Affordable Housing In Blackwood
Camden County, New Jersey

3 Low Income Apartment Communities In Blackwood

Quail Ridge Apartments Lp

1350 Little Gloucester Rd
Blackwood, New Jersey
Subsidized

Gloucester Township Senior Campus

405 Woodbury Turnersville Rd
Blackwood, New Jersey

Scenic Falls Affordable Housing 429

228 Washington Ave
Blackwood, New Jersey
  • «
  • 1
  • »

Housing Authorities that serve Blackwood

Housing Authority Programs
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Blackwood, New Jersey

There are 3 low income housing apartment communities offering 254 affordable apartments for rent in Blackwood, New Jersey.

Income Based Apartments in Blackwood, New Jersey

Blackwood features 80 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 Blackwood, New Jersey

There are 174 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blackwood.

Housing Choice Vouchers in Blackwood, New Jersey

On average, Section 8 Housing Choice vouchers pay Blackwood landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Blackwood.

The maximum amount a voucher would pay on behalf of a low-income tenant in Blackwood, New Jersey for a two-bedroom apartment is between $1,134 and $1,386.

2021 Blackwood, New Jersey Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Blackwood, New Jersey Fair Market Rent $900 $1,040 $1,260 $1,567 $1,796
Blackwood, New Jersey Payment Standard Range $810 to $990 $936 to $1,144 $1,134 to $1,386 $1,410 to $1,724 $1,616 to $1,976

Sourced from federal housing data and AffordableHousingOnline.com research.

Blackwood, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 254
Total Housing Units with Rental Assistance 80
Percentage of Housing Units Occupied By Renters 27.95%
Average Renter Household Size 2.82
Average Household Size 2.95
Median Household Income $59,808 ±$14,719
Median Rent $1,107 ±$169
Percentage Of Renters Overburdened 63.27% ± 17.75pp
Total Population 4,662

Population and Household Demographics

Blackwood is a city in Camden County, New Jersey with a population of 4,662. There are 1,578 households in the city with an average household size of 2.95 persons. 27.95% of households in Blackwood are renters.

Income and Rent Overburden in Blackwood

The median gross income for households in Blackwood is $59,808 a year, or $4,984 a month. The median rent for the city is $1,107 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Blackwood, a household making less than $3,690 a month would be considered overburdened when renting an apartment at or above the median rent. 63.27% of households who rent are overburdened in Blackwood.

Area Median Income In Blackwood

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Blackwood, the AMI is calculated from all households within Camden County.

In Blackwood, HUD calculates the Area Median Income for a family of four as $94,500

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 Blackwood

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 HUD Rental Assistance in Blackwood

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Blackwood AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,850 $22,700 $25,550 $28,350 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Blackwood AMI may qualify for rental assistance programs that target Very Low Income households.
$33,100 $37,800 $42,550 $47,250 $51,050 $54,850 $58,600 $62,400
80% AMI Income Limits
Renters earning up to 80% of the Blackwood AMI may qualify for rental assistance programs that target Low Income households.
$52,950 $60,500 $68,050 $75,600 $81,650 $87,700 $93,750 $99,800