The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

East Brunswick, NJ 08816's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 08816 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,503 to a high of $1,837, with an average of $1,670.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,692, a maximum of $2,068, and an average of $1,880.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,133, peaking at a maximum of $2,607, and averaging at $2,370.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,583, a maximum of $3,157, and an average of $2,870.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,844 to a maximum of $3,476, with an average of $3,160.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 East Brunswick, NJ 8816 Low Rent (90%) $1,503 $1,692 $2,133 $2,583 $2,844
Average Rent $1,670 $1,880 $2,370 $2,870 $3,160
High Rent(110%) $1,837 $2,068 $2,607 $3,157 $3,476
2023 East Brunswick, NJ 8816 Low Rent (90%) $1,215 $1,377 $1,746 $2,124 $2,349
Average Rent $1,350 $1,530 $1,940 $2,360 $2,610
High Rent (110%) $1,485 $1,683 $2,134 $2,596 $2,871
2022 East Brunswick, NJ 8816 Low Rent (90%) $1,161 $1,323 $1,683 $2,079 $2,313
Average Rent $1,290 $1,470 $1,870 $2,310 $2,570
High Rent(110%) $1,419 $1,617 $2,057 $2,541 $2,827
2021 East Brunswick, NJ 8816 Low Rent (90%) $1,107 $1,260 $1,611 $2,007 $2,286
Average Rent $1,230 $1,400 $1,790 $2,230 $2,540
High Rent (110%) $1,353 $1,540 $1,969 $2,453 $2,794
2020 East Brunswick, NJ 8816 Low Rent (90%) $1,107 $1,278 $1,638 $2,061 $2,376
Average Rent $1,230 $1,420 $1,820 $2,290 $2,640
High Rent(110%) $1,353 $1,562 $2,002 $2,519 $2,904
2019 East Brunswick, NJ 8816 Low Rent (90%) $1,071 $1,269 $1,629 $2,061 $2,430
Average Rent $1,190 $1,410 $1,810 $2,290 $2,700
High Rent (110%) $1,309 $1,551 $1,991 $2,519 $2,970


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