What HUD offices serve Burlington 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.
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Burlington County.
How many renters live in Burlington County, New Jersey?
The County of Burlington County has people living in households.
There are renters living in renter households in this County. Renters make up 18.79 percent of the population living in Burlington County.
What is the rental market like in Burlington County, New Jersey?
There are an estimated housing units in the Burlington County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Burlington County, New Jersey, there are 1.05 rental units.
What is the vacancy rate for rentals in Burlington County?
The rental vacancy rate in Burlington 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 Burlington County for each bedroom size?
Occupied Rental Units by Size in Burlington County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 2,345 14,758 13,648 8,270 1,653 Occupied Rental Units by Size in Burlington County
A large number of apartments in Burlington 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 Burlington County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,303 One BR $1,451 Two BR $1,737 Three BR $2,100 Four BR $2,422 2024 Fair Market Rents in Burlington County, New Jersey
How many units are rented at Fair Market Rent (FMR) in Burlington 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 Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 1,196 51 percent One BR 10,070 68 percent Two BR 5,572 41 percent Rental Units Below FMR in Burlington County, New Jersey
How many affordable rental units are in Burlington County?
There are a variety of federal affordable housing programs serving households in
Burlington County, New Jersey including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing USDA Section 514 Farm Labor Housing Tracked Units by Federal Program in Burlington County, New Jersey
Income Based Apartments in Burlington County, New Jersey
Burlington County features 846 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 Burlington County, New Jersey
There are 2,798 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Burlington County.
Housing Choice Vouchers in Burlington County, New Jersey
On average, Section 8 Housing Choice vouchers pay Burlington County landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Burlington County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Burlington County, New Jersey for a two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.com research.