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

Discover affordable housing in Stockton 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.

Sergentsville Group Home

548 Rosemont Ringoes Rd, Stockton, New Jersey 8559

Allies Homes 2009

137 Sandy Ridge Rd, Stockton, New Jersey 08559

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

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

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

How many renters live in Stockton, New Jersey?

The City of Stockton has 475 people living in 224 households.

There are 98 renters living in 70 renter households in this City. Renters make up 20.63 percent of the population living in Stockton.

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

There are an estimated 234 housing units in the Stockton area. Of these, 72 units are rental homes, making up 31 percent of the housing market. For every renter household in Stockton, New Jersey, there are 1 rental units.

What is the vacancy rate for rentals in Stockton?

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

Occupied Rental Units by Size in Stockton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 40 21 3 3
Occupied Rental Units by Size in Stockton

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

Among renter households in this market, 23 percent have housing cost burden. Further, 13 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 Stockton

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 Stockton, New Jersey

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

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 3 100 percent
One BR 27 68 percent
Two BR 5 24 percent
Rental Units Below FMR in Stockton, New Jersey

How many affordable rental units are in Stockton?

Income Based Apartments in Stockton, New Jersey

Stockton features 16 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 Stockton, New Jersey

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

Housing Choice Vouchers in Stockton, New Jersey

On average, Section 8 Housing Choice vouchers pay Stockton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Stockton.

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

Sourced from federal housing data and AffordableHousingOnline.com research.