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Section 8 rent in Ocean City, NJ

FY2025 HUD Small Area Fair Market Rents for the Ocean City, NJ MSA, covering 21 ZIP codes.

$1,678Avg 2BR FMR / mo
$1,845Avg 2BR at 110% Standard
21ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$1,070$1,254$1,520$1,379
1 Bedroom$1,090$1,280$1,550$1,409
2 Bedrooms$1,430$1,678$2,030$1,845
3 Bedrooms$1,910$2,250$2,710$2,475
4 Bedrooms$1,920$2,264$2,720$2,490

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$3,356$40,272
Triplex3 × 2BR$5,034$60,408
Fourplex4 × 2BR$6,712$80,544
Fourplex4 × 3BR$9,000$108,000

Gross scheduled rent before vacancy, maintenance and management. Run any New Jersey multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 21 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
08243 $1,550 $2,030 $2,710 $2,720
08223 $1,460 $1,920 $2,570 $2,580
08248 $1,410 $1,850 $2,480 $2,490
08230 $1,390 $1,830 $2,450 $2,460
08226 $1,380 $1,810 $2,420 $2,430
08247 $1,350 $1,770 $2,370 $2,370
08251 $1,330 $1,750 $2,340 $2,350
08210 $1,330 $1,740 $2,330 $2,330
08246 $1,330 $1,740 $2,330 $2,330
08202 $1,320 $1,730 $2,310 $2,320
08214 $1,210 $1,590 $2,130 $2,130
08218 $1,210 $1,590 $2,130 $2,130
08219 $1,210 $1,590 $2,130 $2,130
08245 $1,210 $1,590 $2,130 $2,130
08250 $1,210 $1,590 $2,130 $2,130

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Ocean City, NJ?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Ocean City, NJ MSA is $1,678 per month, ranging from $1,430 to $2,030 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,845.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Ocean City, NJ, 2-bedroom SAFMRs run from $1,430 to $2,030 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in New Jersey?
RealG searches live listings across New Jersey, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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