Low Income Apartments and Affordable Housing For Rent in Ocean County, NJ

Discover affordable housing in Ocean County where there are 64+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Eleanor Levovitz Senior Citizens

500 Clifton Ave, Lakewood, New Jersey 08701

Brick Consumer Home

20 London Rd, Brick Township, New Jersey 08723

Lakewood Plaza I

96 Martin Luther King Dr, Lakewood, New Jersey 08701

Harbor View Plaza

334 E Main St, Tuckerton, New Jersey 08087

Freedom Village at Toms River

600 Parents Blvd Toms River, NJ , Toms River, New Jersey 08755

Cornerstone at Waretown

581 Route 9, Waretown, New Jersey 08758

The Willows at Harbor House

320 Radio Road, Little Egg Harbor, New Jersey 08087

Cindy Lane Apartments

16 Cindy Ln., Ocean, New Jersey 07712

Birchwood at Whiting

1110 Route 70, Manchester, New Jersey 08759

The Willows at Toms River

1000 Axl Dr., Toms River, New Jersey 08755

Eagle Crest Apartments

111 Spieth Way , Toms River, New Jersey 08755

Cornerstone at Seaside Heights

314 Bay Blvd, Seaside Heights, New Jersey 08751

Cornerstone at Stafford

120 Campbell Blvd., Manahawkin, New Jersey 08050

Cornerstone at Lacey

900 Gary Smith Way, Forked River, New Jersey 08731

The Ponds at Jackson Twenty-One

100 Mallard Ct, Jackson, New Jersey 08527

Heritage at Whiting

40 Lacey Rd., Whiting, New Jersey 08759

Cornerstone At Barnegat

9 South Main St, Barnegat, New Jersey 08005

Cornerstone at Toms River

2121 Massachusetts Ave., Toms River, New Jersey 08755

Stafford Park

321 Cook Rd, Manahawkin, New Jersey 08050

Whispering Hills Apartments

345 Hawthorne Ln, Barnegat, New Jersey 08005

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ocean County, New Jersey
$36.29/hour
$22.56 (+164%) more than New Jersey minimum wage and $29.04 (+401%) more than the Federal minimum wage.
Learn More About Ocean County, New Jersey Affordable Housing ↓

What HUD offices serve Ocean County, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Ocean County, New Jersey.

Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Ocean County.

How many renters live in Ocean County, New Jersey?

The County of Ocean County has 655,735 people living in 241,983 households.

There are 139,152 renters living in 46,468 renter households in this County. Renters make up 21.22 percent of the population living in Ocean County.

What is the rental market like in Ocean County, New Jersey?

There are an estimated 295,648 housing units in the Ocean County area. Of these, 48,088 units are rental homes, making up 16 percent of the housing market. For every renter household in Ocean County, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Ocean County?

The rental vacancy rate in Ocean County is 3 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 Ocean County for each bedroom size?

Occupied Rental Units by Size in Ocean County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,250 11,079 17,196 9,224 3,465
Occupied Rental Units by Size in Ocean County

A large number of apartments in Ocean County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Ocean County are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 30 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Ocean County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,385 to $2,904. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,385
One BR $1,546
Two BR $1,916
Three BR $2,604
Four BR $2,904
2024 Fair Market Rents in Ocean County, New Jersey

How many units are rented at Fair Market Rent (FMR) in Ocean County?

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 377 30 percent
One BR 7,907 71 percent
Two BR 6,812 40 percent
Rental Units Below FMR in Ocean County, New Jersey

How many affordable rental units are in Ocean County?

There are a variety of federal affordable housing programs serving households in Ocean County, New Jersey including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 4,061
Section 8 Project-Based Rental Assistance 848
Mod Rehab Project-Based Rental Assistance 8
Section 202 Supportive Housing for the Elderly 251
Section 811 Supportive Housing for Persons with Disabilities 42
USDA Section 515 Rural Rental Housing 236
Tracked Units by Federal Program in Ocean County, New Jersey

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Ocean County, New Jersey

Ocean County features 1,737 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 Ocean County, New Jersey

There are 3,093 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ocean County.

Housing Choice Vouchers in Ocean County, New Jersey

On average, Section 8 Housing Choice vouchers pay Ocean County landlords $1,200 per month towards rent. The average voucher holder contributes $600 towards rent in Ocean County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ocean County, New Jersey for a two-bedroom apartment is between $1,724 and $2,108.

Sourced from federal housing data and AffordableHousingOnline.com research.