Affordable Housing In Old Bridge
Middlesex County, New Jersey

7 Low Income Apartment Communities In Old Bridge

Maher Manor Senior Living

2000 State Route 18 North
Old Bridge, New Jersey
62+

Chuck Costello Complex

1998 Route 18 North
Old Bridge, New Jersey
Accessible
Accessible

Community House

124 Bentley Ave
Old Bridge, New Jersey
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Community Options, Middlesex

154 Princeton Rd
Old Bridge, New Jersey
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Old Bridge Rotary Senior Citizens

100 Ticetown Rd
Old Bridge, New Jersey
Subsidized

Carriage Pointe 402

12 Highpointe Way
Old Bridge, New Jersey

Old Bridge Senior Apartments 513

100 Mimi Rd
Old Bridge, New Jersey
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Section 8 Vouchers, Apartments, and Waiting Lists in Old Bridge, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Old Bridge, New Jersey

Housing Authority Programs
Old Bridge Housing Authority Section 8 Housing Choice Voucher (HCV)
Middlesex County Division of Housing and Social Services Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Old Bridge, New Jersey

There are 7 low income housing apartment communities offering 482 affordable apartments for rent in Old Bridge, New Jersey.

Income Based Apartments in Old Bridge, New Jersey

Old Bridge features 216 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 Old Bridge, New Jersey

There are 266 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Old Bridge.

Housing Choice Vouchers in Old Bridge, New Jersey

On average, Section 8 Housing Choice vouchers pay Old Bridge landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Old Bridge.

The maximum amount a voucher would pay on behalf of a low-income tenant in Old Bridge, New Jersey for a two-bedroom apartment is between $1,666 and $2,036.

2022 Old Bridge, 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
Old Bridge, New Jersey Fair Market Rent $1,275 $1,455 $1,851 $2,288 $2,547
Old Bridge, New Jersey Payment Standard Range $1,148 to $1,403 $1,310 to $1,601 $1,666 to $2,036 $2,059 to $2,517 $2,292 to $2,802

Sourced from federal housing data and AffordableHousingOnline.com research.

Old Bridge, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 482
Total Housing Units with Rental Assistance 216
Percentage of Housing Units Occupied By Renters 16.42%
Average Renter Household Size 1.95
Average Household Size 3.03
Median Household Income $99,422 ±$6,145
Median Rent $978 ±$107
Percentage Of Renters Overburdened 59.24% ± 11.62pp
Total Population 23,550

Population and Household Demographics

Old Bridge is a city in Middlesex County, New Jersey with a population of 23,550. There are 7,711 households in the city with an average household size of 3.03 persons. 16.42% of households in Old Bridge are renters.

Income and Rent Overburden in Old Bridge

The median gross income for households in Old Bridge is $99,422 a year, or $8,285 a month. The median rent for the city is $978 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Old Bridge, a household making less than $3,260 a month would be considered overburdened when renting an apartment at or above the median rent. 59.24% of households who rent are overburdened in Old Bridge.

Area Median Income In Old Bridge

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 Old Bridge, the AMI is calculated from all households within Middlesex County.

In Old Bridge, HUD calculates the Area Median Income for a family of four as $135,600

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 Old Bridge

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 Old Bridge

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 Old Bridge AMI may qualify for rental assistance programs that target Extremely Low Income households.
$28,500 $32,600 $36,650 $40,700 $44,000 $47,250 $50,500 $53,750
50% AMI Income Limits
Renters earning up to 50% of the Old Bridge AMI may qualify for rental assistance programs that target Very Low Income households.
$47,500 $54,250 $61,050 $67,800 $73,250 $78,650 $84,100 $89,500
80% AMI Income Limits
Renters earning up to 80% of the Old Bridge AMI may qualify for rental assistance programs that target Low Income households.
$63,000 $72,000 $81,000 $90,000 $97,200 $104,400 $111,600 $118,800