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Affordable Housing In Monmouth County
New Jersey

103 Low Income Apartment Communities In Monmouth County

Asbury Tower

1701 Ocean Ave
Asbury Park, New Jersey
$844-1,023
Studio-1 BR
Accepts Vouchers

The Willows at Collingwood Park

2 Liron Ln
Farmingdale, New Jersey
Call For Rent
1-3 BR
Accepts Vouchers

Heritage Village at Oakhurst

777 West Park Avenue
Oakhurst, New Jersey
1 BR
55+

Conifer Village at Middletown

100 Beaman Blvd.
Atlantic Highlands, New Jersey
Call For Rent
1-2 BR
Accepts Vouchers

Heritage Village at Manalapan for Adults 55 Plus

216 Woodward Road
Manalapan, New Jersey
1 BR
Accepts Vouchers

Oceanpointe Towers

10 Pavilion Avenue
Long Branch, New Jersey
Call For Rent
1 BR
Subsidized

Heritage Village at Elton Corner

895 Elton Adelphia Rd.
Freehold, New Jersey
1 BR
Accepts Vouchers

The Continental at Freehold

40 Jackson St
Freehold, New Jersey
Accepts Vouchers

The Willows at Glassworks

200 Glassworks Blvd
Cliffwood Beach, New Jersey
Accepts Vouchers

The Willows at Manalapan

48 Wood Ave
Manalapan, New Jersey
Accepts Vouchers

Housing Authorities that serve Monmouth County

Housing Authority Programs
Monmouth County Public Housing Agency Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Monmouth County, New Jersey

There are 103 low income housing apartment communities offering 7,518 affordable apartments for rent in Monmouth County, New Jersey.

Income Based Apartments in Monmouth County, New Jersey

Monmouth County features 5,114 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 Monmouth County, New Jersey

There are 2,129 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monmouth County.

Housing Choice Vouchers in Monmouth County, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Monmouth County, New Jersey for a two-bedroom apartment is between $1,475 and $1,803.

2020 Monmouth 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
Fair Market Rent $1,088 $1,270 $1,639 $2,251 $2,523
Payment Standard Range $979 to $1,197 $1,143 to $1,397 $1,475 to $1,803 $2,026 to $2,476 $2,271 to $2,775

Sourced from federal housing data and AffordableHousingOnline.com research.

Monmouth County, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 103
Total Low Income Apartments 7,518
Total Housing Units with Rental Assistance 5,114
Percentage of Housing Units Occupied By Renters 25.62%
Average Renter Household Size 2.26
Average Household Size 2.67
Median Household Income $85,242 ±$1,177
Median Rent $1,238 ±$17
Percentage Of Renters Overburdened 54.01% ± 1.66pp
Total Population 629,185

Population and Household Demographics

Monmouth County is a county in New Jersey with a population of 629,185. There are 233,105 households in the county with an average household size of 2.67 persons. 25.62% of households in Monmouth County are renters.

Income and Rent Overburden in Monmouth County

The median gross income for households in Monmouth County is $85,242 a year, or $7,104 a month. The median rent for the county is $1,238 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Monmouth County, a household making less than $4,127 a month would be considered overburdened when renting an apartment at or above the median rent. 54.01% of households who rent are overburdened in Monmouth County.

Area Median Income In Monmouth 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 Monmouth County, HUD calculates the Area Median Income for a family of four as $109,400

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 Monmouth 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 Monmouth County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $23,000 $26,250 $29,550 $32,800 $35,450 $38,050 $40,700 $44,120
50% of Median $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250
80% of Median $54,950 $62,800 $70,650 $78,500 $84,800 $91,100 $97,350 $103,650

Cities In Monmouth County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Aberdeen
Allenhurst
Allentown
Allenwood
Asbury Park The HUD funded Public Housing Agencies that serve Asbury Park are the Asbury Park Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Atlantic Highland The HUD funded Public Housing Agencies that serve Atlantic Highland are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Atlantic Highlands The HUD funded Public Housing Agencies that serve Atlantic Highlands are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Avon by the Sea
Avon-by-the-Sea
Belford
Belmar
Bradley Beach
Brielle
Cliffwood Beach
Colts Neck
Deal
East Freehold
Eatontown The HUD funded Public Housing Agencies that serve Eatontown are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Englishtown
Fair Haven
Fairview The HUD funded Public Housing Agencies that serve Fairview are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Farmingdale The HUD funded Public Housing Agencies that serve Farmingdale are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Freehold The HUD funded Public Housing Agencies that serve Freehold are the Freehold Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Freeholdship
Hazlet The HUD funded Public Housing Agencies that serve Hazlet are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Hazletship
Highlands
Holmdel
Howell The HUD funded Public Housing Agencies that serve Howell are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Howell Township The HUD funded Public Housing Agencies that serve Howell Township are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Howellship
Interlaken
Keansburg The HUD funded Public Housing Agencies that serve Keansburg are the Keansburg Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Keyport The HUD funded Public Housing Agencies that serve Keyport are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Lake Como
Leonardo
Lincroft The HUD funded Public Housing Agencies that serve Lincroft are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Little Silver
Loch Arbour
Long Branch The HUD funded Public Housing Agencies that serve Long Branch are the Long Branch Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Manalapan The HUD funded Public Housing Agencies that serve Manalapan are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Manalapanship
Manasquan
Marlboro
Matawan The HUD funded Public Housing Agencies that serve Matawan are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Middletown The HUD funded Public Housing Agencies that serve Middletown are the Middletown Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Middletown Township The HUD funded Public Housing Agencies that serve Middletown Township are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Middletownship
Millstone
Monmouth Beach
Morganville
Navesink
Neptune The HUD funded Public Housing Agencies that serve Neptune are the Neptune Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Neptune City The HUD funded Public Housing Agencies that serve Neptune City are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Neptune Township The HUD funded Public Housing Agencies that serve Neptune Township are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Neptuneship
North Middletown
Oakhurst The HUD funded Public Housing Agencies that serve Oakhurst are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Ocean The HUD funded Public Housing Agencies that serve Ocean are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Ocean Grove
Oceanport The HUD funded Public Housing Agencies that serve Oceanport are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Oceanship
Port Monmouth The HUD funded Public Housing Agencies that serve Port Monmouth are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Ramtown
Red Bank The HUD funded Public Housing Agencies that serve Red Bank are the Red Bank Housing Authority, Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Robertsville
Roosevelt The HUD funded Public Housing Agencies that serve Roosevelt are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Rumson
Sea Bright
Sea Girt
Shark River Hills
Shrewsbury The HUD funded Public Housing Agencies that serve Shrewsbury are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Shrewsburyship
Spring Lake
Spring Lake Heights
Strathmore
Tinton Falls The HUD funded Public Housing Agencies that serve Tinton Falls are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Union Beach
Upper Freehold
Wall The HUD funded Public Housing Agencies that serve Wall are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Wallship
Wanamassa
West Belmar
West Freehold
West Long Branch The HUD funded Public Housing Agencies that serve West Long Branch are the Monmouth County Public Housing Agency and State of New Jersey Department of Community Affairs.
Yorketown