What HUD offices serve Atlantic Highlands, 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.
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Atlantic Highlands.
How many renters live in Atlantic Highlands, New Jersey?
The City of Atlantic Highlands has 4,409 people living in 1,907 households.
There are 1,034 renters living in 578 renter households in this City. Renters make up 23.45 percent of the population living in Atlantic Highlands.
What is the rental market like in Atlantic Highlands, New Jersey?
There are an estimated 1,961 housing units in the Atlantic Highlands area. Of these, 603 units are rental homes, making up 31 percent of the housing market. For every renter household in Atlantic Highlands, New Jersey, there are 1 rental units.
What is the vacancy rate for rentals in Atlantic Highlands?
The rental vacancy rate in Atlantic Highlands 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 Atlantic Highlands for each bedroom size?
Occupied Rental Units by Size in Atlantic Highlands
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 246 | 245 | 53 | 34 |
Occupied Rental Units by Size in Atlantic Highlands
A large number of apartments in Atlantic Highlands 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 Atlantic Highlands are overburdened by housing costs?
Among renter households in this market, 51 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 Atlantic Highlands
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,385 to $2,904. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,385 |
| One BR | $1,546 |
| Two BR | $1,916 |
| Three BR | $2,604 |
| Four BR | $2,904 |
2024 Fair Market Rents in Atlantic Highlands, New Jersey
How many units are rented at Fair Market Rent (FMR) in Atlantic Highlands?
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 |
| One BR | 131 | 53 percent |
| Two BR | 68 | 28 percent |
Rental Units Below FMR in Atlantic Highlands, New Jersey
How many affordable rental units are in Atlantic Highlands?
Income Based Apartments in Atlantic Highlands, New Jersey
Atlantic Highlands features 58 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 Atlantic Highlands, New Jersey
There are 108 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Atlantic Highlands.
Housing Choice Vouchers in Atlantic Highlands, New Jersey
On average, Section 8 Housing Choice vouchers pay Atlantic Highlands landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Atlantic Highlands.
The maximum amount a voucher would pay on behalf of a low-income tenant in Atlantic Highlands, New Jersey for a two-bedroom apartment is between $1,724 and $2,108.
Sourced from federal housing data and AffordableHousingOnline.com research.
