New Jersey Snapshot
$2,350
Avg 2BR Rent in New Jersey
$1,230
Cheapest 2BR Rent
598
ZIP Codes Tracked
Last updated May 1, 2026.
How New Jersey compares
New Jersey
$2,350
National Average
$1,457
New Jersey's avg 2br fair market rent is 61.4% higher than the national average.
These are the 10 most affordable ZIP codes in New Jersey, ranked by HUD 2-bedroom Fair Market Rent. Click any ZIP code for the full local snapshot.
FAQ
How many ZIP codes does Mubboo track in New Jersey?
Mubboo tracks 598 ZIP codes in New Jersey via the U.S. Census ZCTA basemap. Use the search box above to look up data for any specific ZIP.
How does New Jersey's average 2BR Fair Market Rent compare nationally?
New Jersey's average 2BR Fair Market Rent is higher the national average. See the "How New Jersey compares" callout above for the precise side-by-side comparison.
What is Fair Market Rent (FMR) and how does HUD calculate it?
HUD sets FMR annually as the 40th percentile of gross rents (rent plus estimated utilities) for standard-quality units in each market area. Small Area FMR (SAFMR) extends this to the ZIP code level, which is what Mubboo displays for New Jersey ZIPs above.
Where can I see the most affordable neighborhoods in New Jersey?
The Top 10 table above ranks New Jersey ZIPs by lowest 2-bedroom Fair Market Rent. Click any ZIP code for the full local snapshot, including home values, demographics, and surrounding ZIPs.
How fresh is this data?
Mubboo refreshes each data source on its native cadence — HUD Fair Market Rents annually (October), Tax Foundation tables annually, and federal datasets per their published schedules. Each page caches for 24 hours via ISR. See our methodology page for details.
Data sources: HUD Small Area Fair Market Rent, Zillow ZHVI, Census Building Permits Survey. Mubboo refreshes each source on its native cadence (HUD annually, Tax Foundation annually, etc.). See our full methodology →
More New Jersey data: