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Low Income Apartments and Affordable Housing For Rent in Monmouth County, NJ

Discover affordable housing in Monmouth County where there are 171+ 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.

Image of Heritage Village at Oakhurst

Heritage Village at Oakhurst

777 West Park Avenue, Oakhurst, New Jersey 07712

bed 1-2
payment $1098-1318/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Image of Heritage Village at Manalapan for Adults 55 Plus

Heritage Village at Manalapan for Adults 55 Plus

216 Woodward Road, Manalapan, New Jersey 07726

bed 1-2
payment $1094-1311/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Image of Heritage Village at Elton Corner

Heritage Village at Elton Corner

895 Elton Adelphia Rd., Freehold, New Jersey 07728

bed 1-2
payment $1082-1298/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Image of Asbury Tower

Asbury Tower

1701 Ocean Ave, Asbury Park, New Jersey 7712

bed Studio-1
payment $844-1023/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible
Image of Oceanpointe Towers

Oceanpointe Towers

10 Pavilion Avenue, Long Branch, New Jersey 07740

bed 1
payment Subsidized
Image of Conifer Village at Middletown

Conifer Village at Middletown

100 Beaman Blvd., Atlantic Highlands, New Jersey 07716

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Image of Bethany Manor

Bethany Manor

500 Broad St, Keyport, New Jersey 07735

bed Studio-1
payment Subsidized
Image of Stephen Manor

Stephen Manor

1100 Atlantic Ave, Asbury Park, New Jersey 07712

payment Subsidized
accessibility Accessible
Image of Valley Brook Village

Valley Brook Village

100 Tracey Ct, Belford, New Jersey 07939

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible
Image of The Willows at Manalapan

The Willows at Manalapan

48 Wood Ave, Manalapan, New Jersey 07726

switch_access_shortcut Short Wait
accessibility Accessible
Image of Allenwood Terrace

Allenwood Terrace

2101 Allenwood Rd., Wall, New Jersey 07719

bed Studio-2
payment $524-1125/mo.
switch_access_shortcut Short Wait
accessibility Accessible
Image of Alexandria Group Home

Alexandria Group Home

1 Alexandria Dr, Manalapan, New Jersey 07726

switch_access_shortcut Short Wait
Image of Howell Township Senior Citizens Housing

Howell Township Senior Citizens Housing

720 Rt, Howell, New Jersey 07731

payment Subsidized
elderly Senior
accessibility Accessible
Image of Hudson Manor

Hudson Manor

40 Hudson Street, Freehold, New Jersey 07728

payment Subsidized
Image of Bethany Towers

Bethany Towers

1 Clark St, Hazlet, New Jersey 7730

payment Subsidized
Image of Community Options Eleanor

Community Options Eleanor

74 Scenic Dr, Howell, New Jersey 07731

payment Subsidized
accessibility Accessible
accessible_forward Disability
Image of Eatontown Senior Citizewns Aka the Meadowbrook

Eatontown Senior Citizewns Aka the Meadowbrook

55 Wykoff Rd, Eatontown, New Jersey 07724

payment Subsidized
Image of Tinton Woods

Tinton Woods

1086 Maxim Southard Rd, Howell, New Jersey 07306

accessibility Accessible
Image of Monmouth County Independant Living Complex

Monmouth County Independant Living Complex

17 Lincoln Pl, Freehold, New Jersey 07728

accessibility Accessible
Image of Shrewsbury

Shrewsbury

935 Broad St, Shrewsbury, New Jersey 07702

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Monmouth County, New Jersey

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Monmouth County, New Jersey
$36.29/hour
$22.56 (+164%) more than New Jersey minimum wage and $29.04 (+401%) more than the Federal minimum wage.
Learn More About Monmouth County, New Jersey Affordable Housing ↓

What HUD offices serve Monmouth County, 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.

Monmouth County Public Housing Agency
Operates the Section 8 Housing Choice Voucher (HCV) programs for Monmouth County, New Jersey.
State of New Jersey Department of Community Affairs
Operates the Section 8 Housing Choice Voucher (HCV) programs for Monmouth County, New Jersey.

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

How many renters live in Monmouth County, New Jersey?

The County of Monmouth County has people living in households.

There are renters living in renter households in this County. Renters make up 19.34 percent of the population living in Monmouth County.

What is the rental market like in Monmouth County, New Jersey?

There are an estimated housing units in the Monmouth County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Monmouth County, New Jersey, there are 1.04 rental units.

What is the vacancy rate for rentals in Monmouth County?

The rental vacancy rate in Monmouth County 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 Monmouth County for each bedroom size?

Occupied Rental Units by Size in Monmouth County
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
3,04326,31619,2408,8972,399
Occupied Rental Units by Size in Monmouth County

A large number of apartments in Monmouth County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Monmouth County

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 Size2024 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 Monmouth County, New Jersey

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

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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,77458 percent
One BR15,33558 percent
Two BR5,94731 percent
Rental Units Below FMR in Monmouth County, New Jersey

How many affordable rental units are in Monmouth County?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 236 Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Monmouth County, New Jersey

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

Income Based Apartments in Monmouth County, New Jersey

Monmouth County features 4,559 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 Monmouth County, New Jersey

There are 3,170 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monmouth County.

Housing Choice Vouchers in Monmouth County, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Monmouth County, New Jersey for a two-bedroom apartment is between $1,724 and $2,108.

Sourced from federal housing data and AffordableHousingOnline.com research.

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