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

Discover affordable housing in Kearny 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.

Spruce Terrace

21 Spruce St , Kearny, New Jersey 07032

681 - 97 Schuyler Avenue

681 Schuyler Ave, Kearny, New Jersey 7032

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kearny, 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 Kearny, New Jersey Affordable Housing ↓

What HUD offices serve Kearny, 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) programs for Kearny, New Jersey.

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

How many renters live in Kearny, New Jersey?

The City of Kearny has 41,157 people living in 14,703 households.

There are 19,977 renters living in 7,770 renter households in this City. Renters make up 48.54 percent of the population living in Kearny.

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

There are an estimated 15,362 housing units in the Kearny area. Of these, 7,986 units are rental homes, making up 52 percent of the housing market. For every renter household in Kearny, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Kearny?

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

Occupied Rental Units by Size in Kearny
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
472 2,185 3,288 1,631 142
Occupied Rental Units by Size in Kearny

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

Among renter households in this market, 46 percent have housing cost burden. Further, 23 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 Kearny

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 Kearny, New Jersey

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

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 310 66 percent
One BR 1,564 72 percent
Two BR 1,157 35 percent
Rental Units Below FMR in Kearny, New Jersey

How many affordable rental units are in Kearny?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 123
Tracked Units by Federal Program in Kearny, New Jersey

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

Income Based Apartments in Kearny, New Jersey

Kearny features 75 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 Kearny, New Jersey

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kearny.

Housing Choice Vouchers in Kearny, New Jersey

On average, Section 8 Housing Choice vouchers pay Kearny landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Kearny.

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

Sourced from federal housing data and AffordableHousingOnline.com research.