Fair Market Rent - Somerset County, NJ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,608 |
| 1 Bedroom | $1,807 |
| 2 Bedroom | $2,276 |
| 3 Bedroom | $2,756 |
| 4 Bedroom | $3,031 |
Income Limits - Somerset County, NJ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,900
- Very Low (50%)
- $43,150
- Low (80%)
- $57,250
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $49,300
- Low (80%)
- $65,400
- Extremely Low (30%)
- $33,300
- Very Low (50%)
- $55,450
- Low (80%)
- $73,600
- Extremely Low (30%)
- $36,950
- Very Low (50%)
- $61,600
- Low (80%)
- $81,750
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $66,550
- Low (80%)
- $88,300
- Extremely Low (30%)
- $42,900
- Very Low (50%)
- $71,500
- Low (80%)
- $94,850
- Extremely Low (30%)
- $45,850
- Very Low (50%)
- $76,400
- Low (80%)
- $101,400
- Extremely Low (30%)
- $48,800
- Very Low (50%)
- $81,350
- Low (80%)
- $107,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,900 | $43,150 | $57,250 |
| 2 Persons | $29,600 | $49,300 | $65,400 |
| 3 Persons | $33,300 | $55,450 | $73,600 |
| 4 Persons | $36,950 | $61,600 | $81,750 |
| 5 Persons | $39,950 | $66,550 | $88,300 |
| 6 Persons | $42,900 | $71,500 | $94,850 |
| 7 Persons | $45,850 | $76,400 | $101,400 |
| 8 Persons | $48,800 | $81,350 | $107,950 |
All Cities in Somerset County
Somerset
Peapack
Franklin Twp
Basking Ridge
Somerville
Montgomery
Bedminster
Hillsborough Twp
Branchburg
Peapack Gladstone Boro
Branchburg Twp
Bridgewater
Warren
Hillsborough
Lyons
North Plainfield
Skillman
Manville
Green Brook
South Bound Brook
Franklin Township
Frequently Asked Questions About Housing in Somerset County, NJ
How many affordable housing options are in Somerset County, New Jersey?+
Somerset County, New Jersey has 171 affordable housing listings across 21 cities, with a total of 210 housing units. This includes 71 public housing, 37 LIHTC, and 63 housing authority listings.
What cities in Somerset County have affordable housing?+
Somerset County has affordable housing in 21 cities. The top cities include Somerset, Peapack, Franklin Twp, Basking Ridge, Somerville. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Somerset County, New Jersey?+
The HUD Fair Market Rent (FMR) for Somerset County, New Jersey is: Studio: $1608, 1BR: $1807, 2BR: $2276, 3BR: $2756, 4BR: $3031. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Somerset County, New Jersey?+
For a 4-person household in Somerset County, New Jersey: Extremely Low Income (30% AMI): $36,950, Very Low Income (50% AMI): $61,600, Low Income (80% AMI): $81,750. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Somerset County, New Jersey?+
To apply for affordable housing in Somerset County, New Jersey: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Somerset County, New Jersey?+
Somerset County, New Jersey offers three main types of affordable housing: Public Housing (71 listings) — government-owned properties with income-based rent; LIHTC (37 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (63 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Somerset County?+
Somerset County has an estimated population of 252,693 across 21 cities. With 171 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.