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

Discover affordable housing in Pitman where there are 2+ 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.

444 E Holly Ave Unit G

444 E Holly Ave Unit G, Pitman, New Jersey 08071

bed 2
payment $1600/mo.

204 - 1 Scattered Sites

1 Walnut Ave, Pitman, New Jersey 08071

payment Subsidized

How To Identify Affordable Housing in Pitman, 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.
calendar_today Opened: Dec 3
Open Until Further Notice
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Reported On August 17th, 2024 by David Layfield

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pitman, 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 Pitman, New Jersey Affordable Housing ↓

What HUD offices serve Pitman, 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 Pitman, New Jersey.

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

How many renters live in Pitman, New Jersey?

The City of Pitman has people living in households.

There are renters living in renter households in this City. Renters make up 21.01 percent of the population living in Pitman.

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

There are an estimated housing units in the Pitman area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pitman, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Pitman?

The rental vacancy rate in Pitman is 0 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 Pitman for each bedroom size?

Occupied Rental Units by Size in Pitman
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
90 436 334 184 4
Occupied Rental Units by Size in Pitman

A large number of apartments in Pitman 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 Pitman

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 Pitman, New Jersey

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

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 49 54 percent
One BR 272 62 percent
Two BR 197 59 percent
Rental Units Below FMR in Pitman, New Jersey

How many affordable rental units are in Pitman?

Income Based Apartments in Pitman, New Jersey

Pitman features 62 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 Pitman, New Jersey

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pitman.

Housing Choice Vouchers in Pitman, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pitman, 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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