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Affordable Housing In Wayne
Passaic County, New Jersey

5 Low Income Apartment Communities In Wayne

Wayne Group Home

350 Oldham Rd
Wayne, New Jersey
Subsidized
62+
Accessible
Elderly Supportive Housing

Siena Village at Wayne 346

1000 Siena Vlg
Wayne, New Jersey
Accepts Vouchers

Preakness Commons

1111 Chatham Ct
Wayne, New Jersey
Accepts Vouchers

Summer Hill Apartments

2100 Summerhill Rd
Wayne, New Jersey
Accepts Vouchers
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Housing Authorities that serve Wayne

Housing Authority Programs
Passaic 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 Wayne, New Jersey

There are 5 low income housing apartment communities offering 759 affordable apartments for rent in Wayne, New Jersey.

Income Based Apartments in Wayne, New Jersey

Wayne features 8 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 Wayne, New Jersey

There are 751 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wayne.

Housing Choice Vouchers in Wayne, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wayne, New Jersey for a two-bedroom apartment is between $1,461 and $1,785.

2020 Wayne, 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 $1,151 $1,377 $1,623 $2,023 $2,481
Payment Standard Range $1,036 to $1,266 $1,239 to $1,515 $1,461 to $1,785 $1,821 to $2,225 $2,233 to $2,729

Sourced from federal housing data and AffordableHousingOnline.com research.

Wayne, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 759
Total Housing Units with Rental Assistance 8
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Wayne is a city in Passaic County, New Jersey with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Wayne are renters.

Income and Rent Overburden in Wayne

The median gross income for households in Wayne is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Wayne

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 Wayne, the AMI is calculated from all households within Passaic County.

In Wayne, HUD calculates the Area Median Income for a family of four as $104,200

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 Wayne

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 Wayne

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $21,900 $25,000 $28,150 $31,250 $33,750 $36,250 $39,640 $44,120
50% of Median $36,500 $41,700 $46,900 $52,100 $56,300 $60,450 $64,650 $68,800
80% of Median $54,950 $62,800 $70,650 $78,500 $84,800 $91,100 $97,350 $103,650