New Jersey Fair Market Rents

2025 Fair Market Rents

2025 FMRs in New Jersey by county. Click on the map below to view FMRs for a particular county.

New Jersey Map

Minimum FMR
Maximum FMR

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 $1,973.

The highest average FMR for a two-bedroom apartment in the United States is $2,314 in District of Columbia. The lowest for a two-bedroom apartment is $579 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 $2,299 in Hudson County. The lowest FMR for a two-bedroom apartment is $1,591 in Cape May County and Cumberland County.

New Jersey ($1,973) has a 57.2% higher FMR for 2-Bedroom housing than the average of the US ($1,255) and therefore has a higher gross rent.

New Jersey is rank 4th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is higher than 52 other States and territories. New Jersey is the 4th most expensive State or territory in terms of FMRs.

Average FMRs for New Jersey

4th
Rank
$1,466
Studio
$1,627
1-person
$1,973
2-person
$2,476
3-person
$2,797
4-person
Counties in New Jersey (21)

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.