Affordable Housing In Warren County
13 Low Income Apartment Communities In Warren County
Housing Authorities that serve Warren County
|Warren County 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 Warren County, New Jersey
There are 13 low income housing apartment communities offering 988 affordable apartments for rent in Warren County, New Jersey.
Income Based Apartments in Warren County, New Jersey
Warren County features 780 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 Warren County, New Jersey
There are 208 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Warren County.
Housing Choice Vouchers in Warren County, New Jersey
On average, Section 8 Housing Choice vouchers pay Warren County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Warren County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Warren County, New Jersey for a two-bedroom apartment is between $1,054 and $1,288.
2020 Warren County, New Jersey Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$845||$963||$1,171||$1,463||$1,641|
|Payment Standard Range||$761 to $930||$867 to $1,059||$1,054 to $1,288||$1,317 to $1,609||$1,477 to $1,805|
Sourced from federal housing data and AffordableHousingOnline.com research.
Warren County, NJ Affordable Housing Snapshot
|Total Affordable Apartment Properties||13|
|Total Low Income Apartments||988|
|Total Housing Units with Rental Assistance||780|
|Percentage of Housing Units Occupied By Renters||27.73%|
|Average Renter Household Size||2.27|
|Average Household Size||2.52|
|Median Household Income||$70,471 ±$2,038|
|Median Rent||$1,013 ±$29|
|Percentage Of Renters Overburdened||46.99% ± 3.31pp|
Population and Household Demographics
Warren County is a county in New Jersey with a population of 107,226. There are 41,667 households in the county with an average household size of 2.52 persons. 27.73% of households in Warren County are renters.
Income and Rent Overburden in Warren County
The median gross income for households in Warren County is $70,471 a year, or $5,873 a month. The median rent for the county is $1,013 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Warren County, a household making less than $3,377 a month would be considered overburdened when renting an apartment at or above the median rent. 46.99% of households who rent are overburdened in Warren County.
Area Median Income In Warren County
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.
In Warren County, HUD calculates the Area Median Income for a family of four as $103,400
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 Warren County
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 HUD Rental Assistance in Warren County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$21,700||$24,800||$27,900||$31,000||$33,500||$36,000||$39,010||$43,430|
|50% of Median||$36,200||$41,400||$46,550||$51,700||$55,850||$60,000||$64,150||$68,250|
|80% of Median||$52,850||$60,400||$67,950||$75,500||$81,550||$87,600||$93,650||$99,700|
Cities In Warren County
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