Salem County, NJ

2025 Fair Market Rents

Tags: 2025 SAFMRS Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

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The top four largest cities in Salem County are Pennsville, Penns Grove, Salem, and Pedricktown. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Salem County use?

Salem County is determined by the HUD to use Small Area Fair Market Rents. 40th percentile FMRs still exist for this county but they are not used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Salem County compare?

Salem County ($1,802) has a 8.7% lower FMR for 2-Bedroom housing than the average of New Jersey ($1,973) and therefore has a lower gross rent.

Salem County is rank 14th out of 21 counties. This means the FMRs, or in other words, the gross rent is lower than 13 other counties. Salem County is the 8th cheapest county in terms of FMRs.

Rent Tables Salem County, NJ

Fair Market Rent (40th Percentile)

$1,372
studio
$1,512
1-Bedroom
$1,802
2-Bedroom
$2,171
3-Bedroom
$2,468
4-Bedroom

Median Rent (50th Percentile)

$1,486
studio
$1,638
1-Bedroom
$1,952
2-Bedroom
$2,352
3-Bedroom
$2,674
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
08001 $1,180 $1,280 $1,550 $1,950 $2,120
08023 $1,520 $1,680 $2,000 $2,410 $2,740
08038 $1,440 $1,590 $1,890 $2,280 $2,590
08067 $1,630 $1,800 $2,140 $2,580 $2,930
08069 $1,260 $1,390 $1,660 $2,000 $2,270
08070 $1,230 $1,350 $1,610 $1,940 $2,210
08072 $1,130 $1,240 $1,480 $1,780 $2,030
08079 $1,130 $1,240 $1,480 $1,780 $2,030
08347 $1,230 $1,350 $1,610 $1,940 $2,210
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
08001 $1,062 $1,152 $1,395 $1,755 $1,908
08023 $1,368 $1,512 $1,800 $2,169 $2,466
08038 $1,296 $1,431 $1,701 $2,052 $2,331
08067 $1,467 $1,620 $1,926 $2,322 $2,637
08069 $1,134 $1,251 $1,494 $1,800 $2,043
08070 $1,107 $1,215 $1,449 $1,746 $1,989
08072 $1,017 $1,116 $1,332 $1,602 $1,827
08079 $1,017 $1,116 $1,332 $1,602 $1,827
08347 $1,107 $1,215 $1,449 $1,746 $1,989
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
08001 $1,298 $1,408 $1,705 $2,145 $2,332
08023 $1,672 $1,848 $2,200 $2,651 $3,014
08038 $1,584 $1,749 $2,079 $2,508 $2,849
08067 $1,793 $1,980 $2,354 $2,838 $3,223
08069 $1,386 $1,529 $1,826 $2,200 $2,497
08070 $1,353 $1,485 $1,771 $2,134 $2,431
08072 $1,243 $1,364 $1,628 $1,958 $2,233
08079 $1,243 $1,364 $1,628 $1,958 $2,233
08347 $1,353 $1,485 $1,771 $2,134 $2,431

Fair Market Rents on this page apply to the following cities in Salem County, New Jersey: Pennsville, Penns Grove, Salem, Pedricktown, Alloway, Deepwater, Hancocks Bridge, Quinton, and Norma.

These Fair Market Rents also apply to the following ZIP codes in Salem County, New Jersey: 08070, 08069, 08079, 08067, 08001, 08023, 08038, 08072, and 08347.

Salem County, NJ is considered part of the following metro FMR area: PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD MSA.

Other counties in the same metro FMR area are: Burlington County, NJ, Camden County, NJ, and Gloucester County, NJ.

More on Salem County, NJ

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.