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.

Windsor Crescent

1 Arcadia Court, Jackson, New Jersey 08527

Heritage Village at Seabreeze

1031 Newark Avenue North, Forked River, New Jersey 8731

Hopes Crossing

1 Vans Way , Toms River, New Jersey 8755

Toms River Crescent Apartments

100 Crescent Court, Toms River, New Jersey 08757

Patriots Cove

575 N Main St, Barnegat, New Jersey 08005

The Willows at Little Egg Harbor

190 Oak Lane, Little Egg Harbor, New Jersey 08087

Heritage Village at Ocean

400 Stacey Drive, Ocean, New Jersey 07712

Chambers Crescent

100 Chambers Crescent Court, Lakewood, New Jersey 08701

Manchester Village

202 Manor Drive, Manchester, New Jersey 08759

Westlake Mews for Adults 55 Plus

100 Muirfield Road, Jackson, New Jersey 08527

Park Plaza

150 Mathistown Rd, Little Egg Harbor, New Jersey 08087

Birchwood at Waretown

101 Veterans Blvd, Waretown, New Jersey 08758

Winteringham Village

1040 Route 166, Toms River, New Jersey 08753

Cedar Run Aparts

240 S Main St, Eagleswood, New Jersey 08092

Cornerstone At Grassy Hollow

200 Back Rd, Manahawkin, New Jersey 08050

Meadow Green Apartments

2257 Massachusetts Ave., Toms River, New Jersey 08755

Macedonia / OCEAN Senior Residence

144 John St, Lakewood, New Jersey 08701

Lakewood Plaza II

154 A Dr M L King Dr, Lakewood, New Jersey 08701

Emerald Terrace Apartments

20 Barnegat Blvd S, Barnegat, New Jersey 08005

Highland Plaza

91 Highland Pkwy, Toms River, New Jersey 08753

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.