FY2026 Fair Market Rents — Ocean City, NJ MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,320
1BR
$1,366
2BR
$1,792
3BR
$2,396
4BR
$2,405
Hours/week at min wage
89 hrs
to afford the 2BR FMR @ $15.49/hr (NJ)
YoY change (2BR)
+12.6%
+$201 vs FY2025 · 5-yr +31.7%
Voucher payment standard
$1,613–$1,971
PHAs set HCV payment at 90–110% of the 2BR FMR
Ocean City, NJ MSA
Non-Metropolitan area · NJ · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,320 | $15,840 |
| 1-Bedroom | $1,366 | $16,392 |
| 2-Bedroom | $1,792 | $21,504 |
| 3-Bedroom | $2,396 | $28,752 |
| 4-Bedroom | $2,405 | $28,860 |
Recent 2-Bedroom FMR Trend
FY2020 $1,250 → FY2026 $1,792
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,320 | $1,366 | $1,792 | $2,396 | $2,405 |
| FY2025 | $1,192 | $1,213 | $1,591 | $2,127 | $2,135 |
| FY2024 | $1,107 | $1,194 | $1,569 | $1,973 | $2,090 |
| FY2023 | $1,046 | $1,178 | $1,551 | $1,925 | $2,084 |
| FY2022 | $973 | $1,113 | $1,465 | $1,816 | $1,987 |
| FY2021 | $898 | $1,069 | $1,361 | $1,763 | $1,846 |
| FY2020 | $814 | $1,012 | $1,250 | $1,669 | $1,708 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $115,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $24,350 | $27,800 | $31,300 | $34,750 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $40,550 | $46,350 | $52,150 | $57,900 | $62,550 | $67,200 |
| 80% AMI (Low) | $64,900 | $74,150 | $83,400 | $92,650 | $100,100 | $107,500 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$21,504/yr
FMR as % of Area Median Income
18.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$71,680/yr
$5,973/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $1,013 | $1,158 | $1,302 | $1,563 | $1,679 |
| 60% AMI Maximum | $1,215 | $1,389 | $1,563 | $1,875 | $2,014 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $1,320 | $1,366 | $1,792 | $1,881 | $1,881 |
| Low HOME Rent | $1,013 | $1,158 | $1,303 | $1,447 | $1,563 |
Compare Ocean City, NJ MSA With Other NJ Metros
vs. Atlantic City-Hammonton, NJ MSA
vs. Bergen-Passaic, NJ HUD Metro FMR Area
vs. Cape May County, NJ HUD Metro FMR Area
vs. Jersey City, NJ HUD Metro FMR Area
vs. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area