Renting · Section 8
Data from November 2026
Renting in Monmouth County, New Jersey
Monmouth County has a HUD fair market rent of $2,283 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $1,827 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $43.90 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $2,283
- a month, HUD, Fiscal year 2027
- About the same as in New Jersey
- Typical rent
- $1,827
- a month, Census, Average 2020–2024
- 6% more than in New Jersey
- Wage needed
- $43.90
- an hour, 2 bedrooms
- Or $91,320 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 53%
- spend 30% or more of income on rent
- 2% more than in New Jersey
Fair market rent
What HUD sets for each size
Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in Monmouth County. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.
The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)
According to Zillow (ZORI), the typical asking rent in Monmouth County was $2,827 a month in September 2026: 4.4% more than 12 months ago. It is an index of market listings, not a HUD limit. Zillow data
| Size | Fair rent per month | Hourly wage | Income needed per year |
|---|---|---|---|
| Studio | $1,671 | $32.13 | $66,840 |
| 1 bedroom | $1,847 | $35.52 | $73,880 |
| 2 bedrooms | $2,283 | $43.90 | $91,320 |
| 3 bedrooms | $2,927 | $56.29 | $117,080 |
| 4 bedrooms | $3,241 | $62.33 | $129,640 |
HUD area: Monmouth-Ocean, NJ HUD Metro FMR Area. Source: HUD, Fiscal year 2027
By ZIP code
The fair market rent for your ZIP code
HUD also publishes fair market rents by ZIP code (Small Area FMRs) for 55 ZIP codes in Monmouth County (Fiscal year 2027). Type yours to see it.
For 2 bedrooms they run from $1,200 in 07738 to $3,420 in 07746. 36 ZIP codes are above the county's fair market rent ($2,283).
Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses. 24 CFR §982.503(a)(1)
| 07701 | Monmouth-Ocean, NJ | $1,920 | $2,120 | $2,620 | $3,360 | $3,720 |
|---|---|---|---|---|---|---|
| 07702 | Monmouth-Ocean, NJ | $2,500 | $2,770 | $3,420 | $4,390 | $4,860 |
| 07703 | Monmouth-Ocean, NJ | $2,000 | $2,220 | $2,740 | $3,510 | $3,890 |
| 07704 | Monmouth-Ocean, NJ | $2,500 | $2,770 | $3,420 | $4,390 | $4,860 |
| 07711 | Monmouth-Ocean, NJ | $1,780 | $1,970 | $2,430 | $3,120 | $3,450 |
| 07712 | Monmouth-Ocean, NJ | $1,690 | $1,870 | $2,310 | $2,960 | $3,280 |
| 07716 | Monmouth-Ocean, NJ | $1,860 | $2,050 | $2,540 | $3,260 | $3,610 |
| 07717 | Monmouth-Ocean, NJ | $1,740 | $1,930 | $2,380 | $3,050 | $3,380 |
| 07718 | Monmouth-Ocean, NJ | $1,530 | $1,690 | $2,090 | $2,710 | $3,000 |
| 07719 | Monmouth-Ocean, NJ | $1,650 | $1,830 | $2,260 | $2,900 | $3,210 |
| 07720 | Monmouth-Ocean, NJ | $1,620 | $1,800 | $2,220 | $2,850 | $3,150 |
| 07721 | Middlesex-Somerset-Hunterdon, NJ | $1,810 | $2,000 | $2,480 | $3,170 | $3,510 |
| 07721 | Monmouth-Ocean, NJ | $1,810 | $2,000 | $2,480 | $3,170 | $3,510 |
| 07722 | Monmouth-Ocean, NJ | $2,500 | $2,770 | $3,420 | $4,390 | $4,860 |
| 07723 | Monmouth-Ocean, NJ | $1,520 | $1,670 | $2,070 | $2,650 | $2,940 |
| 07724 | Monmouth-Ocean, NJ | $1,540 | $1,700 | $2,100 | $2,690 | $2,980 |
| 07726 | Middlesex-Somerset-Hunterdon, NJ | $1,810 | $2,000 | $2,470 | $3,170 | $3,510 |
| 07726 | Monmouth-Ocean, NJ | $1,810 | $2,000 | $2,470 | $3,170 | $3,510 |
| 07727 | Monmouth-Ocean, NJ | $1,600 | $1,760 | $2,180 | $2,800 | $3,090 |
| 07728 | Monmouth-Ocean, NJ | $1,780 | $1,970 | $2,430 | $3,120 | $3,450 |
| 07730 | Monmouth-Ocean, NJ | $1,880 | $2,070 | $2,560 | $3,270 | $3,620 |
| 07731 | Monmouth-Ocean, NJ | $2,350 | $2,600 | $3,210 | $4,120 | $4,560 |
| 07732 | Monmouth-Ocean, NJ | $1,800 | $1,990 | $2,460 | $3,150 | $3,490 |
| 07733 | Monmouth-Ocean, NJ | $2,500 | $2,770 | $3,420 | $4,390 | $4,860 |
| 07734 | Monmouth-Ocean, NJ | $1,560 | $1,720 | $2,130 | $2,730 | $3,020 |
| 07735 | Middlesex-Somerset-Hunterdon, NJ | $1,580 | $1,730 | $2,150 | $2,720 | $3,020 |
| 07735 | Monmouth-Ocean, NJ | $1,580 | $1,730 | $2,150 | $2,720 | $3,020 |
| 07737 | Monmouth-Ocean, NJ | $1,410 | $1,550 | $1,920 | $2,460 | $2,730 |
| 07738 | Monmouth-Ocean, NJ | $880 | $970 | $1,200 | $1,540 | $1,700 |
| 07739 | Monmouth-Ocean, NJ | $2,210 | $2,450 | $3,030 | $3,880 | $4,300 |
| 07740 | Monmouth-Ocean, NJ | $1,760 | $1,950 | $2,410 | $3,090 | $3,420 |
| 07746 | Monmouth-Ocean, NJ | $2,500 | $2,770 | $3,420 | $4,390 | $4,860 |
| 07748 | Monmouth-Ocean, NJ | $1,540 | $1,710 | $2,110 | $2,710 | $3,000 |
| 07750 | Monmouth-Ocean, NJ | $2,050 | $2,260 | $2,800 | $3,590 | $3,980 |
| 07751 | Middlesex-Somerset-Hunterdon, NJ | $2,440 | $2,690 | $3,330 | $4,270 | $4,730 |
| 07751 | Monmouth-Ocean, NJ | $2,440 | $2,690 | $3,330 | $4,270 | $4,730 |
| 07753 | Monmouth-Ocean, NJ | $1,740 | $1,930 | $2,380 | $3,050 | $3,380 |
| 07755 | Monmouth-Ocean, NJ | $2,380 | $2,630 | $3,250 | $4,170 | $4,610 |
| 07756 | Monmouth-Ocean, NJ | $1,250 | $1,380 | $1,710 | $2,190 | $2,430 |
| 07757 | Monmouth-Ocean, NJ | $1,800 | $2,020 | $2,490 | $3,320 | $3,680 |
| 07758 | Monmouth-Ocean, NJ | $1,130 | $1,250 | $1,540 | $1,970 | $2,190 |
| 07760 | Monmouth-Ocean, NJ | $2,060 | $2,270 | $2,810 | $3,600 | $3,990 |
| 07762 | Monmouth-Ocean, NJ | $1,650 | $1,830 | $2,260 | $2,900 | $3,210 |
| 07764 | Monmouth-Ocean, NJ | $1,860 | $2,050 | $2,540 | $3,260 | $3,610 |
| 08501 | Monmouth-Ocean, NJ | $1,420 | $1,570 | $1,940 | $2,470 | $2,730 |
| 08501 | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $1,420 | $1,570 | $1,940 | $2,470 | $2,730 |
| 08501 | Trenton-Princeton, NJ | $1,420 | $1,570 | $1,940 | $2,470 | $2,730 |
| 08510 | Monmouth-Ocean, NJ | $1,950 | $2,150 | $2,660 | $3,410 | $3,780 |
| 08514 | Monmouth-Ocean, NJ | $1,510 | $1,660 | $2,060 | $2,630 | $2,910 |
| 08535 | Monmouth-Ocean, NJ | $2,180 | $2,410 | $2,980 | $3,820 | $4,230 |
| 08555 | Monmouth-Ocean, NJ | $2,490 | $2,750 | $3,400 | $4,360 | $4,830 |
| 08720 | Monmouth-Ocean, NJ | $1,730 | $1,910 | $2,370 | $3,040 | $3,360 |
| 08730 | Monmouth-Ocean, NJ | $2,470 | $2,730 | $3,380 | $4,330 | $4,800 |
| 08736 | Monmouth-Ocean, NJ | $1,720 | $1,900 | $2,350 | $3,010 | $3,340 |
| 08750 | Monmouth-Ocean, NJ | $1,890 | $2,090 | $2,580 | $3,310 | $3,660 |
- 07701 · Monmouth-Ocean, NJ $2,620$3,360
- 07702 · Monmouth-Ocean, NJ $3,420$4,390
- 07703 · Monmouth-Ocean, NJ $2,740$3,510
- 07704 · Monmouth-Ocean, NJ $3,420$4,390
- 07711 · Monmouth-Ocean, NJ $2,430$3,120
- 07712 · Monmouth-Ocean, NJ $2,310$2,960
- 07716 · Monmouth-Ocean, NJ $2,540$3,260
- 07717 · Monmouth-Ocean, NJ $2,380$3,050
- 07718 · Monmouth-Ocean, NJ $2,090$2,710
- 07719 · Monmouth-Ocean, NJ $2,260$2,900
- 07720 · Monmouth-Ocean, NJ $2,220$2,850
- 07721 · Middlesex-Somerset-Hunterdon, NJ $2,480$3,170
- 07721 · Monmouth-Ocean, NJ $2,480$3,170
- 07722 · Monmouth-Ocean, NJ $3,420$4,390
- 07723 · Monmouth-Ocean, NJ $2,070$2,650
- 07724 · Monmouth-Ocean, NJ $2,100$2,690
- 07726 · Middlesex-Somerset-Hunterdon, NJ $2,470$3,170
- 07726 · Monmouth-Ocean, NJ $2,470$3,170
- 07727 · Monmouth-Ocean, NJ $2,180$2,800
- 07728 · Monmouth-Ocean, NJ $2,430$3,120
- 07730 · Monmouth-Ocean, NJ $2,560$3,270
- 07731 · Monmouth-Ocean, NJ $3,210$4,120
- 07732 · Monmouth-Ocean, NJ $2,460$3,150
- 07733 · Monmouth-Ocean, NJ $3,420$4,390
- 07734 · Monmouth-Ocean, NJ $2,130$2,730
- 07735 · Middlesex-Somerset-Hunterdon, NJ $2,150$2,720
- 07735 · Monmouth-Ocean, NJ $2,150$2,720
- 07737 · Monmouth-Ocean, NJ $1,920$2,460
- 07738 · Monmouth-Ocean, NJ $1,200$1,540
- 07739 · Monmouth-Ocean, NJ $3,030$3,880
- 07740 · Monmouth-Ocean, NJ $2,410$3,090
- 07746 · Monmouth-Ocean, NJ $3,420$4,390
- 07748 · Monmouth-Ocean, NJ $2,110$2,710
- 07750 · Monmouth-Ocean, NJ $2,800$3,590
- 07751 · Middlesex-Somerset-Hunterdon, NJ $3,330$4,270
- 07751 · Monmouth-Ocean, NJ $3,330$4,270
- 07753 · Monmouth-Ocean, NJ $2,380$3,050
- 07755 · Monmouth-Ocean, NJ $3,250$4,170
- 07756 · Monmouth-Ocean, NJ $1,710$2,190
- 07757 · Monmouth-Ocean, NJ $2,490$3,320
- 07758 · Monmouth-Ocean, NJ $1,540$1,970
- 07760 · Monmouth-Ocean, NJ $2,810$3,600
- 07762 · Monmouth-Ocean, NJ $2,260$2,900
- 07764 · Monmouth-Ocean, NJ $2,540$3,260
- 08501 · Monmouth-Ocean, NJ $1,940$2,470
- 08501 · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $1,940$2,470
- 08501 · Trenton-Princeton, NJ $1,940$2,470
- 08510 · Monmouth-Ocean, NJ $2,660$3,410
- 08514 · Monmouth-Ocean, NJ $2,060$2,630
- 08535 · Monmouth-Ocean, NJ $2,980$3,820
- 08555 · Monmouth-Ocean, NJ $3,400$4,360
- 08720 · Monmouth-Ocean, NJ $2,370$3,040
- 08730 · Monmouth-Ocean, NJ $3,380$4,330
- 08736 · Monmouth-Ocean, NJ $2,350$3,010
- 08750 · Monmouth-Ocean, NJ $2,580$3,310
Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) (external site)
Rent burden
How many households spend too much
HUD counts rent as a burden when it reaches 30% of income or more. In Monmouth County, 53% of renter households are in that position; in New Jersey, 52%, and nationwide, 51% (Average 2020–2024, Census).
Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.
53%
of renter households spend 30% or more of their income on rent.
61,539 households rent in Monmouth County
- Spend half or more of their income 28%
- Spend 30% or more, but less than half 24%
- Spend less than 30% 47%
Compared with the state and the country
- Monmouth 53%
- New Jersey 52%
- United States 51%
Low-income apartments
Low-income apartments in Monmouth County
HUD lists 169 properties with homes for low-income households in Monmouth County: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest.
- with tax credits (LIHTC)
- 91
- HUD-assisted
- 56
- public housing
- 24
12,433 homes in all; 9,724 of them low-income, according to HUD.
- Asbury Tower Tax credit (LIHTC) 1701 Ocean Ave, Asbury Park 347 homes, 330 low-income · In service since 2009
- Phillips Seaview Tower HUD-assisted 206 1st Ave # 220, Asbury Park 07712 220 low-income homes · For older adults
- Oyster Bay Apartments HUD-assisted 50 Beers St, Keyport 07735 208 homes, 206 low-income · For older adults · (732) 264-2711
- Middle Road Village HUD-assisted 423 Middle Rd, Hazlet 07730 212 homes, 198 low-income · For older adults
- Eatontown Senior Citizens a/k/a The Meadowbrook HUD-assisted 55 Wyckoff Rd, Eatontown 07724 196 low-income homes · For older adults
- Luftman Towers HUD-assisted 41 Hurleys Ln, Lincroft 07738 189 low-income homes · For older adults · (732) 530-0668
- Asbury Park Gardens Tax credit (LIHTC) 1100 Atlantic Ave, Asbury Park 170 low-income homes · In service since 2013
- Sebastian Villa Tax credit (LIHTC) 2305 W Bangs Ave, Neptune 170 low-income homes · In service since 2016
- Asbury Park Gardens HUD-assisted 1102 Atlantic Ave, Asbury Park 07712 170 homes, 166 low-income · For families
- Freehold Senior Citizen HUD-assisted 40 Hudson St, Freehold 07728 164 homes, 163 low-income · For older adults · (732) 431-4880
- Kennedy TWS Public housing 36 Rockwell Ave, Long Branch 07740 160 low-income homes · Run by Long Branch Housing Authority · Average payment: $418 a month · Average wait: 7 months · (732) 222-3747
- Alice V. Tomaso Plaza HUD-assisted 2 Oakdale Dr, Middletown 07748 152 low-income homes · For older adults
- Oceanpointe Towers HUD-assisted 10 Pavilion Ave, Long Branch 07740 151 homes, 150 low-income · For older adults
- Peter Cooper Village HUD-assisted 200 Forest St, West Long Branch 07764 150 low-income homes · For older adults
- Elton Corner Senior Housing Tax credit (LIHTC) 895 Elton Adelphia Rd, Freehold 149 low-income homes · In service since 2005
- Bethany Manor I & II HUD-assisted 500 Broad St, Keyport 07735 331 homes, 146 low-income · For older adults
- Sebastian Villa HUD-assisted 2305 W Bangs Ave, Neptune 07753 170 homes, 144 low-income · For older adults · (732) 775-6362
- Bethany Towers HUD-assisted 1 Clark St, Hazlet 07730 141 homes, 140 low-income · For older adults · (732) 264-7003
- Richard Stout Homes Public housing 1801 Alberta Ave, Neptune 07753 130 low-income homes · Run by Neptune Housing Authority · Average payment: $461 a month · Average wait: 22 months · (732) 774-7692
- Asbury Park Village Public housing 2 Austin St, Tinton Falls 07712 126 low-income homes · Run by Asbury Park Housing Authority · Average payment: $519 a month · Average wait: 31 months · (732) 774-2660
- The Highlands HUD-assisted 2 Rogers St, Highlands 07732 125 low-income homes · For families
- Tinton Falls Senior Residence Tax credit (LIHTC) 2500 Shafto Rd, Tinton Falls 120 low-income homes · In service since 1998
- Glassworks at Aberdeen Tax credit (LIHTC) 145 Cliffwood Ave, Cliffwood 110 low-income homes
- The Mews at Collingwood Park Tax credit (LIHTC) 100 Liron Ln, Farmingdale 110 homes, 109 low-income · 1 bd: 22 · 2 bd: 54 · 3 bd: 33 · In service since 2001
- Bayshore Village Tax credit (LIHTC) 100 Shoal Harbor Ct, Port Monmouth 109 low-income homes · In service since 2017
- McGrath Towers HUD-assisted 25 Hancock St, Keansburg 07734 109 low-income homes · For older adults · (732) 787-6161
- Edgewood Park Senior Phase I Tax credit (LIHTC) 400 State Highway 36, Middletown Twp 108 low-income homes · In service since 2008
- Minnisink Village HUD-assisted 16 Minnisink Dr, Matawan 07747 108 low-income homes · For older adults
- DR E A Robinson Towers Public housing 1000 3rd Ave, Asbury Park 07712 105 low-income homes · Run by Asbury Park Housing Authority · Average payment: $378 a month · (732) 774-2660
- Ridge Court Public housing 30 Ridge Ave, Neptune 07753 105 low-income homes · Run by Neptune Housing Authority · Average payment: $930 a month · (732) 774-7692
- Rug Mill Families Tax credit (LIHTC) 40 Jackson St, Freehold 104 low-income homes · In service since 2000
- Boston Way Village Tax credit (LIHTC) Sylvan Ave, Boston Way, Memorial Drive, Asbury Park 104 homes, 103 low-income
- Boston Way Village Tax credit (LIHTC) Sylvan Ave, Boston Way, Memorial Drive, Asbury Park 104 homes, 103 low-income · In service since 2020
- Oceanport Gardens Tax credit (LIHTC) 274 E Main St, Oceanport 101 low-income homes · In service since 2020
- Keansburg Tax credit (LIHTC) 250 Beachway Ave, Keansburg 186 homes, 100 low-income
- Oceanport Senior Citizens HUD-assisted 274 E Main St, Oceanport 07757 101 homes, 100 low-income · For older adults · (848) 257-9597
- Ocean Family Housing Tax credit (LIHTC) Cindy Lane, Ocean Township 100 low-income homes · In service since 2019
- Washington Manor HUD-assisted 178 Ocean Ave, Long Branch 07740 100 low-income homes · For older adults
- Friendship Gardens #753 Tax credit (LIHTC) · HUD-assisted 100 Friendship Gdns, Howell 07731 100 homes, 99 low-income · In service since 2005 · For older adults
- Heritage Village at Manalapan Tax credit (LIHTC) 216 Woodward Rd, Manalapan 100 homes, 99 low-income · In service since 2008
- Friendship Gardens Tax credit (LIHTC) 100 Friendship Gdns, Howell 99 low-income homes · In service since 2005
- Rug Mill Seniors Tax credit (LIHTC) 30 Jackson St, Freehold 98 low-income homes · In service since 2000
- Winding Ridge Tax credit (LIHTC) Winding Ridge Circle, Neptune Twp 98 homes, 97 low-income · In service since 2020
- Heritage Village at Ocean Tax credit (LIHTC) 400 Stacey Dr, Ocean 96 low-income homes · In service since 2015
- Hidden Meadows Tax credit (LIHTC) 100 Stacey Dr, Ocean 96 low-income homes · In service since 1993
- Meadowbrook Apartments Tax credit (LIHTC) 25 Pine St, Tinton Falls 96 homes, 95 low-income · In service since 2007
- The Pines at Tinton Falls Tax credit (LIHTC) 400 Pine St, Tinton Falls 94 low-income homes · In service since 2004
- Heritage Village at Oakhurst Tax credit (LIHTC) 777 W Park Ave, Oakhurst 93 homes, 92 low-income · In service since 2016
- Evergreen Terr Public housing 117 Montgomery Ter, Red Bank 07701 90 low-income homes · Run by Housing Authority of the Borough of Red Bank · Average payment: $601 a month · Average wait: 48 months · (732) 741-1808
- The Presbyterian Home at Howell, Inc HUD-assisted 720 Route 9 S, Freehold 07728 86 homes, 85 low-income · For older adults
- Monmouth CT Public housing 107 Throckmorton St, Freehold 07728 85 low-income homes · Run by Freehold Housing Authority · (732) 462-2421
- Green Heron Point Apts Aka Railroad Ave Apts Tax credit (LIHTC) 8 Railroad Ave, Middletown 80 low-income homes · In service since 2015
- Manalapan Woods Tax credit (LIHTC) 48 Wood Ave, Manalapan 80 low-income homes · In service since 2012
- Allenwood Terrace Apartments Tax credit (LIHTC) 2101 Allenwood Rd, Wall Township 85 homes, 79 low-income
- Granville Tower Tax credit (LIHTC) 1 Church St, Keansburg 80 homes, 79 low-income
- Cinnaminson Senior Housing Tax credit (LIHTC) 1401 Riverton Road, Wall Twp 78 low-income homes
- Wemrock Senior Living Tax credit (LIHTC) 1 Arbor Ter, Freehold 75 low-income homes · In service since 2020 · For older adults
- Hudson Ridge Senior Tax credit (LIHTC) 100 Church St, Aberdeen 75 homes, 74 low-income · In service since 2018
- Edgewood Park Senior Apartments Phase II Tax credit (LIHTC) 400 State Highway 36, Middletown Twp 72 low-income homes · In service since 2008
- Hudson Ridge Family Tax credit (LIHTC) 100 Church St, Aberdeen 70 low-income homes · In service since 2018
- Presidential Estates (formerly Grant Court) Tax credit (LIHTC) 2 Hope Ln, Long Branch 70 low-income homes · In service since 2007
- Howell Family Apartments Tax credit (LIHTC) Intersection of West Farms Road and Fort Plains Road, Howell Twp 72 homes, 66 low-income
- Allaire Crossing #750 Tax credit (LIHTC) · HUD-assisted 2011 New Bedford Rd, Wall Township 07719 67 homes, 66 low-income · In service since 2005 · For older adults
- Allaire Crossing Tax credit (LIHTC) 2011 New Bedford Rd, Wall Township 66 low-income homes · In service since 2005
- Gregory School Garrett Estates Annex Tax credit (LIHTC) 157 7th Ave, Long Branch 64 low-income homes · In service since 2013
- The Renaissance Tax credit (LIHTC) 1012, 1100 and 1101 Springwood Avenue, Asbury Park 64 low-income homes
- The Renaissance at Asbury Park Tax credit (LIHTC) 1012 Springwood Ave, Asbury Park 64 low-income homes · In service since 2020
- Woodrow Wilson - Phase I Tax credit (LIHTC) 520 High St, Long Branch 64 low-income homes · In service since 2013
- Lincoln Village Public housing Asbury Park 07712 63 low-income homes · Run by Asbury Park Housing Authority · Average payment: $518 a month · Average wait: 31 months · (732) 774-2660
- Meadowbrook II Tax credit (LIHTC) 1200 Wayside Rd, Tinton Falls 63 low-income homes · In service since 2013
- Garfield Court Phase I Tax credit (LIHTC) 115 Rockwell Ave, Long Branch 67 homes, 61 low-income · In service since 2008
- Garfield II Housing Tax credit (LIHTC) 2 Hope Ln, Long Branch 61 homes, 60 low-income · In service since 2010
- Charles Lumley Homes Public housing 1004 Comstock St, Asbury Park 07712 60 low-income homes · Run by Asbury Park Housing Authority · Average payment: $338 a month · (732) 774-2660
- Neptune City Housing HUD-assisted 2030 6th Ave, Neptune City 07753 60 low-income homes · For older adults
- Pavillion at Luftman Tax credit (LIHTC) 43 Hurleys Ln, Lincroft 60 low-income homes · In service since 1998
- Pavillion at Luftman Towers Tax credit (LIHTC) 43 Hurleys Ln, Lincroft 60 low-income homes · 1 bd: 60 · In service since 1998
- Wesleyan Arms HUD-assisted 9 Wall St, Red Bank 07701 60 low-income homes · For older adults
- Washington Village Public housing 1259 Washington Ave, Asbury Park 07712 59 low-income homes · Run by Asbury Park Housing Authority · Average payment: $633 a month · Average wait: 37 months · (732) 774-2660
- Portland Pointe HUD-assisted 202 1st Ave, Atlantic Highlands 07716 58 homes, 57 low-income · For older adults · (609) 987-8900
- Hobart Manor Public housing 1 Hobart Mnr, Long Branch 07740 57 low-income homes · Run by Long Branch Housing Authority · Average payment: $524 a month · Average wait: 164 months · (732) 222-3747
- Woodrow Wilson Phase II Tax credit (LIHTC) 520 High St, Long Branch 56 low-income homes · In service since 2015
- President Estates Public housing 6 Sydney Way, Long Branch 07740 53 low-income homes · Run by Long Branch Housing Authority · Average payment: $771 a month · Average wait: 47 months · (732) 222-3747
- Gregory School PH II Tax credit (LIHTC) 157 7th Ave, Long Branch 52 low-income homes · In service since 2015
- Garfield Court Phase I Public housing 1 University Dr, Long Branch 07740 51 low-income homes · Run by Long Branch Housing Authority · Average payment: $941 a month · Average wait: 97 months · (732) 222-3747
- Almerth M. Battles Homes Public housing 56 N Taylor Ave, Neptune 07753 50 low-income homes · Run by Neptune Housing Authority · Average payment: $529 a month · Homes at several sites · (732) 774-7692
- Comstock Court Public housing 1018 1st Ave, Asbury Park 07712 50 low-income homes · Run by Asbury Park Housing Authority · Average payment: $409 a month · (732) 774-2660
- Belmar Plaza Apts Public housing 710 8th Ave, Belmar 07719 50 homes, 49 low-income · Run by Belmar Housing Authority · Average payment: $478 a month · Average wait: 18 months · (732) 681-1795
- Ocean Family Housing Tax credit (LIHTC) Cindy Lane, Ocean Twp 48 homes, 47 low-income
- Woodrow Wilson PH. III Tax credit (LIHTC) 11 Wardell Place, Long Branch 51 homes, 46 low-income · In service since 2014
- Holly House Apts HUD-assisted 100 Drury Ln, Asbury Park 07712 42 low-income homes · For families
- West Lake Senior Apartments Tax credit (LIHTC) 1609 W Lake Ave, Neptune 42 low-income homes · 1 bd: 42 · In service since 2012 · For older adults
- Locust Landing Phase I Tax credit (LIHTC) 105 Locust Ave, Red Bank 40 low-income homes · 1 bd: 9 · 2 bd: 31 · In service since 2012
- Midtown Senior Apartments Tax credit (LIHTC) 1512 Monroe Ave, Neptune 40 low-income homes · 1 bd: 40 · In service since 2012 · For older adults
- Seaview Manor - Phase I Tax credit (LIHTC) 73 Ellis Ave, Long Branch 40 low-income homes · In service since 2006
- Garfield Court Phase II Public housing 31 Hope Ln, Long Branch 07740 37 low-income homes · Run by Long Branch Housing Authority · Average payment: $914 a month · Average wait: 115 months · (732) 222-3747
- Church Street Senior Housing Tax credit (LIHTC) 43 Church St, Keansburg 33 low-income homes · In service since 2005 · For older adults
- Akabe Village Tax credit (LIHTC) 57 Wyckoff Road, Howell 32 low-income homes · In service since 2015
- Chapel Hill Affordables, LLC Tax credit (LIHTC) 1101 Abby Rd, Middletown 30 low-income homes · In service since 2007
- Seaview Manor Public housing 3 Ellis Ave, Long Branch 07740 29 low-income homes · Run by Long Branch Housing Authority · Average payment: $956 a month · Average wait: 122 months · (732) 222-3747
- Boston Way Village Public housing 1100 Boston Way, Asbury Park 07712 104 homes, 26 low-income · Run by Asbury Park Housing Authority · (732) 774-2660
- Fort Monmouth Tax credit (LIHTC) 1 Gosselin Ave, Oceanport 24 low-income homes · In service since 2018
- Operation Life HUD-assisted 384 2nd Ave, Long Branch 07740 24 low-income homes · For people with disabilities
- Wayside HUD-assisted 1150 Wayside Rd, Tinton Falls 07712 24 low-income homes · For people with disabilities
- Roosevelt Solar Village HUD-assisted 9 N Valley Rd, Roosevelt 08555 20 low-income homes · For older adults
- Woodrow Wilson Homes I Public housing Long Branch 07740 17 low-income homes · Run by Long Branch Housing Authority · Average payment: $704 a month · Average wait: 7 months · (732) 222-3747
- Woodrow Wilson Homes II Public housing Long Branch 07740 15 low-income homes · Run by Long Branch Housing Authority · Average payment: $830 a month · Average wait: 13 months · (732) 222-3747
- Gregory Senior Residences and Maestro An Public housing 157 7th Ave, Long Branch 07740 13 low-income homes · Run by Long Branch Housing Authority · Average payment: $379 a month · Average wait: 16 months · (732) 222-3747
- M&o Housing HUD-assisted 2550 Asbury Ave, Neptune 07753 12 low-income homes · For people with disabilities
- Oakland Square Tax credit (LIHTC) 76 Oakland St, Red Bank 12 low-income homes
- Tinton Woods HUD-assisted 1086 Maxim Southard Rd, Howell 07731 12 low-income homes · For people with disabilities
- Woodrow Wilson Homes III Public housing Long Branch 07740 12 low-income homes · Run by Long Branch Housing Authority · Average payment: $774 a month · (732) 222-3747
- Parkcrest Apts Tax credit (LIHTC) 602 5th Ave, Asbury Park 11 low-income homes · In service since 1994
- Allen House HUD-assisted 475 Stagecoach Rd, Millstone 08510 10 low-income homes · For older adults
- Luther Haven HUD-assisted 309 1st Ave, Asbury Park 07712 12 homes, 9 low-income · For people with disabilities
- Middletown Homes 2009 HUD-assisted 55 Middletown Ave, Atlantic Highlands 07716 8 low-income homes · For people with disabilities
- Monmouth Homes 2002 HUD-assisted 6 Crestwood Dr, Freehold 07728 7 low-income homes · For people with disabilities
- Alexandria Group Home HUD-assisted 1 Alexandria Dr, Manalapan 07726 6 low-income homes · For people with disabilities
- Bergerville Group Home HUD-assisted 122 Bergerville Rd, Freehold 07728 6 low-income homes · For people with disabilities
- Church Lane Group Home HUD-assisted 30 Church Ln, Manalapan 07726 6 low-income homes · For people with disabilities
- East Main Street Group Home HUD-assisted 93 E Main St, Freehold 07728 6 low-income homes · For people with disabilities · (732) 493-1919
- Monmouth Ucp Housing HUD-assisted 465 Dewey St, Long Branch 07740 6 low-income homes · For people with disabilities
- Shrewsbury HUD-assisted 935 Broad St, Shrewsbury 07702 6 low-income homes · For people with disabilities
- Glassworks at Aberdeen HUD-assisted 145 Cliffwood Ave, Cliffwood 07721 105 homes, 5 low-income · (856) 662-1730
- Allenwood Terrace Apartments HUD-assisted 2101 Allenwood Rd, Wall Township 07719 85 homes, 5 low-income · (813) 262-0401
- Aberdeen Senior Residences HUD-assisted 100 Church St, Aberdeen 07747 70 homes, 5 low-income
- Aberdeen Family Residences HUD-assisted 100 Church St, Aberdeen 07747 60 homes, 5 low-income · (973) 744-5410
- Fort Monmouth Historic Housing HUD-assisted 51 Gosselin Ave, Oceanport 07757 48 homes, 5 low-income · (973) 744-5410
- Gregory Senior Residences Phase 2 Public housing 157 7th Ave, Long Branch 07740 5 low-income homes · Run by Long Branch Housing Authority · (732) 222-3747
- Mattison Arms Tax credit (LIHTC) 1019 Mattison Ave, Asbury Park 5 low-income homes · In service since 1994
- Monmouth County Independant Living Complex HUD-assisted 17 Lincoln Pl, Freehold 07728 5 low-income homes · For people with disabilities
- Oakland Square Apartments HUD-assisted 76 Oakland St, Red Bank 07701 72 homes, 4 low-income · (980) 330-0521
- Eatontown Consumer Home HUD-assisted 65 Broad St, Eatontown 07724 4 low-income homes · For people with disabilities
- Farmingdale Group Home HUD-assisted 2 Ruset Ln, Farmingdale 07727 4 low-income homes · For people with disabilities
- Freehold Consumer Home HUD-assisted 27 Sheriff St, Freehold 07728 4 low-income homes · For people with disabilities · (732) 780-1175
- Newman Springs HUD-assisted 11 Williams Rd, Tinton Falls 07753 4 low-income homes · For people with disabilities
- Visions at Abescon Family HUD-assisted PO Box 286, Freehold 07728 24 homes, 3 low-income · (732) 780-8314
- Asbury Park Consumer Home HUD-assisted 1711 3rd Ave, Asbury Park 07712 3 low-income homes · For people with disabilities
- Community Options Eleanor HUD-assisted 74 Scenic Drive, Howell Township 07731 3 low-income homes · For people with disabilities
- Neptune Consumer Home HUD-assisted 1315 8th Ave, Neptune 07753 3 low-income homes · For people with disabilities
- Red Bank Consumer Home HUD-assisted 13 Spring St, Red Bank 07701 3 low-income homes · For people with disabilities
- 1503 1/2 Sewall Avenue Tax credit (LIHTC) 1503 1/2 Sewall Ave, Asbury Park 2 low-income homes · In service since 2012
- 1503 Sewall Avenue Tax credit (LIHTC) 1503 Sewall Ave, Asbury Park 2 low-income homes · In service since 1993
- 295 Shrewsbury Ave Tax credit (LIHTC) 295 Shrewsbury Ave, Red Bank 2 low-income homes · In service since 1992
- 405 Ridge Avenue Tax credit (LIHTC) 405 Ridge Ave, Asbury Park 2 low-income homes · In service since 2012
- Asbury Towers Tax credit (LIHTC) 1701 Ocean Ave, Asbury Park 07712 347 homes · In service since 2009
- Heritage Village @ Elton Corner #699 Tax credit (LIHTC) 895 Elton Adelphia Rd, Freehold 07728 150 homes · In service since 2006
- Heritage Village at Elton Corner Tax credit (LIHTC) 895 Elton Adelphia Rd, Freehold 150 homes · In service since 2006
- Tinton Falls Senior Citizens Tax credit (LIHTC) 2500 Shafto Rd, Tinton Falls 07712 120 homes · In service since 1998
- Heritage Village @ Manalapan Tax credit (LIHTC) 216 Woodward Rd, Manalapan 100 homes · In service since 2008
- Litc# 06403 Heritage Village at Manalapan Tax credit (LIHTC) 216 Woodward Rd, Manalapan 07726 100 homes · In service since 2008
- Rug Mill Senior Tax credit (LIHTC) 30 Jackson St, Freehold 07728 98 homes · In service since 2000
- Meadow Brook Apartments Litc#06406 Tax credit (LIHTC) 25 Pine St, Tinton Falls 07753 96 homes · In service since 2007
- Railroad Avenue Apts Tax credit (LIHTC) 8 Railroad Ave, Middletown 80 homes
- Wood Avenue Apartments Tax credit (LIHTC) 48 Wood Ave, Manalapan 07726 80 homes · In service since 2012
- Grant Court Tax credit (LIHTC) 2 Hope Ln, Long Branch 67 homes · In service since 2008
- Litc#07907 Garfield Court - Phase I Tax credit (LIHTC) PO Box 337, Long Branch 07740 67 homes · In service since 2008
- Litc#0918 Garfield II Tax credit (LIHTC) 2 Hope Ln, Long Branch 07740 61 homes · In service since 2010
- Gregory School and Garrett Street Annex PH II Tax credit (LIHTC) 157 7th Ave, Long Branch 52 homes · In service since 2015
- Woodrow Wilson Home Phase III Tax credit (LIHTC) 11 Wardell PL, Long Branch 51 homes
- West Lake Senior Apartments #702 Tax credit (LIHTC) 1609 W Lake Ave, Neptune 07753 42 homes · In service since 2012
- Midtown Senior Apts. #724 Tax credit (LIHTC) 1512 Monroe Ave, Neptune 07753 40 homes · In service since 2012
- Seaview Manor Tax credit (LIHTC) 224 Seaview Ave, Long Branch 40 homes · In service since 2006
- Seaview Manor #732 Tax credit (LIHTC) 2 Hope Ln, Long Branch 07740 40 homes · In service since 2006
- Litc#0743 Chapel Hill Affordables Tax credit (LIHTC) 1100 Abby Rd, Middletown 07748 30 homes · In service since 2007
- 1503 1/2 Sewall Avenue #278 Tax credit (LIHTC) 1503 1/2 Sewall Ave, Asbury Park 07712 2 homes · In service since 2012
- 1503 Sewall Avenue #332 Tax credit (LIHTC) 1503 Sewall Ave, Asbury Park 07712 2 homes · In service since 2012
- 405 Ridge Avenue #331 Tax credit (LIHTC) 405 Ridge Ave, Asbury Park 07712 2 homes · In service since 2012
- Sewall Avenue Tax credit (LIHTC) 1503 1/2 Sewall Ave, Asbury Park 2 homes · In service since 2012
- Keansburg Mixed Income Tax credit (LIHTC) 250 Beachway Ave, Keansburg In service since 2020
2 properties have two programs at the same address and appear once. Search HUD's map
Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.
Section 8
The Section 8 voucher in Monmouth County
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. Your public housing agency runs it. 12 agencies serve in Monmouth County. Here is what the rules say:
The rules, with their source
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You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. Source: HUD
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Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). Source: 24 CFR §5.603, §982.201(b)
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Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). Source: 24 CFR §982.201(b)(2)
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If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. Source: 24 CFR §982.1(a)(3)
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When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. Source: 24 CFR §982.508
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Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. Source: 24 CFR §982.503(b), (c)
| People | Extremely low (30%) | Very low (50%) | Low |
|---|---|---|---|
| 1 person | $29,550 | $49,250 | $76,000 |
| 2 people | $33,800 | $56,250 | $86,850 |
| 3 people | $38,000 | $63,300 | $97,700 |
| 4 people | $42,200 | $70,300 | $108,550 |
| 5 people | $45,600 | $75,950 | $117,250 |
| 6 people | $49,000 | $81,550 | $125,950 |
| 7 people | $52,350 | $87,200 | $134,650 |
| 8 people | $55,750 | $92,800 | $143,300 |
Area median income: $140,600. HUD income limits by family size, Fiscal year 2026. Area: Monmouth-Ocean, NJ HUD Metro FMR Area. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $1,504 – $1,838
- 1 bedroom $1,662 – $2,032
- 2 bedrooms $2,055 – $2,511
- 3 bedrooms $2,634 – $3,220
- 4 bedrooms $2,917 – $3,565
The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.
Housing agencies that serve this place
- Monmouth County PHA Section 8 vouchers · 1,899 vouchers (732) 431-6000 Monmouth County PHA: Katrina.Hawkins@co.monmouth.nj.us
- Long Branch Housing Authority Public housing and Section 8 vouchers · 969 vouchers · 449 public housing units (732) 222-3747 Long Branch Housing Authority: salfred@lbhousing.org
- Asbury Park Housing Authority Public housing and Section 8 vouchers · 360 vouchers · 567 public housing units (732) 774-2660 Asbury Park Housing Authority: sdaniels@aphanj.org
- Neptune Housing Authority Public housing and Section 8 vouchers · 338 vouchers · 285 public housing units (732) 774-7692 Neptune Housing Authority: bcook1@tnha.org
- Housing Authority of the Township of Middleto Section 8 vouchers · 379 vouchers (732) 671-2990 Housing Authority of the Township of Middleto: sthomas@mhanj.net
- Housing Authority of the Borough of Red Bank Public housing and Section 8 vouchers · 264 vouchers · 90 public housing units (732) 741-1808 Housing Authority of the Borough of Red Bank: LRichardson@RedBankHousing.org
- Keansburg Housing Authority Section 8 vouchers · 333 vouchers (732) 787-6151 Keansburg Housing Authority: ddzema@perthamboyha.org
- Collaborative Support Programs of NJ Section 8 vouchers · 153 vouchers (732) 780-1175 Collaborative Support Programs of NJ: jfarkas@cspnj.org
- Community Enterprises Corporation Section 8 vouchers · 140 vouchers (732) 780-1175 Community Enterprises Corporation: jbutcher-farkas@cspnj.org
- Freehold Housing Authority Public housing · 85 public housing units (732) 462-2421
- Belmar Housing Authority Public housing · 49 public housing units (732) 681-1795 Belmar Housing Authority: anecklen@boro.belmar.nj.us
- Highlands Housing Authority Public housing (732) 872-2022 Highlands Housing Authority: ddzema@perthamboyha.org
Housing agencies in New Jersey Source: HUD, Retrieved November 6, 2026
Your rights as a tenant in New Jersey
What New Jersey law says about deposits, notices and eviction, with the citation for each rule.
See your rights, rule by ruleCompare these rules with other states →
A summary of state law, not legal advice. Cities may have additional rules.
- How much can they charge for a deposit?
- Up to 1.5 months of rent
- N.J.S.A. 46:8-21.2
- When must they return my deposit?
- 30 days
- N.J.S.A. 46:8-21.1
- Only a court order can remove youN.J.S.A. 2A:39-1
- Protection from retaliationN.J.S.A. 2A:42-10.10
Help
Where to get help with rent in Monmouth County
These HUD-approved agencies have offices in Monmouth County. They counsel for free or at low cost.
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Navicore Solutions
200 US Highway 9, Manalapan · Spanish
- Mortgage delinquency and default
- Budget and financial counseling
- and 5 more
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Navicore Solutions - Manalapan, NJ
200 US Highway 9, Manalapan · Spanish
- Mortgage delinquency and default
- Budget and financial counseling
- and 6 more
Rental assistance programs
The ones that serve in Monmouth County or the whole state, with what each page says about being open.
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Low Income Home Energy Assistance Program (LIHEAP): Home Energy Assistance
Run by New Jersey Department of Community Affairs (DCA)
New Jersey help for very low-income residents with heating and cooling bills, and with past-due electric and gas bills
Open, per the source
See details -
Omnibus Eviction and Homelessness Prevention (OEHP) program
Run by New Jersey Department of Community Affairs (DCA), Office of Eviction Prevention
New Jersey program that, through organizations in all 21 counties, helps renters with back rent, moving and free legal advice when facing eviction
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in Monmouth County. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.
Count power on top of the rent: in New Jersey, the average home bill was $128 a month in 2024 (EIA). See electricity and gas costs
Your move
We use the place's fair market rent and the state's deposit rule.
Adjust advanced details
Let's do the math
Cash to move in
$4,566
What you need before you get the keys.
What adds up
- First month
- $2,283
- Security deposit
- $2,283
- Total
- $4,566
When you'll have it
Enter what you can set aside each month to see how long it takes.
What helps
- Ask for a receipt for every payment and keep a copy of the lease.
- On move-in day, walk through the home and take dated photos.
- Never send money for a home you haven't seen or a lease you haven't read.
This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.
Frequently asked questions
What is the fair market rent in Monmouth County?
According to HUD (Fiscal year 2027): Studio: $1,671; 1 bedroom: $1,847; 2 bedrooms: $2,283; 3 bedrooms: $2,927; 4 bedrooms: $3,241. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in Monmouth County?
Paying the 2-bedroom fair market rent ($2,283) without spending more than 30% of income takes $43.90 an hour full time, or $91,320 a year.
Who qualifies for Section 8 in Monmouth County?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $70,300 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.
How much does Section 8 pay in Monmouth County?
The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $2,055 and $2,511 a month. Your agency publishes its figure.
Does the fair market rent change by ZIP code in Monmouth County?
For 2 bedrooms they run from $1,200 in 07738 to $3,420 in 07746. Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses.
How many low-income apartments are there in Monmouth County?
HUD lists 169 properties with homes for low-income households in Monmouth County: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest. For tax-credit apartments and HUD-assisted buildings, you apply directly at the building's management office. They tell you whether units are open and how to apply; HUD does not have that information.
How many households spend too much on rent in Monmouth County?
HUD counts rent as a burden when it reaches 30% of income or more. In Monmouth County, 53% of renter households are in that position; in New Jersey, 52%, and nationwide, 51% (Average 2020–2024, Census).