What HUD offices serve Egg Harbor City, 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.
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Egg Harbor City.
How many renters live in Egg Harbor City, New Jersey?
The City of Egg Harbor City has 4,376 people living in 1,859 households.
There are 1,824 renters living in 892 renter households in this City. Renters make up 41.68 percent of the population living in Egg Harbor City.
What is the rental market like in Egg Harbor City, New Jersey?
There are an estimated 2,018 housing units in the Egg Harbor City area. Of these, 956 units are rental homes, making up 47 percent of the housing market. For every renter household in Egg Harbor City, New Jersey, there are 1 rental units.
What is the vacancy rate for rentals in Egg Harbor City?
The rental vacancy rate in Egg Harbor City is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Egg Harbor City for each bedroom size?
Occupied Rental Units by Size in Egg Harbor City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 299 | 481 | 86 | 26 |
Occupied Rental Units by Size in Egg Harbor City
A large number of apartments in Egg Harbor City 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 Egg Harbor City are overburdened by housing costs?
Among renter households in this market, 42 percent have housing cost burden. Further, 31 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 Egg Harbor City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,172 to $2,584. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,172 |
| One BR | $1,340 |
| Two BR | $1,670 |
| Three BR | $2,353 |
| Four BR | $2,584 |
2024 Fair Market Rents in Egg Harbor City, New Jersey
How many units are rented at Fair Market Rent (FMR) in Egg Harbor City?
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 |
| One BR | 278 | 93 percent |
| Two BR | 299 | 62 percent |
Rental Units Below FMR in Egg Harbor City, New Jersey
How many affordable rental units are in Egg Harbor City?
There are a variety of federal affordable housing programs serving households in Egg Harbor City, New Jersey including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 100 |
| Section 8 Project-Based Rental Assistance | 128 |
| USDA Section 515 Rural Rental Housing | 18 |
Tracked Units by Federal Program in Egg Harbor City, New Jersey
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Egg Harbor City, New Jersey
Egg Harbor City features 61 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 Egg Harbor City, New Jersey
There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Egg Harbor City.
Housing Choice Vouchers in Egg Harbor City, New Jersey
On average, Section 8 Housing Choice vouchers pay Egg Harbor City landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Egg Harbor City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Egg Harbor City, New Jersey for a two-bedroom apartment is between $1,503 and $1,837.
Sourced from federal housing data and AffordableHousingOnline.com research.
