Affordable Housing In Cherry Hill
Camden County, New Jersey

8 Low Income Apartment Communities In Cherry Hill

Benedict's Place

206 St. Mary's Drive
Cherry Hill, New Jersey
Income Based
1 BR
62+
Elderly Supportive Housing

Village of Cherry Hill Apartments

350 Mount Carmel Court
Cherry Hill, New Jersey
Income Based
Studio-1 BR
62+
Accessible
Elderly Supportive Housing
Disabled Supportive Housing

Village Apartments of Cherry Hill

212 Lourdes Ct
Cherry Hill, New Jersey
Call For Rent
Studio-1 BR
Accessible
62+
Elderly Supportive Housing

Evans Francis Estates

460 Evesham Road
Cherry Hill, New Jersey
Call For Rent
1-3 BR

Sergi Farms

1700 Abbey Rd
Cherry Hill, New Jersey

Chelton Terrace Urban Renewal Associates

725 Cuthbert Blvd
Cherry Hill, New Jersey

Jewish Federation Apartments

3051 Chapel Ave W
Cherry Hill, New Jersey
Subsidized

Jewish Fed. Campus Apartments 074

1401 Springdale Rd
Cherry Hill, New Jersey
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Housing Authorities that serve Cherry Hill

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

Guide To Affordable Housing in Cherry Hill, New Jersey

There are 8 low income housing apartment communities offering 895 affordable apartments for rent in Cherry Hill, New Jersey.

Income Based Apartments in Cherry Hill, New Jersey

Cherry Hill features 516 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 Cherry Hill, New Jersey

There are 379 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cherry Hill.

Housing Choice Vouchers in Cherry Hill, New Jersey

On average, Section 8 Housing Choice vouchers pay Cherry Hill landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cherry Hill.

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

2021 Cherry Hill, 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
Cherry Hill, New Jersey Fair Market Rent $900 $1,040 $1,260 $1,567 $1,796
Cherry Hill, 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.

Cherry Hill, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 895
Total Housing Units with Rental Assistance 516
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Cherry Hill is a city in Camden County, New Jersey with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Cherry Hill are renters.

Income and Rent Overburden in Cherry Hill

The median gross income for households in Cherry Hill is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Cherry Hill

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 Cherry Hill, the AMI is calculated from all households within Camden County.

In Cherry Hill, 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 Cherry Hill

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 Cherry Hill

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 Cherry Hill 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 Cherry Hill 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 Cherry Hill 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