PlainRent

Cape May County

FY 2026 HUD Fair Market Rents in New Jersey. Population: 95,456.

Fair Market Rents (2026)

Studio
National avg: $893
$1,320/mo
↑ 10.7% YoY +48% vs US
1 Bedroom
National avg: $959
$1,366/mo
↑ 12.6% YoY +42% vs US
2 Bedroom
National avg: $1,175
$1,792/mo
↑ 12.6% YoY +53% vs US
3 Bedroom
National avg: $1,525
$2,396/mo
↑ 12.6% YoY +57% vs US
4 Bedroom
National avg: $1,756
$2,405/mo
↑ 12.6% YoY +37% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,192 $1,320 +$128 (+10.7%)
1 Bedroom $1,213 $1,366 +$153 (+12.6%)
2 Bedroom $1,591 $1,792 +$201 (+12.6%)
3 Bedroom $2,127 $2,396 +$269 (+12.6%)
4 Bedroom $2,135 $2,405 +$270 (+12.6%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$54,640
$4,553/month gross
Required annual income for 2 BR
$71,680
$5,973/month gross

Other Counties in New Jersey

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.