2023 FMRs in New Jersey by county. Click on the map below to view FMRs for a particular county.
New Jersey Map
FMRs vary across New Jersey based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in New Jersey is $1,661.
The highest average FMR for a two-bedroom apartment in the United States is $1,951 in Hawaii. The lowest for a two-bedroom apartment is $519 in Puerto Rico.
FMRs in New Jersey are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.
View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.
How does New Jersey compare?
The highest FMR for a two-bedroom apartment in New Jersey is $2,088 in Hudson County. The lowest FMR for a two-bedroom apartment is $1,470 in Gloucester County, Camden County, and 2 others.
New Jersey ($1,661) has a 51.6% higher FMR for 2-Bedroom housing than the average of the US ($1,096) and therefore has a higher gross rent.
New Jersey is rank 6th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is higher than 50 other States and territories. New Jersey is the 6th most expensive State or territory in terms of FMRs.
Average FMRs for New Jersey
Rank
Studio
1-person
2-person
3-person
4-person
| County | Rank | Studio | 1-Bed | 2-Bed | 3-Bed | 4-Bed |
|---|---|---|---|---|---|---|
| Hudson County | 1st | $1,765 | $1,821 | $2,088 | $2,578 | $2,805 |
| Bergen County | 2nd | $1,321 | $1,579 | $1,832 | $2,275 | $2,859 |
| Passaic County | 2nd | $1,321 | $1,579 | $1,832 | $2,275 | $2,859 |
| Somerset County | 4th | $1,336 | $1,515 | $1,917 | $2,333 | $2,575 |
| Middlesex County | 4th | $1,336 | $1,515 | $1,917 | $2,333 | $2,575 |
| Hunterdon County | 4th | $1,336 | $1,515 | $1,917 | $2,333 | $2,575 |
| Ocean County | 7th | $1,146 | $1,279 | $1,602 | $2,193 | $2,441 |
| Monmouth County | 7th | $1,146 | $1,279 | $1,602 | $2,193 | $2,441 |
| Mercer County | 9th | $1,158 | $1,321 | $1,732 | $2,108 | $2,327 |
| Atlantic County | 10th | $1,081 | $1,257 | $1,583 | $2,240 | $2,445 |
| Essex County | 11th | $1,129 | $1,338 | $1,606 | $2,038 | $2,394 |
| Morris County | 11th | $1,129 | $1,338 | $1,606 | $2,038 | $2,394 |
| Sussex County | 11th | $1,129 | $1,338 | $1,606 | $2,038 | $2,394 |
| Union County | 11th | $1,129 | $1,338 | $1,606 | $2,038 | $2,394 |
| Warren County | 15th | $1,147 | $1,268 | $1,530 | $1,897 | $2,189 |
| Cape May County | 16th | $1,046 | $1,178 | $1,551 | $1,925 | $2,084 |
| Cumberland County | 17th | $1,095 | $1,143 | $1,471 | $1,941 | $2,079 |
| Gloucester County | 18th | $1,081 | $1,218 | $1,470 | $1,789 | $2,079 |
| Camden County | 18th | $1,081 | $1,218 | $1,470 | $1,789 | $2,079 |
| Salem County | 18th | $1,081 | $1,218 | $1,470 | $1,789 | $2,079 |
| Burlington County | 18th | $1,081 | $1,218 | $1,470 | $1,789 | $2,079 |
More on New Jersey
Want to learn more about New Jersey? See Loan Limits in New Jersey to view maximum loan amounts or click here to find a Public Housing Authority in New Jersey who can help with finding affordable housing near you.
Citation
Link to this Page:
Questions or Comments? Contact us
Data Source
Fair Market Rents are estimated by the HUD.