Low Income Apartments For Rent in Tinton Falls, NJ

Rental assistance programs support 150 low-income homes in Tinton Falls where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $509 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Tinton Falls, 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
Monmouth County Public Housing Agency	Section 8 Housing Choice Voucher (HCV)
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 Tinton Falls.

Tinton Falls, New Jersey Affordable Housing Data

Income Based Apartments in Tinton Falls, New Jersey

Tinton Falls features 150 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 Tinton Falls, New Jersey

There are 380 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tinton Falls.

Housing Choice Vouchers in Tinton Falls, New Jersey

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

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

2024 Tinton Falls, 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
Tinton Falls, New Jersey Fair Market Rent	$1,385	$1,546	$1,916	$2,604	$2,904
Tinton Falls, New Jersey Payment Standard Range	$1,247 to $1,524	$1,391 to $1,701	$1,724 to $2,108	$2,344 to $2,864	$2,614 to $3,194

Sourced from federal housing data and AffordableHousingOnline.com research.

Tinton Falls, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 6

Total Low Income Apartments 530

Total Housing Units with Rental Assistance 150

Percentage of Housing Units Occupied By Renters 29.58%

Average Renter Household Size 1.72

Average Household Size 2.22

Median Household Income $73,891 ±$6,496

Median Rent $1,953 ±$229

Percentage Of Renters Overburdened 67.86% ± 12.18pp

Total Population 17,872

Total Affordable Apartment Properties	6
Total Low Income Apartments	530
Total Housing Units with Rental Assistance	150
Percentage of Housing Units Occupied By Renters	29.58%
Average Renter Household Size	1.72
Average Household Size	2.22
Median Household Income	$73,891 ±$6,496
Median Rent	$1,953 ±$229
Percentage Of Renters Overburdened	67.86% ± 12.18pp
Total Population	17,872

Population and Household Demographics

Tinton Falls is a city in Monmouth County, New Jersey with a population of 17,872. There are 7,942 households in the city with an average household size of 2.22 persons. 29.58% of households in Tinton Falls are renters.

Income and Rent Overburden in Tinton Falls

The median gross income for households in Tinton Falls is $73,891 a year, or $6,158 a month. The median rent for the city is $1,953 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tinton Falls, a household making less than $6,510 a month would be considered overburdened when renting an apartment at or above the median rent. 67.86% of households who rent are overburdened in Tinton Falls.

Area Median Income In Tinton Falls

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 Tinton Falls, the AMI is calculated from all households within Monmouth County.

In Tinton Falls, HUD calculates the Area Median Income for a family of four as $130,300

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 Tinton Falls

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 Tinton Falls

	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 Tinton Falls AMI may qualify for rental assistance programs that target Extremely Low Income households.	$27,100	$31,000	$34,850	$38,700	$41,800	$44,900	$48,000	$51,100
50% AMI Income Limits Renters earning up to 50% of the Tinton Falls AMI may qualify for rental assistance programs that target Very Low Income households.	$45,150	$51,600	$58,050	$64,500	$69,700	$74,850	$80,000	$85,150
80% AMI Income Limits Renters earning up to 80% of the Tinton Falls AMI may qualify for rental assistance programs that target Low Income households.	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950