Pennsauken Township, New Jersey Affordable Housing

Affordable Housing programs support 548 income based apartments in Pennsauken Township where households pay rent based on how much they earn.

There are 66 affordable apartments in Pennsauken Township that offer reduced rents to low-income households.

Waiting Lists in Pennsauken Township, New Jersey

There is one Section 8 Housing Choice Voucher waiting list open in Pennsauken Township.

Go to the New Jersey Section 8 Waiting Lists page for more openings near Pennsauken Township.

Brittin Village

3911 Federal Street
Pennsauken Township, New Jersey
Call For Rent
1-3 BR
Affordable

Stonegate at St. Stephen

5101 Stonegate Drive
Pennsauken Township, New Jersey
Income Based
1 BR
62+
Elderly Supportive Housing
Accessible
Rent Assisted

Pennsauken Towers

8001 Maple Ave
Pennsauken Township, New Jersey
Rent Assisted

Sycamore Ridge Apartments

3731 Herbert Ave
Pennsauken Township, New Jersey
Rent Assisted

Pennsauken Senior Housing

5610 S Crescent Blvd
Pennsauken Township, New Jersey
Rent Assisted
62+
Accessible
Elderly Supportive Housing
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Affordable Housing Near Pennsauken Township

View affordable apartments and waiting lists in cities near Pennsauken Township

City Apartments
Camden, NJ Affordable Housing programs support 75 apartment communities in Camden.
Cherry Hill, NJ Affordable Housing programs support 9 apartment communities in Cherry Hill.
Voorhees, NJ Affordable Housing programs support 4 apartment communities in Voorhees.
Blackwood, NJ Affordable Housing programs support 3 apartment communities in Blackwood.
Lindenwold, NJ Affordable Housing programs support 3 apartment communities in Lindenwold.

Public Housing Agencies Serving Pennsauken Township, 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.

Housing Authority Programs
Pennsauken Housing Authority Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Pennsauken Township.

Pennsauken Township, New Jersey Affordable Housing Data

Income Based Apartments in Pennsauken Township, New Jersey

Pennsauken Township features 548 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 Pennsauken Township, New Jersey

There are 66 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pennsauken Township.

Housing Choice Vouchers in Pennsauken Township, New Jersey

On average, Section 8 Housing Choice vouchers pay Pennsauken Township landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pennsauken Township.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pennsauken Township, New Jersey for a two-bedroom apartment is between $1,323 and $1,617.

2023 Pennsauken Township, 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
Pennsauken Township, New Jersey Fair Market Rent $1,081 $1,218 $1,470 $1,789 $2,079
Pennsauken Township, New Jersey Payment Standard Range $973 to $1,189 $1,096 to $1,340 $1,323 to $1,617 $1,610 to $1,968 $1,871 to $2,287

Sourced from federal housing data and AffordableHousingOnline.com research.

Pennsauken Township, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 614
Total Housing Units with Rental Assistance 548
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Pennsauken Township is a city in Camden County, New Jersey with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Pennsauken Township are renters.

Income and Rent Overburden in Pennsauken Township

The median gross income for households in Pennsauken Township is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Pennsauken Township

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 Pennsauken Township, the AMI is calculated from all households within Camden County.

In Pennsauken Township, HUD calculates the Area Median Income for a family of four as $105,400

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 Pennsauken Township

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 Pennsauken Township

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 Pennsauken Township AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,150 $25,300 $28,450 $31,600 $34,150 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Pennsauken Township AMI may qualify for rental assistance programs that target Very Low Income households.
$36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
80% AMI Income Limits
Renters earning up to 80% of the Pennsauken Township AMI may qualify for rental assistance programs that target Low Income households.
$59,050 $67,450 $75,900 $84,300 $91,050 $97,800 $104,550 $111,300