FY2026 Fair Market Rents — Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,804
1BR
$1,978
2BR
$2,486
3BR
$2,981
4BR
$3,296
Hours/week at min wage
124 hrs
to afford the 2BR FMR @ $15.49/hr (NJ)
YoY change (2BR)
+14.2%
+$310 vs FY2025 · 5-yr +41.8%
Voucher payment standard
$2,237–$2,735
PHAs set HCV payment at 90–110% of the 2BR FMR

Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area

Non-Metropolitan area · NJ · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,804 $21,648
1-Bedroom $1,978 $23,736
2-Bedroom $2,486 $29,832
3-Bedroom $2,981 $35,772
4-Bedroom $3,296 $39,552

Recent 2-Bedroom FMR Trend

FY2020 $1,770 → FY2026 $2,486
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,804 $1,978 $2,486 $2,981 $3,296
FY2025 $1,540 $1,731 $2,176 $2,622 $2,885
FY2024 $1,608 $1,807 $2,276 $2,756 $3,031
FY2023 $1,336 $1,515 $1,917 $2,333 $2,575
FY2022 $1,275 $1,455 $1,851 $2,288 $2,547
FY2021 $1,204 $1,371 $1,753 $2,187 $2,492
FY2020 $1,193 $1,382 $1,770 $2,228 $2,572

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $154,800

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $32,550 $37,200 $41,850 $46,450 $50,200 $53,900
50% AMI (Very Low) $54,200 $61,950 $69,700 $77,400 $83,600 $89,800
80% AMI (Low) $80,200 $91,700 $103,150 $114,600 $123,800 $132,950

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$29,832/yr
FMR as % of Area Median Income
19.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$99,440/yr
$8,287/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 $1,354 $1,548 $1,741 $2,089 $2,244
60% AMI Maximum $1,625 $1,857 $2,089 $2,507 $2,693

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 $1,804 $1,978 $2,486 $2,515 $2,515
Low HOME Rent $1,355 $1,548 $1,742 $1,935 $2,090

Compare Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area 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

Counties in This FMR Area

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