Low Income Apartments and Affordable Housing For Rent in Highland Park, NJ

Discover affordable housing in Highland Park where there are 2+ 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.

AHEPA Highland Apartments

239 South Sixth Avenue, Highland Park, New Jersey 8904

Samuel Kronman Apartments

242 S 6th Ave, Highland Park, New Jersey 08904

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Highland Park, New Jersey
$43.11/hour
$29.38 (+214%) more than New Jersey minimum wage and $35.86 (+495%) more than the Federal minimum wage.
Learn More About Highland Park, New Jersey Affordable Housing ↓

What HUD offices serve Highland Park, 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 Highland Park, New Jersey.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Highland Park, New Jersey.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Highland Park, New Jersey.

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

How many renters live in Highland Park, New Jersey?

The City of Highland Park has 14,996 people living in 6,547 households.

There are 7,846 renters living in 4,035 renter households in this City. Renters make up 52.32 percent of the population living in Highland Park.

What is the rental market like in Highland Park, New Jersey?

There are an estimated 6,942 housing units in the Highland Park area. Of these, 4,255 units are rental homes, making up 61 percent of the housing market. For every renter household in Highland Park, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Highland Park?

The rental vacancy rate in Highland Park is 5 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 Highland Park for each bedroom size?

Occupied Rental Units by Size in Highland Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
291 1,869 1,526 295 39
Occupied Rental Units by Size in Highland Park

A large number of apartments in Highland Park 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 Highland Park are overburdened by housing costs?

Among renter households in this market, 39 percent have housing cost burden. Further, 14 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 Highland Park

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,608 to $3,031. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,608
One BR $1,807
Two BR $2,276
Three BR $2,756
Four BR $3,031
2024 Fair Market Rents in Highland Park, New Jersey

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

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 197 68 percent
One BR 585 31 percent
Two BR 174 11 percent
Rental Units Below FMR in Highland Park, New Jersey

How many affordable rental units are in Highland Park?

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

Federal Program Unit Count
Low Income Housing Tax Credit 270
Tracked Units by Federal Program in Highland Park, New Jersey

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

Income Based Apartments in Highland Park, New Jersey

Highland Park features 100 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 Highland Park, New Jersey

There are 11 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Highland Park.

Housing Choice Vouchers in Highland Park, New Jersey

On average, Section 8 Housing Choice vouchers pay Highland Park landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Highland Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Highland Park, New Jersey for a two-bedroom apartment is between $2,048 and $2,504.

Sourced from federal housing data and AffordableHousingOnline.com research.