Affordable Housing In Newark
Essex County, New Jersey

171 Low Income Apartment Communities In Newark

Lock Street Apartments

10 Nuttman St
Newark, New Jersey
Accepts Vouchers

Bradley Court II

93 Seventh Ave
Newark, New Jersey

Redevelopment

South Ward of Newark
Newark, New Jersey

Seth Boyden Elderly NJ2-21F

46 Evergreen Ave
Newark, New Jersey
Accessible
Accessible
62+

Stephen Crane Elderly NJ2-016

60 Cedar Ln S
Newark, New Jersey
Accessible
Accessible
62+

Stephen Crane Elderly NJ2-22D

801 North 6th Street
Newark, New Jersey
Accessible
Accessible
62+

Norfolk Square Apartments

20 Hartford St
Newark, New Jersey
Subsidized

Court Towers

One Court Street
Newark, New Jersey
Subsidized

Amity Village 5

523 S 14th St
Newark, New Jersey
Subsidized

Aspen Stratford B

29 Stratford Pl
Newark, New Jersey
Subsidized

Housing Authorities that serve Newark

Housing Authority Programs
Newark Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Newark, New Jersey

There are 171 low income housing apartment communities offering 19,713 affordable apartments for rent in Newark, New Jersey.

Income Based Apartments in Newark, New Jersey

Newark features 15,507 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 4,116 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 $1,335 and $1,631.

2020 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
Fair Market Rent $1,034 $1,218 $1,483 $1,891 $2,236
Payment Standard Range $931 to $1,137 $1,096 to $1,340 $1,335 to $1,631 $1,702 to $2,080 $2,012 to $2,460

Sourced from federal housing data and AffordableHousingOnline.com research.

Newark, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 171
Total Low Income Apartments 19,713
Total Housing Units with Rental Assistance 15,507
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.1

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 $100,600

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

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $21,150 $24,200 $27,200 $30,200 $32,650 $35,050 $39,010 $43,430
50% of Median $35,250 $40,250 $45,300 $50,300 $54,350 $58,350 $62,400 $66,400
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700