Mount Ephraim, New Jersey Affordable Housing

Affordable Housing programs support 86 income based apartments in Mount Ephraim where households pay rent based on how much they earn.

There are 0 affordable apartments in Mount Ephraim that offer reduced rents to low-income households.

Waiting Lists in Mount Ephraim, New Jersey

There is one Section 8 Housing Choice Voucher waiting list open in Mount Ephraim.

Go to the New Jersey Section 8 Waiting Lists page for more openings near Mount Ephraim.

Mount Ephraim Senior Housing

1242 W Kings Hwy
Mount Ephraim, New Jersey
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Mount Ephraim House

406 Bell Rd
Mount Ephraim, New Jersey
Rent Assisted
62+
Accessible
Elderly Supportive Housing
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Affordable Housing Near Mount Ephraim

View affordable apartments and waiting lists in cities near Mount Ephraim

City Apartments
Camden, NJ Affordable Housing programs support 75 apartment communities in Camden.
Cherry Hill, NJ Affordable Housing programs support 9 apartment communities in Cherry Hill.
Pennsauken Township, NJ Affordable Housing programs support 5 apartment communities in Pennsauken Township.
Voorhees, NJ Affordable Housing programs support 4 apartment communities in Voorhees.
Blackwood, NJ Affordable Housing programs support 3 apartment communities in Blackwood.

Public Housing Agencies Serving Mount Ephraim, 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)
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Mount Ephraim.

Mount Ephraim, New Jersey Affordable Housing Data

Income Based Apartments in Mount Ephraim, New Jersey

Mount Ephraim features 86 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 Mount Ephraim, New Jersey

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

Housing Choice Vouchers in Mount Ephraim, New Jersey

On average, Section 8 Housing Choice vouchers pay Mount Ephraim landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mount Ephraim.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Ephraim, New Jersey for a two-bedroom apartment is between $1,323 and $1,617.

2023 Mount Ephraim, 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
Mount Ephraim, New Jersey Fair Market Rent $1,081 $1,218 $1,470 $1,789 $2,079
Mount Ephraim, New Jersey Payment Standard Range $973 to $1,189 $1,096 to $1,340 $1,323 to $1,617 $1,610 to $1,968 $1,871 to $2,287

Sourced from federal housing data and AffordableHousingOnline.com research.

Mount Ephraim, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 86
Total Housing Units with Rental Assistance 86
Percentage of Housing Units Occupied By Renters 21.06%
Average Renter Household Size 2.32
Average Household Size 2.64
Median Household Income $61,715 ±$6,909
Median Rent $946 ±$68
Percentage Of Renters Overburdened 64.59% ± 18.12pp
Total Population 4,646

Population and Household Demographics

Mount Ephraim is a city in Camden County, New Jersey with a population of 4,646. There are 1,757 households in the city with an average household size of 2.64 persons. 21.06% of households in Mount Ephraim are renters.

Income and Rent Overburden in Mount Ephraim

The median gross income for households in Mount Ephraim is $61,715 a year, or $5,143 a month. The median rent for the city is $946 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mount Ephraim, a household making less than $3,153 a month would be considered overburdened when renting an apartment at or above the median rent. 64.59% of households who rent are overburdened in Mount Ephraim.

Area Median Income In Mount Ephraim

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Mount Ephraim, the AMI is calculated from all households within Camden County.

In Mount Ephraim, HUD calculates the Area Median Income for a family of four as $105,400

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 Mount Ephraim

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 Mount Ephraim

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 Mount Ephraim AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,150 $25,300 $28,450 $31,600 $34,150 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Mount Ephraim AMI may qualify for rental assistance programs that target Very Low Income households.
$36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
80% AMI Income Limits
Renters earning up to 80% of the Mount Ephraim AMI may qualify for rental assistance programs that target Low Income households.
$59,050 $67,450 $75,900 $84,300 $91,050 $97,800 $104,550 $111,300