; Low Income Apartments For Rent in Hillsdale, NJ

Apply to Hillsdale Apartment Waiting Lists

Hillsdale House

32 Piermont Ave
Hillsdale, New Jersey
Subsidized
Senior
S. 202
BMIR

Hillsdale Group Home

42 Magnolia Ave
Hillsdale, New Jersey
Subsidized
Supportive
S. 811 Supportive
Showing Results 1-15
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There are 0 low-income apartments in Hillsdale that offer reduced rents to eligible households.

Rental assistance programs support 106 low-income homes in Hillsdale where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Hillsdale, 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.

Housing Authority Programs
Housing Authority of Bergen County Section 8 Housing Choice Voucher (HCV); Public Housing; Housing Opportunities for Persons with AIDS (HOPWA)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Hillsdale.

Hillsdale, New Jersey Affordable Housing Data

Income Based Apartments in Hillsdale, New Jersey

Hillsdale features 106 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 Hillsdale, New Jersey

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

Housing Choice Vouchers in Hillsdale, New Jersey

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hillsdale, New Jersey for a two-bedroom apartment is between $1,703 and $2,081.

2024 Hillsdale, 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
Hillsdale, New Jersey Fair Market Rent $1,400 $1,645 $1,892 $2,342 $2,946
Hillsdale, New Jersey Payment Standard Range $1,260 to $1,540 $1,481 to $1,810 $1,703 to $2,081 $2,108 to $2,576 $2,651 to $3,241

Sourced from federal housing data and AffordableHousingOnline.com research.

Hillsdale, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 106
Total Housing Units with Rental Assistance 106
Percentage of Housing Units Occupied By Renters 14.7%
Average Renter Household Size 2.48
Average Household Size 2.93
Median Household Income $108,224 ±$9,076
Median Rent $1,453 ±$481
Percentage Of Renters Overburdened 64.18% ± 20.48pp
Total Population 10,452

Population and Household Demographics

Hillsdale is a city in Bergen County, New Jersey with a population of 10,452. There are 3,550 households in the city with an average household size of 2.93 persons. 14.7% of households in Hillsdale are renters.

Income and Rent Overburden in Hillsdale

The median gross income for households in Hillsdale is $108,224 a year, or $9,019 a month. The median rent for the city is $1,453 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hillsdale, a household making less than $4,843 a month would be considered overburdened when renting an apartment at or above the median rent. 64.18% of households who rent are overburdened in Hillsdale.

Area Median Income In Hillsdale

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 Hillsdale, the AMI is calculated from all households within Bergen County.

In Hillsdale, HUD calculates the Area Median Income for a family of four as $130,700

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 Hillsdale

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 Hillsdale

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Hillsdale AMI may qualify for rental assistance programs that target Extremely Low Income households.
$27,250 $31,150 $35,050 $38,900 $42,050 $45,150 $48,250 $51,350
50% AMI Income Limits
Renters earning up to 50% of the Hillsdale AMI may qualify for rental assistance programs that target Very Low Income households.
$45,400 $51,850 $58,350 $64,800 $70,000 $75,200 $80,400 $85,550
80% AMI Income Limits
Renters earning up to 80% of the Hillsdale AMI may qualify for rental assistance programs that target Low Income households.
$66,750 $76,250 $85,800 $95,300 $102,950 $110,550 $118,200 $125,800