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

Discover affordable housing in Mercer County where there are 99+ 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.

Heritage Village at Lawrence

1970 Brunswick Avenue, Lawrenceville, New Jersey 08648

Gardens at Birmingham

4000 Birmingham Crescent, Trenton, New Jersey 08628

Eggerts Crossing

175 Johnson Trolley Line, Lawrenceville, New Jersey 08648

Trent Center West

465 Greenwood Ave, Trenton, New Jersey 08609

Trent Center East

511 Greenwood Ave, Trenton, New Jersey 08609

South Village I

312 Lalor St, Trenton, New Jersey 08611

Birchwood at Hopewell

725 Denow Rd, Pennington, New Jersey 08534

Patriot Village

360 Pennington Ave, Trenton, New Jersey 08618

South Village II

28 Stokely Avenue, Trenton, New Jersey 08611

Wheaton Pointe at East Windsor

20 Lanning Blvd, East Windsor, New Jersey 08520

The Gables at West Windsor

996 Alexander Rd, Princeton Junction, New Jersey 8550

Cathedral Square Housing

26 Hanover Pl, Trenton, New Jersey 08608

Cityside Apartments I

179 Brunswick Ave, Trenton, New Jersey 08618

Cityside Apartments II

209 Perry St, Trenton, New Jersey 08618

Trenton Consumer Home

935 Bellevue Ave, Trenton, New Jersey 08618

St James Village

719 Saint James Pl, East Windsor, New Jersey 08520

Oakland Park Apartments

224 Coolidge Ave, Trenton, New Jersey 08618

Ewing Supervised Apartments

105 Buttonwood Dr, Ewing, New Jersey 08638

Bellevue Plaza Apartments

447 Bellevue Ave, Trenton, New Jersey 08618

Alvin E Gershen Apartments Aka Pond Run II

1655 Klockner Rd, Trenton, New Jersey 08619

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mercer County, New Jersey
$37.84/hour
$24.11 (+176%) more than New Jersey minimum wage and $30.59 (+422%) more than the Federal minimum wage.
Learn More About Mercer County, New Jersey Affordable Housing ↓

What HUD offices serve Mercer 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 Mercer County, New Jersey.

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

How many renters live in Mercer County, New Jersey?

The County of Mercer County has 380,688 people living in 144,989 households.

There are 119,564 renters living in 52,598 renter households in this County. Renters make up 31.41 percent of the population living in Mercer County.

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

There are an estimated 150,035 housing units in the Mercer County area. Of these, 53,789 units are rental homes, making up 36 percent of the housing market. For every renter household in Mercer County, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Mercer County?

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

Occupied Rental Units by Size in Mercer County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,826 18,211 20,284 7,274 3,367
Occupied Rental Units by Size in Mercer County

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

Among renter households in this market, 51 percent have housing cost burden. Further, 27 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 Mercer County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,354 to $2,661. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,354
One BR $1,550
Two BR $1,998
Three BR $2,416
Four BR $2,661
2024 Fair Market Rents in Mercer County, New Jersey

How many units are rented at Fair Market Rent (FMR) in Mercer 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 1,849 65 percent
One BR 12,610 69 percent
Two BR 8,765 43 percent
Rental Units Below FMR in Mercer County, New Jersey

How many affordable rental units are in Mercer County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4,761
Public Housing 1,595
Section 8 Project-Based Rental Assistance 3,419
Mod Rehab Project-Based Rental Assistance 2
Section 236 Rental Assistance 434
Section 202 Supportive Housing for the Elderly 236
Section 811 Supportive Housing for Persons with Disabilities 41
Tracked Units by Federal Program in Mercer County, New Jersey

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

Income Based Apartments in Mercer County, New Jersey

Mercer County features 7,997 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 Mercer County, New Jersey

There are 2,072 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mercer County.

Housing Choice Vouchers in Mercer County, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mercer County, New Jersey for a two-bedroom apartment is between $1,798 and $2,198.

Sourced from federal housing data and AffordableHousingOnline.com research.