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

Discover affordable housing in Williamstown where there are 7+ 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.

Carino Park

100 Chestnut St, Williamstown, New Jersey 08094

The Willows at Justin Commons

1201 Justin Way, Williamstown, New Jersey 08094

Monroe Towne East

175 Walnut St, Williamstown, New Jersey 08094

Revere Run at Gloucester Township

430 Loch Lomond Dr, Williamstown, New Jersey 8081

Monroe Towne I

800 N Main St, Williamstown, New Jersey

Mimosa Ridge

Blue Bell Road and , Williamstown, New Jersey

Monroe Towne II

11 N Main St, Williamstown, New Jersey

calendar_today Opened: Dec 3
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Williamstown, New Jersey
$32.90/hour
$19.17 (+140%) more than New Jersey minimum wage and $25.65 (+354%) more than the Federal minimum wage.
Learn More About Williamstown, New Jersey Affordable Housing ↓

What HUD offices serve Williamstown, 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 Williamstown, New Jersey.

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

How many renters live in Williamstown, New Jersey?

The City of Williamstown has 14,770 people living in 5,585 households.

There are 1,607 renters living in 967 renter households in this City. Renters make up 10.88 percent of the population living in Williamstown.

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

There are an estimated 5,899 housing units in the Williamstown area. Of these, 1,001 units are rental homes, making up 17 percent of the housing market. For every renter household in Williamstown, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Williamstown?

The rental vacancy rate in Williamstown is 0 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 Williamstown for each bedroom size?

Occupied Rental Units by Size in Williamstown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
33 520 309 75 30
Occupied Rental Units by Size in Williamstown

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

Among renter households in this market, 47 percent have housing cost burden. Further, 27 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 Williamstown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,303
One BR $1,451
Two BR $1,737
Three BR $2,100
Four BR $2,422
2024 Fair Market Rents in Williamstown, New Jersey

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

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 20 61 percent
One BR 484 93 percent
Two BR 157 51 percent
Rental Units Below FMR in Williamstown, New Jersey

How many affordable rental units are in Williamstown?

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

Federal Program Unit Count
Public Housing 111
USDA Section 515 Rural Rental Housing 111
Tracked Units by Federal Program in Williamstown, New Jersey

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

Income Based Apartments in Williamstown, New Jersey

Williamstown features 321 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 Williamstown, New Jersey

There are 132 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Williamstown.

Housing Choice Vouchers in Williamstown, New Jersey

On average, Section 8 Housing Choice vouchers pay Williamstown landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Williamstown.

The maximum amount a voucher would pay on behalf of a low-income tenant in Williamstown, New Jersey for a two-bedroom apartment is between $1,563 and $1,911.

Sourced from federal housing data and AffordableHousingOnline.com research.