Affordable Housing In Bergen County
72 Low Income Apartment Communities In Bergen County
Housing Authorities that serve Bergen County
|Housing Authority of Bergen County||Section 8 Housing Choice Voucher (HCV); Public Housing|
|State of New Jersey Department of Community Affairs||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Bergen County
|Housing Authority of the Borough of Lodi||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Hackensack Housing Authority||Public Housing|
|Garfield Housing Authority||Public Housing|
|Englewood Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Cliffside Park Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Fort Lee Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Edgewater Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Bergen County, New Jersey
There are 72 low income housing apartment communities offering 5,577 affordable apartments for rent in Bergen County, New Jersey. Bergen County features 4,431 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 942 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Bergen County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Bergen County, NJ Affordable Housing Snapshot
|Total Affordable Apartment Properties||72|
|Total Low Income Apartments||5,577|
|Total Housing Units with Rental Assistance||4,431|
|Percentage of Housing Units Occupied By Renters||35.18%|
|Average Renter Household Size||2.39|
|Average Household Size||2.73|
|Median Household Income||$85,806 ±$994|
|Median Rent||$1,348 ±$12|
|Percentage Of Renters Overburdened||47.51% ± 1.33pp|
Population and Household Demographics
Bergen County is a County in New Jersey with a population of 926,330. There are 335,550 households in the county with an average household size of 2.73 persons. 35.18% of households in Bergen County are renters.
Income and Rent Overburden in Bergen County
The median gross income for households in Bergen County is $85,806 a year, or $7,151 a month. The median rent for the county is $1,348 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bergen County, a household making less than $4,493 a month would be considered overburdened when renting an apartment at or above the median rent. 47.51% of households who rent are overburdened in Bergen County.1
Area Median Income In Bergen County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Bergen County, HUD calculates the Area Median Income for a family of four as $106,600
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Bergen County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for Bergen County HUD Rental Assistance in Bergen County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$22,400||$25,600||$28,800||$32,000||$34,600||$37,150||$39,700||$43,430|
|50% of Median||$37,350||$42,650||$48,000||$53,300||$57,600||$61,850||$66,100||$70,400|
|80% of Median||$52,850||$60,400||$67,950||$75,500||$81,550||$87,600||$93,650||$99,700|
Fair Market Rents in Bergen County
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2020 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|
Cities In Bergen County
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