Hudson County, New Jersey Affordable Housing
Affordable Housing programs support 16,487 income based apartments in Hudson County where households pay rent based on how much they earn.
There are 3,014 affordable apartments in Hudson County that offer reduced rents to low-income households.
Waiting Lists in Hudson County, New Jersey
There are no open Section 8 Housing Choice Voucher waiting lists in Hudson County. Go to the New Jersey Section 8 Waiting Lists page for openings near Hudson County.
Terrace Apartments
Affordable Housing In Hudson County
View affordable apartments and waiting lists in cities near Hudson County
| City | Apartments |
|---|---|
| Jersey City, NJ | Affordable Housing programs support 92 apartment communities in Jersey City. |
| Hoboken, NJ | Affordable Housing programs support 18 apartment communities in Hoboken. |
| Union City, NJ | Affordable Housing programs support 13 apartment communities in Union City. |
| North Bergen, NJ | Affordable Housing programs support 12 apartment communities in North Bergen. |
| Bayonne, NJ | Affordable Housing programs support 11 apartment communities in Bayonne. |
Public Housing Agencies Serving Hudson 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.
| Housing Authority | Programs |
|---|---|
| State of New Jersey Department of Community Affairs | Section 8 Housing Choice Voucher (HCV) |
Hudson County, New Jersey Affordable Housing Data
Income Based Apartments in Hudson County, New Jersey
Hudson County features 16,487 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 Hudson County, New Jersey
There are 3,014 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hudson County.
Housing Choice Vouchers in Hudson County, New Jersey
On average, Section 8 Housing Choice vouchers pay Hudson County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Hudson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hudson County, New Jersey for a two-bedroom apartment is between $1,879 and $2,297.
2023 Hudson County, 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 | |
|---|---|---|---|---|---|
| Hudson County, New Jersey Fair Market Rent | $1,765 | $1,821 | $2,088 | $2,578 | $2,805 |
| Hudson County, New Jersey Payment Standard Range | $1,589 to $1,942 | $1,639 to $2,003 | $1,879 to $2,297 | $2,320 to $2,836 | $2,525 to $3,086 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Hudson County, NJ Affordable Housing Snapshot
| Total Affordable Apartment Properties | 173 |
|---|---|
| Total Low Income Apartments | 19,916 |
| Total Housing Units with Rental Assistance | 16,487 |
| Percentage of Housing Units Occupied By Renters | 68.71% |
| Average Renter Household Size | 2.57 |
| Average Household Size | 2.63 |
| Median Household Income | $59,741 ±$1,178 |
| Median Rent | $1,214 ±$10 |
| Percentage Of Renters Overburdened | 45.92% ± 1.03pp |
| Total Population | 662,619 |
Population and Household Demographics
Hudson County is a county in New Jersey with a population of 662,619. There are 249,584 households in the county with an average household size of 2.63 persons. 68.71% of households in Hudson County are renters.
Income and Rent Overburden in Hudson County
The median gross income for households in Hudson County is $59,741 a year, or $4,978 a month. The median rent for the county is $1,214 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hudson County, a household making less than $4,047 a month would be considered overburdened when renting an apartment at or above the median rent. 45.92% of households who rent are overburdened in Hudson County.
Area Median Income In Hudson County
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.
In Hudson County, HUD calculates the Area Median Income for a family of four as $93,800
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 Hudson County
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 Hudson County
| 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 Hudson County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,150 | $27,600 | $31,050 | $34,450 | $37,250 | $40,000 | $42,750 | $46,630 |
| 50% AMI Income Limits Renters earning up to 50% of the Hudson County AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,250 | $46,000 | $51,750 | $57,450 | $62,050 | $66,650 | $71,250 | $75,850 |
| 80% AMI Income Limits Renters earning up to 80% of the Hudson County AMI may qualify for rental assistance programs that target Low Income households. |
$64,350 | $73,550 | $82,750 | $91,900 | $99,300 | $106,650 | $114,000 | $121,350 |
© 2002-2023 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.
