What is the Fair Market Rent for a 2-bedroom in Jersey City, NJ HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Jersey City, NJ HUD Metro FMR Area is $2,763 per month for fiscal year 2026. The studio FMR is $2,407, 1-bedroom is $2,458, 3-bedroom is $3,367, and 4-bedroom is $3,955.

What income do you need to afford the FMR in Jersey City, NJ HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $110,520 per year ($9,210 per month) to afford the FY2026 2-bedroom Fair Market Rent of $2,763 in Jersey City, NJ HUD Metro FMR Area.

FY2026 Fair Market Rents — Jersey City, NJ HUD Metro FMR Area

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

Studio

$2,407

1BR

$2,458

2BR

$2,763

3BR

$3,367

4BR

$3,955

Hours/week at min wage

138 hrs

to afford the 2BR FMR @ $15.49/hr (NJ)

National rank

#14

of 661 U.S. metros (top 3% most expensive)

YoY change (2BR)

+20.2%

+$464 vs FY2025 · 5-yr +41.1%

Voucher payment standard

$2,487–$3,039

PHAs set HCV payment at 90–110% of the 2BR FMR

Jersey City, NJ HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$2,407	$28,884
1-Bedroom	$2,458	$29,496
2-Bedroom	$2,763	$33,156
3-Bedroom	$3,367	$40,404
4-Bedroom	$3,955	$47,460

Recent 2-Bedroom FMR Trend

FY2020 $1,691 → FY2026 $2,763

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$2,407	$2,458	$2,763	$3,367	$3,955
FY2025	$1,999	$2,029	$2,299	$2,822	$3,218
FY2024	$1,993	$2,025	$2,299	$2,855	$3,183
FY2023	$1,765	$1,821	$2,088	$2,578	$2,805
FY2022	$1,610	$1,711	$1,972	$2,438	$2,674
FY2021	$1,550	$1,686	$1,958	$2,435	$2,655
FY2020	$1,292	$1,439	$1,691	$2,107	$2,291

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $110,100

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$30,950	$35,400	$39,800	$44,200	$47,750	$51,300
50% AMI (Very Low)	$51,550	$58,950	$66,300	$73,700	$79,600	$85,500
80% AMI (Low)	$82,550	$94,350	$106,150	$117,900	$127,350	$136,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$33,156/yr

FMR as % of Area Median Income

30.1% of AMI

Above 30% — cost-burdened at median income

Income Needed (30% rule, 2BR)

$110,520/yr

$9,210/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	$963	$1,101	$1,238	$1,486	$1,596
60% AMI Maximum	$1,156	$1,321	$1,486	$1,783	$1,915

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	$1,789	$1,789	$1,789	$1,789	$1,789
Low HOME Rent	$1,288	$1,473	$1,657	$1,842	$1,990

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $2,763. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

07030	$4,140
07302	$4,140
07310	$4,140
07311	$4,140
07086	$3,760

Lowest-cost ZIPs (2BR SAFMR)

07305	$2,340
07087	$2,380
07002	$2,430
07304	$2,460
07093	$2,490

All 18 ZIP codes in this area

07002 07029 07030 07086 07087 07093 07094 07096 07097 07099 07302 07303 07304 07305 07306 07307 07310 07311

Compare Jersey City, 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. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area vs. Monmouth-Ocean, NJ HUD Metro FMR Area

Counties in This FMR Area

Hudson County