Affordable Housing In Paterson
Passaic County, New Jersey

45 Low Income Apartment Communities In Paterson

Rising Dove Senior Apartments

72 Carroll St
Paterson, New Jersey
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Freedom Village

69 Straight Street
Paterson, New Jersey
$1098
1 BR
55+
62+

Sams Place 561

446 E 19th St
Paterson, New Jersey
Call For Rent
2-3 BR

Straight and Narrow Apartments

394 Straight St
Paterson, New Jersey
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Federation Apartments

510 E 27th St
Paterson, New Jersey

Christopher Columbus Homes

60 Temple St
Paterson, New Jersey

Triangle Village

85 Paterson St
Paterson, New Jersey
Subsidized

Riese Madison Park

70 Dey St
Paterson, New Jersey
Subsidized

Gov Paterson Towers II

195 20th Ave
Paterson, New Jersey
Subsidized
62+
Accessible
Elderly Supportive Housing

Aspen Hamilton Apartments

280 12th Ave
Paterson, New Jersey
Subsidized

Section 8 Vouchers, Apartments, and Waiting Lists in Paterson, 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 Paterson, New Jersey

Housing Authority Programs
Housing Authority of the City of Paterson Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of the City of Paterson Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)
Passaic County Public Housing Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Paterson, New Jersey

There are 45 low income housing apartment communities offering 4,164 affordable apartments for rent in Paterson, New Jersey.

Income Based Apartments in Paterson, New Jersey

Paterson features 3,221 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 Paterson, New Jersey

There are 943 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Paterson.

Housing Choice Vouchers in Paterson, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Paterson, New Jersey for a two-bedroom apartment is between $1,562 and $1,910.

2022 Paterson, 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
Paterson, New Jersey Fair Market Rent $1,237 $1,481 $1,736 $2,159 $2,691
Paterson, New Jersey Payment Standard Range $1,113 to $1,361 $1,333 to $1,629 $1,562 to $1,910 $1,943 to $2,375 $2,422 to $2,960

Sourced from federal housing data and AffordableHousingOnline.com research.

Paterson, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 45
Total Low Income Apartments 4,164
Total Housing Units with Rental Assistance 3,221
Percentage of Housing Units Occupied By Renters 73.49%
Average Renter Household Size 3.19
Average Household Size 3.36
Median Household Income $32,915 ±$1,388
Median Rent $1,112 ±$14
Percentage Of Renters Overburdened 62.24% ± 2.23pp
Total Population 146,987

Population and Household Demographics

Paterson is a city in Passaic County, New Jersey with a population of 146,987. There are 43,037 households in the city with an average household size of 3.36 persons. 73.49% of households in Paterson are renters.

Income and Rent Overburden in Paterson

The median gross income for households in Paterson is $32,915 a year, or $2,743 a month. The median rent for the city is $1,112 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Paterson, a household making less than $3,707 a month would be considered overburdened when renting an apartment at or above the median rent. 62.24% of households who rent are overburdened in Paterson.

Area Median Income In Paterson

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 Paterson, the AMI is calculated from all households within Passaic County.

In Paterson, HUD calculates the Area Median Income for a family of four as $113,200

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 Paterson

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 Paterson

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 Paterson AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,000 $26,250 $29,550 $32,800 $35,450 $38,050 $40,700 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Paterson AMI may qualify for rental assistance programs that target Very Low Income households.
$38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250
80% AMI Income Limits
Renters earning up to 80% of the Paterson AMI may qualify for rental assistance programs that target Low Income households.
$57,700 $65,950 $74,200 $82,400 $89,000 $95,600 $102,200 $108,800