2024 Fair Market Rents – Monmouth County

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The Department of Housing and Urban Development (HUD) establishes yearly guidelines for Fair Market Rent (FMRs) . 

These are developed by State, County and Zip levels and set the basis for all kinds of rental assistance.

I am showing the chart here for Monmouth County, NJ and highlighted Ocean Township (07712 and 07755) .  

You will see here a good example of the problem with ZIP CODE based (bias)  between 07712 aka “the Asbury Park zip” and 07755, the “rest of Ocecan Township zip” . 

Click HERE to see 2024 FMRs for Monmouth Countywith the highlighted  07712 and 07755 (Ocean Township) “bias” . 

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