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

Discover affordable housing in Alpha where there are 1+ 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.

Alpha Group Home

429 Pohatcong St, Alpha, New Jersey 08865

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alpha, New Jersey
$29.17/hour
$15.44 (+112%) more than New Jersey minimum wage and $21.92 (+302%) more than the Federal minimum wage.
Learn More About Alpha, New Jersey Affordable Housing ↓

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

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

How many renters live in Alpha, New Jersey?

The City of Alpha has 2,223 people living in 956 households.

There are 484 renters living in 302 renter households in this City. Renters make up 21.77 percent of the population living in Alpha.

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

There are an estimated 1,017 housing units in the Alpha area. Of these, 313 units are rental homes, making up 31 percent of the housing market. For every renter household in Alpha, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Alpha?

The rental vacancy rate in Alpha is 4 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 Alpha for each bedroom size?

Occupied Rental Units by Size in Alpha
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 125 112 33 22
Occupied Rental Units by Size in Alpha

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

Among renter households in this market, 40 percent have housing cost burden. Further, 18 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 Alpha

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,171 to $2,278. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,171
One BR $1,277
Two BR $1,540
Three BR $1,950
Four BR $2,278
2024 Fair Market Rents in Alpha, New Jersey

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

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 0 100 percent
One BR 93 74 percent
Two BR 99 88 percent
Rental Units Below FMR in Alpha, New Jersey

How many affordable rental units are in Alpha?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 6
Tracked Units by Federal Program in Alpha, New Jersey

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

Income Based Apartments in Alpha, New Jersey

Alpha features 8 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 Alpha, New Jersey

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alpha.

Housing Choice Vouchers in Alpha, New Jersey

On average, Section 8 Housing Choice vouchers pay Alpha landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Alpha.

The maximum amount a voucher would pay on behalf of a low-income tenant in Alpha, New Jersey for a two-bedroom apartment is between $1,386 and $1,694.

Sourced from federal housing data and AffordableHousingOnline.com research.