Low Income Apartments and Affordable Housing For Rent in Lodi, NJ

Discover affordable housing in Lodi where there are 1+ 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.

De Vries Park

200 Union St, Lodi, New Jersey 07644

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lodi, New Jersey
$35.83/hour
$22.10 (+161%) more than New Jersey minimum wage and $28.58 (+394%) more than the Federal minimum wage.
Learn More About Lodi, New Jersey Affordable Housing ↓

What HUD offices serve Lodi, 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 Lodi, New Jersey.

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

How many renters live in Lodi, New Jersey?

The City of Lodi has 25,969 people living in 9,279 households.

There are 13,006 renters living in 5,167 renter households in this City. Renters make up 50.08 percent of the population living in Lodi.

What is the rental market like in Lodi, New Jersey?

There are an estimated 9,826 housing units in the Lodi area. Of these, 5,281 units are rental homes, making up 54 percent of the housing market. For every renter household in Lodi, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Lodi?

The rental vacancy rate in Lodi is 1 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 Lodi for each bedroom size?

Occupied Rental Units by Size in Lodi
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
117 2,287 1,842 707 142
Occupied Rental Units by Size in Lodi

A large number of apartments in Lodi 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 Lodi are overburdened by housing costs?

Among renter households in this market, 49 percent have housing cost burden. Further, 21 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 Lodi

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 Lodi, New Jersey

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

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 94 80 percent
One BR 1,307 57 percent
Two BR 525 29 percent
Rental Units Below FMR in Lodi, New Jersey

How many affordable rental units are in Lodi?

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

Federal Program Unit Count
Low Income Housing Tax Credit 104
Public Housing 220
Tracked Units by Federal Program in Lodi, New Jersey

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

Income Based Apartments in Lodi, New Jersey

Lodi features 220 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 Lodi, New Jersey

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lodi.

Housing Choice Vouchers in Lodi, New Jersey

On average, Section 8 Housing Choice vouchers pay Lodi landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Lodi.

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

Sourced from federal housing data and AffordableHousingOnline.com research.