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Affordable apartments in Lakewood, New Jersey

6 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

5 lihtc1 section 8

Buildings

LAKEWOOD PLAZA SECTION II

LIHTC
154A DR. MARTIN LUTHER KING DRIVE, LAKEWOOD, NJ, 8701
Income-restricted units
137 of 151
Year placed in service
2012

Estimated total housing cost: $1,619 rent + $155 utilities = $1,774/mo

Contact property management for current availability. Waitlists may apply.

Chambers Crescent

Section 8
483 Cedar Bridge Ave, Lakewood, NJ, 08701
Income-restricted units
62 of 62
Year placed in service
Not reported

Estimated total housing cost: $1,619 rent + $155 utilities = $1,774/mo

Contact property management for current availability. Waitlists may apply.

CHAMBERS CRESCENT

LIHTC
100 CRESCENT COURT, LAKEWOOD, NJ, 8701
Income-restricted units
62 of 62
Year placed in service
2016

Estimated total housing cost: $1,619 rent + $155 utilities = $1,774/mo

Contact property management for current availability. Waitlists may apply.

MACEDONIA SENIOR HOUSING

LIHTC
140 JOHN STREET, LAKEWOOD, NJ, 8701
Income-restricted units
50 of 50
Year placed in service
1999

Estimated total housing cost: $1,619 rent + $155 utilities = $1,774/mo

Contact property management for current availability. Waitlists may apply.

LAKEWOOD PLAZA SECTION II #216

LIHTC
154A MARTIN LUTHER KING DR, LAKEWOOD, NJ, 08701
Income-restricted units
0 of 151
Year placed in service
2012

Estimated total housing cost: $1,619 rent + $155 utilities = $1,774/mo

Contact property management for current availability. Waitlists may apply.

MACEDONIA SENIOR HOUSING #524

LIHTC
144 JOHN ST, LAKEWOOD, NJ, 08701
Income-restricted units
0 of 50
Year placed in service
2012

Estimated total housing cost: $1,619 rent + $155 utilities = $1,774/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in New Jersey

Residential electricity in New Jersey runs about 22.80¢/kWh, with a typical monthly residential electric bill near $155. Natural gas runs about $15.72/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Lakewood, NJ

Metro-level
BedroomsLocal FMRNational median
Studio$1,376n/a
1 bedroom$1,538n/a
2 bedroom$1,619$1,502
3 bedroom$2,105n/a
4 bedroom$2,429n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Ocean County, NJ

New York-Newark-Jersey City, NY-NJ. FY2025. Area median income: $136,800.

Household size30% AMI50% AMI80% AMI
1 person$28,750$47,900$72,950
2 people$32,850$54,750$83,400
3 people$36,950$61,600$93,800
4 people$41,050$68,400$104,200
5 people$44,350$73,900$112,550
6 people$47,650$79,350$120,900
7 people$50,950$84,850$129,250
8 people$54,200$90,300$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby New Jersey cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Lakewood cost-of-living and Fair Market Rent overview