90% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in New York-Monmouth-Ocean. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in New York-Monmouth-Ocean

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.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1014
1-BR 1-Bedroom $ 1075
2-BR 2-Bedroom $ 1222
3-BR 3-Bedroom $ 1543
4-BR 4-Bedroom $ 1738
Change Year:
2006

There is just one county (listed below) within the New York-Monmouth-Ocean, NY-NJ HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: New York.

County / Region Est. Population
New York-Monmouth-Ocean, NJ Metro 615,301
Zip Codes in New York-Monmouth-Ocean, NY-NJ HUD Metro FMR Area

There are 52 unique zip codes in this Fair Market Rent (FMR) area:

07701, 07702, 07703, 07704, 07710, 07711, 07712, 07716, 07717, 07718, 07719, 07720, 07722, 07723, 07724, 07727, 07728, 07730, 07731, 07732, 07733, 07734, 07737, 07738, 07739, 07740, 07746, 07748, 07750, 07752, 07753, 07754, 07755, 07756, 07757, 07758, 07760, 07762, 07763, 07764, 07765, 07799, 08510, 08514, 08527, 08535, 08555, 08720, 08724, 08730, 08736 and 08750

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