Newark, New Jersey Affordable Housing
Waiting Lists in Newark, New Jersey
There are no open Section 8 Housing Choice Voucher waiting lists in Newark. Go to the New Jersey Section 8 Waiting Lists page for openings near Newark.
Finding Affordable Housing in Newark, New Jersey
There are 5,486 low-income apartments in Newark that offer reduced rents to eligible households. Low-income rents in Newark, New Jersey can range from $805 to $1,355 depending on the number of bedrooms.
Rental assistance programs support 15,907 low-income homes in Newark where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $426 towards rent each month.
Affordable Housing Near Newark
View affordable apartments and waiting lists in cities near Newark
| City | Apartments |
|---|---|
| East Orange, NJ | Affordable Housing programs support 33 apartment communities in East Orange. |
| City of Orange, NJ | Affordable Housing programs support 25 apartment communities in City of Orange. |
| Irvington, NJ | Affordable Housing programs support 17 apartment communities in Irvington. |
| West Orange, NJ | Affordable Housing programs support 7 apartment communities in West Orange. |
| Montclair, NJ | Affordable Housing programs support 5 apartment communities in Montclair. |
Public Housing Agencies Serving Newark, 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.
Waiting lists for project-based assistance, like the Public Housing program, are open:
- Newark Housing Authority Senior and Disabled Public Housing is currently open for new applications.
| Housing Authority | Programs |
|---|---|
| Newark Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
| State of New Jersey Department of Community Affairs | Section 8 Housing Choice Voucher (HCV) |
Newark, New Jersey Affordable Housing Data
Income Based Apartments in Newark, New Jersey
Newark features 15,907 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 Newark, New Jersey
There are 5,486 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newark.
Housing Choice Vouchers in Newark, New Jersey
On average, Section 8 Housing Choice vouchers pay Newark landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Newark.
The maximum amount a voucher would pay on behalf of a low-income tenant in Newark, New Jersey for a two-bedroom apartment is between $1,445 and $1,767.
2023 Newark, 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 | |
|---|---|---|---|---|---|
| Newark, New Jersey Fair Market Rent | $1,129 | $1,338 | $1,606 | $2,038 | $2,394 |
| Newark, New Jersey Payment Standard Range | $1,016 to $1,242 | $1,204 to $1,472 | $1,445 to $1,767 | $1,834 to $2,242 | $2,155 to $2,633 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Newark, NJ Affordable Housing Snapshot
| Total Affordable Apartment Properties | 182 |
|---|---|
| Total Low Income Apartments | 21,486 |
| Total Housing Units with Rental Assistance | 15,907 |
| Percentage of Housing Units Occupied By Renters | 78.33% |
| Average Renter Household Size | 2.75 |
| Average Household Size | 2.87 |
| Median Household Income | $33,139 ±$917 |
| Median Rent | $973 ±$10 |
| Percentage Of Renters Overburdened | 57.34% ± 1.35pp |
| Total Population | 279,793 |
Population and Household Demographics
Newark is a city in Essex County, New Jersey with a population of 279,793. There are 92,675 households in the city with an average household size of 2.87 persons. 78.33% of households in Newark are renters.
Income and Rent Overburden in Newark
The median gross income for households in Newark is $33,139 a year, or $2,762 a month. The median rent for the city is $973 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Newark, a household making less than $3,243 a month would be considered overburdened when renting an apartment at or above the median rent. 57.34% of households who rent are overburdened in Newark.
Area Median Income In Newark
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 Newark, the AMI is calculated from all households within Essex County.
In Newark, HUD calculates the Area Median Income for a family of four as $115,000
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 Newark
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 Newark
| 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 Newark AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,150 | $27,600 | $31,050 | $34,500 | $37,300 | $40,050 | $42,800 | $46,630 |
| 50% AMI Income Limits Renters earning up to 50% of the Newark AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,250 | $46,000 | $51,750 | $57,500 | $62,100 | $66,700 | $71,300 | $75,900 |
| 80% AMI Income Limits Renters earning up to 80% of the Newark AMI may qualify for rental assistance programs that target Low Income households. |
$62,600 | $71,550 | $80,500 | $89,400 | $96,600 | $103,750 | $110,900 | $118,050 |
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