Low Income Apartments and Affordable Housing For Rent in Fort Lee, NJ

Discover affordable housing in Fort Lee where there are 5+ 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.

Mediterranean House

505 North Ave, Fort Lee, New Jersey 07024

Malcolm Towers

475 Main St, Fort Lee, New Jersey 07024

Liberty Place At Fort Lee

101 Cedar St , Fort Lee, New Jersey 07024

Harry J. Holtje House

1403 Teresa Dr, Fort Lee, New Jersey 07024

Penrose Properties

Kaufers Ln, Fort Lee, New Jersey 7024

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Fort Lee, New Jersey

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fort Lee, New Jersey
$22.10 (+161%) more than New Jersey minimum wage and $28.58 (+394%) more than the Federal minimum wage.
Learn More About Fort Lee, New Jersey Affordable Housing ↓

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

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

How many renters live in Fort Lee, New Jersey?

The City of Fort Lee has people living in households.

There are renters living in renter households in this City. Renters make up 43.63 percent of the population living in Fort Lee.

What is the rental market like in Fort Lee, New Jersey?

There are an estimated housing units in the Fort Lee area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fort Lee, New Jersey, there are 1.09 rental units.

What is the vacancy rate for rentals in Fort Lee?

The rental vacancy rate in Fort Lee is 6 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 Fort Lee for each bedroom size?

Occupied Rental Units by Size in Fort Lee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,064 2,875 2,236 1,195 205
Occupied Rental Units by Size in Fort Lee

A large number of apartments in Fort Lee 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 Fort Lee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,400 to $2,946. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,400
One BR $1,645
Two BR $1,892
Three BR $2,342
Four BR $2,946
2024 Fair Market Rents in Fort Lee, New Jersey

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

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 415 39 percent
One BR 913 32 percent
Two BR 156 7 percent
Rental Units Below FMR in Fort Lee, New Jersey

How many affordable rental units are in Fort Lee?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Fort Lee, New Jersey

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

Income Based Apartments in Fort Lee, New Jersey

Fort Lee features 533 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 Fort Lee, New Jersey

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Lee.

Housing Choice Vouchers in Fort Lee, New Jersey

On average, Section 8 Housing Choice vouchers pay Fort Lee landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Fort Lee.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Lee, New Jersey for a two-bedroom apartment is between $1,703 and $2,081.

Sourced from federal housing data and AffordableHousingOnline.com research.