Location: Atlantic City-Hammonton, NJ | Metro: Atlantic City-Hammonton, NJ HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,580 |
| 1 Bedroom | $1,800 |
| 2 Bedrooms | $2,180 |
| 3 Bedrooms | $3,010 |
| 4 Bedrooms | $3,320 |
| 5 Bedrooms | $3,851 |
| 6 Bedrooms | $4,313 |
| 7 Bedrooms | $4,658 |
| 8 Bedrooms | $4,891 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,010 | $317,744 | 0.95% | C |
U.S. Census Bureau data (2024)
2220 The Fair Market Rent (FMR) for ZIP 08326, set by HUD for fiscal year 2024, stands at $2220. This figure represents the maximum amount landlords can charge for a Section 8 voucher in this area. 1412 In contrast, the actual market rent, according to Census ACS data, is $1412, indicating a significant gap between what the government deems fair and the current rental market rates. 296372 With a median home value of $296,372, it's clear that this neighborhood offers a mix of affordability and luxury, appealing to a broad range of tenants. 214 Furthermore, the renter share of 21.4% suggests a growing demand for rental properties, making this ZIP code an attractive investment opportunity. 79583 The median income of $79,583 supports the notion that tenants can afford higher rents, which is good news for landlords looking to maximize their returns. N/A Despite the lack of specific data on days on market (DOM), the absence of such information implies stability in property sales, reducing the risk of prolonged vacancies. N/A Similarly, the missing percentage for price-cut shares indicates that homes in this area are selling close to their original listing prices, another sign of a robust real estate market.
2220 Given the discrepancy between the FMR and the market rent, landlords should consider adjusting their expectations for Section 8 vouchers. 1412 While the market rent is lower than the FMR, it still provides a solid basis for setting competitive rental prices. 296372 The median home value, combined with the median income, suggests that the area is economically balanced, offering opportunities for both short-term rentals and long-term investments. 214 A 21.4% renter share points to a steady tenant pool, reducing turnover risks. 79583 The median income figure supports the feasibility of renting to a diverse demographic, ensuring a stable cash flow. N/A The lack of detailed sales data on DOM and price-cut shares reinforces the idea that the real estate market in ZIP 08326 is resilient and consistent.
2220 In conclusion, ZIP 08326 presents a favorable environment for landlords and small-portfolio investors, especially when considering the potential for Section 8 vouchers at the $2220 FMR rate. 1412 However, market realities at $1412 suggest careful pricing strategies to attract both Section 8 tenants and those paying market rates. 296372 With a strong median home value and income levels, this ZIP code is poised for continued growth and stability, making it a worthwhile investment. 214 The high renter share further underscores the potential for successful rental operations. 79583 Overall, the combination of these factors makes ZIP 08326 a viable option for Section 8 participation.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.