Low Income Apartments and Affordable Housing For Rent in Monmouth County, NJ

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Discover affordable housing in Monmouth County where there are 171+ 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.

Image of Heritage Village at Oakhurst

Heritage Village at Oakhurst

777 West Park Avenue, Oakhurst, New Jersey 07712

payment $1098-1318/mo. switch_access_shortcut Short Wait accessibility Accessible

Image of Heritage Village at Manalapan for Adults 55 Plus

Heritage Village at Manalapan for Adults 55 Plus

216 Woodward Road, Manalapan, New Jersey 07726

payment $1094-1311/mo. switch_access_shortcut Short Wait accessibility Accessible

Image of Heritage Village at Elton Corner

Heritage Village at Elton Corner

895 Elton Adelphia Rd., Freehold, New Jersey 07728

payment $1082-1298/mo. switch_access_shortcut Short Wait accessibility Accessible

Image of Asbury Tower

Asbury Tower

1701 Ocean Ave, Asbury Park, New Jersey 7712

bed Studio-1 payment $844-1023/mo. switch_access_shortcut Short Wait real_estate_agent Accepts Vouchers accessibility Accessible

Image of Oceanpointe Towers

Oceanpointe Towers

10 Pavilion Avenue, Long Branch, New Jersey 07740

payment Subsidized

Image of Conifer Village at Middletown

Conifer Village at Middletown

100 Beaman Blvd., Atlantic Highlands, New Jersey 07716

switch_access_shortcut Short Wait real_estate_agent Accepts Vouchers payment Income Based accessibility Accessible

Image of Bethany Manor

Bethany Manor

500 Broad St, Keyport, New Jersey 07735

bed Studio-1 payment Subsidized

Image of Stephen Manor

Stephen Manor

1100 Atlantic Ave, Asbury Park, New Jersey 07712

payment Subsidized accessibility Accessible

Image of Valley Brook Village

Valley Brook Village

100 Tracey Ct, Belford, New Jersey 07939

switch_access_shortcut Short Wait accessibility Accessible

Image of The Willows at Manalapan

The Willows at Manalapan

48 Wood Ave, Manalapan, New Jersey 07726

switch_access_shortcut Short Wait accessibility Accessible

Image of Allenwood Terrace

Allenwood Terrace

2101 Allenwood Rd., Wall, New Jersey 07719

bed Studio-2 payment $524-1125/mo. switch_access_shortcut Short Wait accessibility Accessible

Image of Alexandria Group Home

Alexandria Group Home

1 Alexandria Dr, Manalapan, New Jersey 07726

switch_access_shortcut Short Wait

Image of Howell Township Senior Citizens Housing

Howell Township Senior Citizens Housing

720 Rt, Howell, New Jersey 07731

payment Subsidized elderly Senior accessibility Accessible

Image of Hudson Manor

Hudson Manor

40 Hudson Street, Freehold, New Jersey 07728

payment Subsidized

Image of Bethany Towers

Bethany Towers

1 Clark St, Hazlet, New Jersey 7730

payment Subsidized

Image of Community Options Eleanor

Community Options Eleanor

74 Scenic Dr, Howell, New Jersey 07731

payment Subsidized accessibility Accessible accessible_forward Disability

Image of Eatontown Senior Citizewns <a href=Aka the Meadowbrook" width="" height="" />

Eatontown Senior Citizewns Aka the Meadowbrook

55 Wykoff Rd, Eatontown, New Jersey 07724

payment Subsidized

Image of Tinton Woods

Tinton Woods

1086 Maxim Southard Rd, Howell, New Jersey 07306

accessibility Accessible

Image of Monmouth County Independant Living Complex

Monmouth County Independant Living Complex

17 Lincoln Pl, Freehold, New Jersey 07728

accessibility Accessible

Image of Shrewsbury

Shrewsbury

935 Broad St, Shrewsbury, New Jersey 07702

switch_access_shortcut Short Wait

How To Identify Affordable Housing in Monmouth County, New Jersey

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

switch_access_shortcut Short Wait payment Subsidized real_estate_agent Accepts Vouchers elderly Senior payment Income Based accessibility Accessible accessible_forward Disability real_estate_agent Naturally Affordable The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Monmouth County, New Jersey

$22.56 (+164%) more than New Jersey minimum wage and $29.04 (+401%) more than the Federal minimum wage.

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

How many renters live in Monmouth County, New Jersey?

The County of Monmouth County has people living in households.

There are renters living in renter households in this County. Renters make up 19.34 percent of the population living in Monmouth County.

What is the rental market like in Monmouth County, New Jersey?

There are an estimated housing units in the Monmouth County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Monmouth County, New Jersey, there are 1.04 rental units.

What is the vacancy rate for rentals in Monmouth County?

The rental vacancy rate in Monmouth County 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 Monmouth County for each bedroom size?

Occupied Rental Units by Size in Monmouth County
Occupied Rental Units by Size in Monmouth County

A large number of apartments in Monmouth County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Monmouth County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,385 to $2,904. FMRs are updated annually by HUD for every city and county nationwide.

2024 Fair Market Rents in Monmouth County, New Jersey

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

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:

Rental Units Below FMR in Monmouth County, New Jersey

How many affordable rental units are in Monmouth County?

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

Tracked Units by Federal Program in Monmouth County, New Jersey

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

Income Based Apartments in Monmouth County, New Jersey

Monmouth County features 4,559 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 Monmouth County, New Jersey

There are 3,170 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monmouth County.

Housing Choice Vouchers in Monmouth County, New Jersey

On average, Section 8 Housing Choice vouchers pay Monmouth County landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Monmouth County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Monmouth County, New Jersey for a two-bedroom apartment is between $1,724 and $2,108.