Low Income Apartments and Affordable Housing For Rent in Pennsville, NJ

Discover affordable housing in Pennsville where there are 6+ 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.

Pennsville Towers

40 Eaton Rd, Pennsville, New Jersey 08070

bed 1
switch_access_shortcut Short Wait

Cspnj Homes 2006

24 Oberlin Rd, Pennsville, New Jersey 08070

accessibility Accessible

Orchard Court Apartments

1000 Carroll Ave, Pennsville, New Jersey 08070

bed Studio
payment $1130/mo.

Sunrise Gardens Apartments

20 Fort Sumpter Rd, Pennsville, New Jersey 08070

bed 1
payment $1195/mo.

46 Main St

46 Main St, Pennsville, New Jersey 08070

bed 3
payment $1600/mo.

Kent Street Senior Apartments

11 Kent Ave, Pennsville, New Jersey 08070

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Pennsville, New Jersey

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pennsville, New Jersey
$32.90/hour
$19.17 (+140%) more than New Jersey minimum wage and $25.65 (+354%) more than the Federal minimum wage.
Learn More About Pennsville, New Jersey Affordable Housing ↓

What HUD offices serve Pennsville, 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), Public Housing programs for Pennsville, New Jersey.

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

How many renters live in Pennsville, New Jersey?

The City of Pennsville has people living in households.

There are renters living in renter households in this City. Renters make up 17.09 percent of the population living in Pennsville.

What is the rental market like in Pennsville, New Jersey?

There are an estimated housing units in the Pennsville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pennsville, New Jersey, there are 1.03 rental units.

What is the vacancy rate for rentals in Pennsville?

The rental vacancy rate in Pennsville 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 Pennsville for each bedroom size?

Occupied Rental Units by Size in Pennsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
153 568 221 158 32
Occupied Rental Units by Size in Pennsville

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

How Much Is Rent in Pennsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,303 to $2,422. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,303
One BR $1,451
Two BR $1,737
Three BR $2,100
Four BR $2,422
2024 Fair Market Rents in Pennsville, New Jersey

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

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 129 84 percent
One BR 516 91 percent
Two BR 161 73 percent
Rental Units Below FMR in Pennsville, New Jersey

How many affordable rental units are in Pennsville?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Pennsville, New Jersey

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

Income Based Apartments in Pennsville, New Jersey

Pennsville features 106 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 Pennsville, New Jersey

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pennsville.

Housing Choice Vouchers in Pennsville, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pennsville, New Jersey for a two-bedroom apartment is between $1,563 and $1,911.

Sourced from federal housing data and AffordableHousingOnline.com research.

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