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

Discover affordable housing in Hoboken where there are 18+ 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.

Elysian Estates

1300 Washington St, Hoboken, New Jersey 07030

Marian Towers

400 1st St, Hoboken, New Jersey 07030

Church Square South

126 Willow Ave, Hoboken, New Jersey 07030

Eastview

58 Washington St, Hoboken, New Jersey 07030

Westview Associates

55 Bloomfield St, Hoboken, New Jersey 07030

Columbian Towers

76 Bloomfield St, Hoboken, New Jersey 07030

Clock Towers Apartments

300 Adams St, Hoboken, New Jersey 07030

Northvale IV Apartments

58 11th St, Hoboken, New Jersey 07030

Hoboken Ymca 07912

1301 Washington St, Hoboken, New Jersey 07030

1118 Adams Street

1118 Adams St, Hoboken, New Jersey 07030

Columbian Arms

514 Madison St, Hoboken, New Jersey 07030

Project Uplift

800 Willow Ave, Hoboken, New Jersey 07030

C Columbus Gardens

455 9th St, Hoboken, New Jersey 07030

Harrison Gardens

320 Jackson St, Hoboken, New Jersey 07030

Monroe and Adams Gardens

221 Jackson St, Hoboken, New Jersey 07030

Fox Hill Gardens

311 13th St, Hoboken, New Jersey 07030

Andrew Jackson Gardens

300 Marshall Dr, Hoboken, New Jersey 07030

Hudson County - Cnsrt

819 Park Ave, Hoboken, New Jersey 07030

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hoboken, New Jersey
$43.54/hour
$29.81 (+217%) more than New Jersey minimum wage and $36.29 (+501%) more than the Federal minimum wage.
Learn More About Hoboken, New Jersey Affordable Housing ↓

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

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

How many renters live in Hoboken, New Jersey?

The City of Hoboken has 58,754 people living in 27,879 households.

There are 35,940 renters living in 18,290 renter households in this City. Renters make up 61.17 percent of the population living in Hoboken.

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

There are an estimated 30,211 housing units in the Hoboken area. Of these, 19,594 units are rental homes, making up 65 percent of the housing market. For every renter household in Hoboken, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Hoboken?

The rental vacancy rate in Hoboken 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 Hoboken for each bedroom size?

Occupied Rental Units by Size in Hoboken
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
971 7,737 7,627 1,737 153
Occupied Rental Units by Size in Hoboken

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

Among renter households in this market, 31 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 Hoboken

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,993 to $3,183. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,993
One BR $2,025
Two BR $2,299
Three BR $2,855
Four BR $3,183
2024 Fair Market Rents in Hoboken, New Jersey

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

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 282 29 percent
One BR 2,113 27 percent
Two BR 1,345 18 percent
Rental Units Below FMR in Hoboken, New Jersey

How many affordable rental units are in Hoboken?

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

Federal Program Unit Count
Low Income Housing Tax Credit 431
Public Housing 1,152
Section 8 Project-Based Rental Assistance 805
Tracked Units by Federal Program in Hoboken, New Jersey

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

Income Based Apartments in Hoboken, New Jersey

Hoboken features 2,277 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 Hoboken, New Jersey

There are 206 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hoboken.

Housing Choice Vouchers in Hoboken, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hoboken, New Jersey for a two-bedroom apartment is between $2,069 and $2,529.

Sourced from federal housing data and AffordableHousingOnline.com research.