Low Income Apartments and Affordable Housing For Rent in Gloucester County, NJ

Discover affordable housing in Gloucester County where there are 46+ 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.

calendar_today Opened: Dec 3
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gloucester County, New Jersey
$32.90/hour
$19.17 (+140%) more than New Jersey minimum wage and $25.65 (+354%) more than the Federal minimum wage.
Learn More About Gloucester County, New Jersey Affordable Housing ↓

What HUD offices serve Gloucester 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Gloucester County, New Jersey.

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

How many renters live in Gloucester County, New Jersey?

The County of Gloucester County has 306,601 people living in 111,781 households.

There are 48,562 renters living in 21,426 renter households in this County. Renters make up 15.84 percent of the population living in Gloucester County.

What is the rental market like in Gloucester County, New Jersey?

There are an estimated 117,041 housing units in the Gloucester County area. Of these, 23,380 units are rental homes, making up 20 percent of the housing market. For every renter household in Gloucester County, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Gloucester County?

The rental vacancy rate in Gloucester 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 Gloucester County for each bedroom size?

Occupied Rental Units by Size in Gloucester County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
744 6,690 9,086 4,211 1,100
Occupied Rental Units by Size in Gloucester County

A large number of apartments in Gloucester County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Gloucester County are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Gloucester 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 Gloucester County, New Jersey

How many units are rented at Fair Market Rent (FMR) in Gloucester 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 552 74 percent
One BR 5,067 76 percent
Two BR 4,336 48 percent
Rental Units Below FMR in Gloucester County, New Jersey

How many affordable rental units are in Gloucester County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,935
Public Housing 262
Section 8 Project-Based Rental Assistance 1,078
Mod Rehab Project-Based Rental Assistance 7
Section 202 Supportive Housing for the Elderly 134
Section 811 Supportive Housing for Persons with Disabilities 3
USDA Section 515 Rural Rental Housing 421
Tracked Units by Federal Program in Gloucester County, New Jersey

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

Income Based Apartments in Gloucester County, New Jersey

Gloucester County features 1,714 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 Gloucester County, New Jersey

There are 1,329 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gloucester County.

Housing Choice Vouchers in Gloucester County, New Jersey

On average, Section 8 Housing Choice vouchers pay Gloucester County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Gloucester County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gloucester County, New Jersey for a two-bedroom apartment is between $1,563 and $1,911.

Sourced from federal housing data and AffordableHousingOnline.com research.