Monmouth-Ocean, NJ HUD Metro FMR Area · FY2026 area median income $140,600 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $492 | $738 | $985 | $1,231 | $1,477 | $1,723 | $1,970 |
| 1BR | $527 | $791 | $1,055 | $1,318 | $1,582 | $1,846 | $2,110 |
| 2BR | $633 | $949 | $1,266 | $1,582 | $1,899 | $2,215 | $2,532 |
| 3BR | $731 | $1,096 | $1,462 | $1,828 | $2,193 | $2,559 | $2,925 |
| 4BR | $815 | $1,223 | $1,631 | $2,038 | $2,446 | $2,854 | $3,262 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $29,550 | $49,250 | $59,100 | $78,800 |
| 2 persons | $33,750 | $56,250 | $67,500 | $90,000 |
| 3 persons | $37,980 | $63,300 | $75,960 | $101,280 |
| 4 persons | $42,180 | $70,300 | $84,360 | $112,480 |
| 5 persons | $45,570 | $75,950 | $91,140 | $121,520 |
| 6 persons | $48,930 | $81,550 | $97,860 | $130,480 |
| 7 persons | $52,320 | $87,200 | $104,640 | $139,520 |
| 8 persons | $55,680 | $92,800 | $111,360 | $148,480 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Ocean County to see the sources and uses, bond test, DSCR, and funding gap using these rents.