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RentData.org Logo New Jersey Fair Market Rent for 2025 Accurate Rental Price Data

Average Fair Market Rent Prices in New Jersey:
$1,446 $1,582 $1,922 $2,443 $2,739
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New Jersey (30) has the 4th highest rent in the country out of 56 states and territories. The Fair Market Rent in New Jersey ranges from $1,591 for a 2-bedroom apartment in Ocean City, NJ MSA to $2,299 for a 2-bedroom unit in Jersey City, NJ HUD Metro FMR Area.

For FY 2025, the Jersey City, NJ HUD Metro FMR Area (Hudson County) rent for a studio or efficiency is $1,999 per month and $3,218 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in New Jersey is $1,922 per month.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Jersey. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

New Jersey Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in New Jersey
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Atlantic City-Hammonton, NJ MSA Metro $1,240 $1,414 $1,719 $2,409 $2,654 0
Bergen-Passaic, NJ HUD Metro FMR Area Metro $1,556 $1,807 $2,072 $2,550 $3,225 0
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA Metro $1,372 $1,512 $1,802 $2,171 $2,468 0
Ocean City, NJ MSA Metro $1,192 $1,213 $1,591 $2,127 $2,135 0
Vineland-Bridgeton, NJ MSA Metro $1,208 $1,275 $1,591 $2,163 $2,186 0
Newark, NJ HUD Metro FMR Area Metro $1,551 $1,768 $2,140 $2,695 $3,065 0
Jersey City, NJ HUD Metro FMR Area Metro $1,999 $2,029 $2,299 $2,822 $3,218 0
Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area Metro $1,540 $1,731 $2,176 $2,622 $2,885 0
Trenton, NJ MSA Metro $1,391 $1,605 $2,028 $2,443 $2,747 0
Monmouth-Ocean, NJ HUD Metro FMR Area Metro $1,474 $1,654 $2,040 $2,717 $3,023 0
Warren County, NJ HUD Metro FMR Area Metro $1,385 $1,392 $1,686 $2,159 $2,523 0

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