Low Income Apartments and Affordable Housing For Rent in Elizabeth, NJ

Discover affordable housing in Elizabeth where there are 53+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Heritage Village at Elizabeth

225 Second Street., Elizabeth, New Jersey 07206

Parkers Walk

450 Irvington Avenue, Elizabeth, New Jersey 07208

Parkers View

450 Irvington Avenue, Elizabeth, New Jersey 07208

Portside II Apartments

136 Pine Street, Elizabeth, New Jersey 07206

Waters Edge Crescent

80 Magnolia Ave, Elizabeth, New Jersey 07206

Westminster Heights

450 Irvington Avenue, Elizabeth, New Jersey 07208

Oaks at Westminster

410 Irvington Ave, Elizabeth, New Jersey 07208

Elizabeth Center Apartments

809 Pearl St, Elizabeth, New Jersey 07202

Oakwood Plaza Apartments

380 Irvington Ave, Elizabeth, New Jersey 07208

Madison Apartments

449 Madison Ave, Elizabeth, New Jersey 07201

Winfield Scott Towers

323 N Broad St, Elizabeth, New Jersey 07208

Ymca Sierra Gardens 656

144 Madison Ave, Elizabeth, New Jersey 07201

Millennium Urban Renewal Corp.

600 Fulton St, Elizabeth, New Jersey 07206

E’Port Family Homes

158-168 First Street and 200-214 Third Street, Elizabeth, New Jersey 07206

Parker's View

450 Irvington Avenue, Elizabeth, New Jersey 07208

Marina Village

82 S Park St, Elizabeth, New Jersey 07206

Magill Real Estate Holdings, Llc

Magill Real Estate Holdings Llc, Elizabeth, New Jersey 07206

Magill Real Estate Holdings Llc

458 Morris Ave, Elizabeth, New Jersey 07208

Palmer Street Development

401 Palmer St, Elizabeth, New Jersey 07202

Ymca of Easter Union County

110 Madison Ave, Elizabeth, New Jersey 07201

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Elizabeth, New Jersey
$36.29/hour
$22.56 (+164%) more than New Jersey minimum wage and $29.04 (+401%) more than the Federal minimum wage.
Learn More About Elizabeth, New Jersey Affordable Housing ↓

What HUD offices serve Elizabeth, New Jersey?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Elizabeth, New Jersey.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Elizabeth, New Jersey.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Elizabeth, New Jersey.

Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Elizabeth.

How many renters live in Elizabeth, New Jersey?

The City of Elizabeth has 134,274 people living in 47,280 households.

There are 93,789 renters living in 35,682 renter households in this City. Renters make up 69.85 percent of the population living in Elizabeth.

What is the rental market like in Elizabeth, New Jersey?

There are an estimated 48,731 housing units in the Elizabeth area. Of these, 35,651 units are rental homes, making up 73 percent of the housing market. For every renter household in Elizabeth, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Elizabeth?

The rental vacancy rate in Elizabeth is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Elizabeth for each bedroom size?

Occupied Rental Units by Size in Elizabeth
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,676 9,183 12,071 9,095 721
Occupied Rental Units by Size in Elizabeth

A large number of apartments in Elizabeth have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Elizabeth are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 26 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Elizabeth

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,379 to $2,800. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,379
One BR $1,590
Two BR $1,916
Three BR $2,424
Four BR $2,800
2024 Fair Market Rents in Elizabeth, New Jersey

How many units are rented at Fair Market Rent (FMR) in Elizabeth?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 2,101 79 percent
One BR 8,165 89 percent
Two BR 6,726 56 percent
Rental Units Below FMR in Elizabeth, New Jersey

How many affordable rental units are in Elizabeth?

There are a variety of federal affordable housing programs serving households in Elizabeth, New Jersey including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,987
Public Housing 1,288
Section 8 Project-Based Rental Assistance 141
Section 236 Rental Assistance 193
Section 202 Supportive Housing for the Elderly 71
Tracked Units by Federal Program in Elizabeth, New Jersey

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Elizabeth, New Jersey

Elizabeth features 1,724 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Elizabeth, New Jersey

There are 768 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elizabeth.

Housing Choice Vouchers in Elizabeth, New Jersey

On average, Section 8 Housing Choice vouchers pay Elizabeth landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Elizabeth.

The maximum amount a voucher would pay on behalf of a low-income tenant in Elizabeth, New Jersey for a two-bedroom apartment is between $1,724 and $2,108.

Sourced from federal housing data and AffordableHousingOnline.com research.