What HUD offices serve Mullica Hill, 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.
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Mullica Hill.
How many renters live in Mullica Hill, New Jersey?
The City of Mullica Hill has people living in households.
There are renters living in renter households in this City. Renters make up 8.42 percent of the population living in Mullica Hill.
What is the rental market like in Mullica Hill, New Jersey?
There are an estimated housing units in the Mullica Hill area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mullica Hill, New Jersey, there are 1 rental units.
What is the vacancy rate for rentals in Mullica Hill?
The rental vacancy rate in Mullica Hill is 0 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 Mullica Hill for each bedroom size?
Occupied Rental Units by Size in Mullica Hill
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
11 | 74 | 29 | 69 | 0 |
Occupied Rental Units by Size in Mullica Hill
A large number of apartments in Mullica Hill have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Mullica Hill
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,303 |
One BR | $1,451 |
Two BR | $1,737 |
Three BR | $2,100 |
Four BR | $2,422 |
2024 Fair Market Rents in Mullica Hill, New Jersey
How many units are rented at Fair Market Rent (FMR) in Mullica Hill?
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 | 11 | 100 percent |
One BR | 71 | 96 percent |
Two BR | 29 | 100 percent |
Rental Units Below FMR in Mullica Hill, New Jersey
How many affordable rental units are in Mullica Hill?
There are a variety of federal affordable housing programs serving households in Mullica Hill, New Jersey including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Mullica Hill, New Jersey
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mullica Hill, New Jersey
Mullica Hill features 168 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 Mullica Hill, New Jersey
There are 94 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mullica Hill.
Housing Choice Vouchers in Mullica Hill, New Jersey
On average, Section 8 Housing Choice vouchers pay Mullica Hill landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Mullica Hill.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mullica Hill, New Jersey for a two-bedroom apartment is between $1,563 and $1,911.
Sourced from federal housing data and AffordableHousingOnline.com research.