heritage village at elton corner freehold township

± 1.66pp Total Population 629,185 Population and Household Demographics ±$17 Percentage Of Renters Overburdened 54.01% Total Affordable Apartment Properties 116 Total Low Income Apartments 8,458 Total Housing Units with Rental Assistance 4,983 Percentage of Housing Units Occupied By Renters 25.62% Average Renter Household Size 2.26 Average Household Size 2.67 Median Household Income $85,242 Monmouth County, NJ Affordable Housing Snapshot Sourced from federal housing data and research. 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. 2023 Monmouth County, New Jersey Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. 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 $1,442 and $1,762. The average voucher holder contributes $500 towards rent in Monmouth County. On average, Section 8 Housing Choice vouchers pay Monmouth County landlords $1,000 per month towards rent. Housing Choice Vouchers in Monmouth County, New Jersey There are 3,045 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monmouth County. Low Rent Apartments in Monmouth County, New Jersey Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Monmouth County features 4,983 income based apartments. Monmouth County, New Jersey Affordable Housing Data Income Based Apartments in Monmouth County, New Jersey

Heritage village at elton corner freehold township