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

Discover affordable housing in Spotswood 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.

Crescent Park

1 Arlington Ave, Spotswood, New Jersey 08884

Woodmere Senior Citizens Housing

250 Crescent Ave, Spotswood, New Jersey 08884

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Spotswood, New Jersey
$43.11/hour
$29.38 (+214%) more than New Jersey minimum wage and $35.86 (+495%) more than the Federal minimum wage.
Learn More About Spotswood, New Jersey Affordable Housing ↓

What HUD offices serve Spotswood, 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 Spotswood, New Jersey.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Spotswood, New Jersey.

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

How many renters live in Spotswood, New Jersey?

The City of Spotswood has 8,136 people living in 3,186 households.

There are 813 renters living in 525 renter households in this City. Renters make up 9.99 percent of the population living in Spotswood.

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

There are an estimated 3,186 housing units in the Spotswood area. Of these, 525 units are rental homes, making up 16 percent of the housing market. For every renter household in Spotswood, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Spotswood?

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

Occupied Rental Units by Size in Spotswood
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 410 94 0 8
Occupied Rental Units by Size in Spotswood

A large number of apartments in Spotswood 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 Spotswood are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 31 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 Spotswood

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,608 to $3,031. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,608
One BR $1,807
Two BR $2,276
Three BR $2,756
Four BR $3,031
2024 Fair Market Rents in Spotswood, New Jersey

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

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
One BR 401 98 percent
Two BR 55 59 percent
Rental Units Below FMR in Spotswood, New Jersey

How many affordable rental units are in Spotswood?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 125
Section 202 Supportive Housing for the Elderly 73
Tracked Units by Federal Program in Spotswood, New Jersey

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

Income Based Apartments in Spotswood, New Jersey

Spotswood features 200 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 Spotswood, New Jersey

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

Housing Choice Vouchers in Spotswood, New Jersey

On average, Section 8 Housing Choice vouchers pay Spotswood landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Spotswood.

The maximum amount a voucher would pay on behalf of a low-income tenant in Spotswood, New Jersey for a two-bedroom apartment is between $2,048 and $2,504.

Sourced from federal housing data and AffordableHousingOnline.com research.