Affordable Housing In Somerville
Somerset County, New Jersey

2 Low Income Apartment Communities In Somerville

Somerville Senior Citizens

1 Mountain Ave
Somerville, NJ

Somerset County Supportive Housing

35 Somerset St
Somerville, NJ
HCV Welcome
  • «
  • 1
  • »

Housing Authorities that serve Somerville

Housing Authority Programs
Somerville Housing Authority Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Somerville, New Jersey

According to federal housing data and research, there are 2 low income housing apartment communities offering 171 affordable apartments for rent in Somerville, New Jersey. Somerville features 153 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 18 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Somerville.

Somerville, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 171
Total Housing Units with Rental Assistance 153
Percentage of Housing Units Occupied By Renters 44.48%
Average Renter Household Size 2.39
Average Household Size 2.60
Median Household Income $70,643 ±$3,953
Median Rent $1,232 ±$41
Percentage Of Renters Overburdened 41.82% ± 7.24pp
Total Population 12,212

Population and Household Demographics

Somerville is a City in Somerset County, New Jersey with a population of 12,212. There are 4,548 households in the city with an average household size of 2.60 persons. 44.48% of households in Somerville are renters.

Income and Rent Overburden in Somerville

The median gross income for households in Somerville is $70,643 a year, or $5,887 a month. The median rent for the city is $1,232 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Somerville, a household making less than $4,107 a month would be considered overburdened when renting an apartment at or above the median rent. 41.82% of households who rent are overburdened in Somerville.1

Area Median Income In Somerville

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 Somerville, the AMI is calculated from all households within Somerset County.

In Somerville, HUD calculates the Area Median Income for a family of four as $118,300

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 Somerville

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 Somerville HUD Rental Assistance in Somerville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
50% of Median $41,450 $47,350 $53,250 $59,150 $63,900 $68,650 $73,350 $78,100
80% of Median $57,050 $65,200 $73,350 $81,450 $88,000 $94,500 $101,000 $107,550
Low Income Housing Tax Credits in Somerville

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2005 to 2005, 1 low income apartment communities containing 18 rental apartments have been constructed and made affordable to low income persons in Somerville by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Somerville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $41,450 $47,350 $53,250 $59,150 $63,900 $68,650 $73,350 $78,100
60% of Median $49,740 $56,820 $63,900 $70,980 $76,680 $82,380 $88,020 $93,720

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Somerville is $63,900 a year, or $5,325 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,325 by 30% to get a maximum rent of $1,598 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $1,036 $1,110 $1,331 $1,538 $1,716 $1,893
60% $1,244 $1,332 $1,598 $1,846 $2,060 $2,272
Fair Market Rents in Somerville

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,193 $1,382 $1,770 $2,228 $2,572