What HUD offices serve Atlantic City, 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.
Go to the New Jersey Public Housing and Low-Income Apartments Waiting Lists page for openings near Atlantic City.
How many renters live in Atlantic City, New Jersey?
The City of Atlantic City has people living in households.
There are renters living in renter households in this City. Renters make up 69.6 percent of the population living in Atlantic City.
What is the rental market like in Atlantic City, New Jersey?
There are an estimated housing units in the Atlantic City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Atlantic City, New Jersey, there are 1.07 rental units.
What is the vacancy rate for rentals in Atlantic City?
The rental vacancy rate in Atlantic City is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Atlantic City for each bedroom size?
Occupied Rental Units by Size in Atlantic City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 996 | 4,073 | 3,902 | 1,853 | 509 |
Occupied Rental Units by Size in Atlantic City
A large number of apartments in Atlantic City 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 Atlantic City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,172 to $2,584. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,172 |
| One BR | $1,340 |
| Two BR | $1,670 |
| Three BR | $2,353 |
| Four BR | $2,584 |
2024 Fair Market Rents in Atlantic City, New Jersey
How many units are rented at Fair Market Rent (FMR) in Atlantic City?
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:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 741 | 74 percent |
| One BR | 3,345 | 82 percent |
| Two BR | 3,280 | 84 percent |
Rental Units Below FMR in Atlantic City, New Jersey
How many affordable rental units are in Atlantic City?
There are a variety of federal affordable housing programs serving households in Atlantic City, New Jersey including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Atlantic City, New Jersey
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Atlantic City, New Jersey
Atlantic City features 3,706 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 Atlantic City, New Jersey
There are 500 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Atlantic City.
Housing Choice Vouchers in Atlantic City, New Jersey
On average, Section 8 Housing Choice vouchers pay Atlantic City landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Atlantic City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Atlantic City, New Jersey for a two-bedroom apartment is between $1,503 and $1,837.
Sourced from federal housing data and AffordableHousingOnline.com research.
