Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,867$22,404 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Atlantic County, NJ
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Atlantic County, NJ
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,346 | $16,152 | $53,840 | $25.88/hr |
| 1-Bedroom Apartment | $1,537 | $18,444 | $61,480 | $29.56/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,867 | $22,404 | $74,680 | $35.90/hr |
| 3-Bedroom Home | $2,586 | $31,032 | $103,440 | $49.73/hr |
| 4-Bedroom Home | $2,851 | $34,212 | $114,040 | $54.83/hr |
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Frequently Asked Questions About Rent in Atlantic County, NJ
What is the Fair Market Rent for a 2-bedroom in Atlantic County, NJ?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Atlantic County, NJ is $1,867 per month ($22,404 per year).
What hourly wage is needed to afford rent in Atlantic County, NJ?
To comfortably afford a 2-bedroom apartment at $1,867/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $35.90 per hour ($74,680/year).
What are the HUD Fair Market Rents by bedroom count in Atlantic County, NJ?
Official 2026 HUD rents in Atlantic County, NJ are: Studio: $1,346/mo, 1-Bedroom: $1,537/mo, 2-Bedroom: $1,867/mo, 3-Bedroom: $2,586/mo, and 4-Bedroom: $2,851/mo.
How do HUD Fair Market Rents compare to local incomes in Atlantic County, NJ?
At the local Census ACS median household income of $78,050/year ($6,504/month), the benchmark 2-bedroom Fair Market Rent represents 28.7% of monthly income.
How is the 30% housing affordability standard calculated in Atlantic County, NJ?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,867/month, the required minimum annual gross income is calculated as ($1,867 × 12) ÷ 0.30 = $74,680 per year.