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

Discover affordable housing in Bayonne where there are 11+ 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.

Platty Kill Manor

22 E 12th St, Bayonne, New Jersey 07002

Post Road Gardens

537 Avenue A., Bayonne, New Jersey 07002

Bayonne Transit

732 Avenue E, Bayonne, New Jersey 07002

Back Bay Gardens

535 Avenue A, Bayonne, New Jersey 07002

Senior Horizons at Bayonne 623

74 Lexington Ave, Bayonne, New Jersey 07002

Bayonne Senior Residence 614

44 W 32nd St, Bayonne, New Jersey 07002

Tagliareni Plaza

732 Avenue E, Bayonne, New Jersey 07002

Hook Village Kvk Annex

159 W 2nd St, Bayonne, New Jersey 07002

Hook Village Kvk Annex

24 E 21st St, Bayonne, New Jersey 07002

Home Rental Housing Production

65 E 25th St, Bayonne, New Jersey 07002

Bayonne Family Ymca

259 Avenue E, Bayonne, New Jersey 07002

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

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

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

How many renters live in Bayonne, New Jersey?

The City of Bayonne has 69,527 people living in 28,393 households.

There are 43,145 renters living in 17,730 renter households in this City. Renters make up 62.06 percent of the population living in Bayonne.

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

There are an estimated 29,180 housing units in the Bayonne area. Of these, 17,471 units are rental homes, making up 60 percent of the housing market. For every renter household in Bayonne, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Bayonne?

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

Occupied Rental Units by Size in Bayonne
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
947 4,626 6,283 4,097 349
Occupied Rental Units by Size in Bayonne

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

Among renter households in this market, 41 percent have housing cost burden. Further, 21 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 Bayonne

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 Bayonne, New Jersey

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

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 644 68 percent
One BR 3,480 75 percent
Two BR 3,169 50 percent
Rental Units Below FMR in Bayonne, New Jersey

How many affordable rental units are in Bayonne?

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

Federal Program Unit Count
Low Income Housing Tax Credit 248
Public Housing 1,268
Section 8 Project-Based Rental Assistance 396
Tracked Units by Federal Program in Bayonne, New Jersey

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

Income Based Apartments in Bayonne, New Jersey

Bayonne features 1,664 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 Bayonne, New Jersey

There are 286 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bayonne.

Housing Choice Vouchers in Bayonne, New Jersey

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.