Compare Fair Market Rents — FY2026
| Bedroom | Newark, NJ HUD Metro FMR... | Cape May County, NJ HUD... |
|---|---|---|
| Studio | $1,612 | $1,320 |
| 1-Bedroom | $1,822 | $1,366 |
| 2-Bedroom | $2,205 | $1,792 |
| 3-Bedroom | $2,761 | $2,396 |
| 4-Bedroom | $3,137 | $2,405 |
Income Limits & Affordability
| Metric | Newark, NJ HUD Metro FMR... | Cape May County, NJ HUD... |
|---|---|---|
| Area Median Income (4p) | $138,400 | $115,800 |
| 50% AMI Limit (4p) | $69,200 | $57,900 |
| Income needed for 2BR FMR (30% rule) | $88,200 | $71,680 |