Low Income & Subsidized Housing in Neptune, NJ

There are 9 subsidized and income-restricted properties in Neptune with roughly 624 assisted units — including 2 project-based Section 8 buildings, 3 public housing developments, and 3 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $447 to $844 per month. Median reported wait: about 12 months.

9
assisted properties
624
subsidized units
$646
typical rent
12 mo
median wait

Map of subsidized housing in Neptune

Complete directory of subsidized housing in Neptune

PropertyUnitsAvg rentReported wait
Sebastian Villa Apartments - 5621 PB Section 8 144$447
Richard Stout Homes Public Housing 130$456 11 mo
Ridge Court Public Housing 105$844 98 mo
Winding Ridge - Litc#1766 LIHTC 98
Almerth M. Battles Homes Public Housing 50$528 12 mo
West Lake Senior Apartments #702 LIHTC 42
Midtown Senior Apts. #724 LIHTC 40
M&o Housing, Inc. PB Section 8 12$451
Neptune Consumer Home §811 3

Section 8 apartments in Neptune (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

PropertyUnitsAvg rentReported wait
Sebastian Villa Apartments - 5621 PB Section 8 144$447
M&o Housing, Inc. PB Section 8 12$451

Public housing developments in Neptune

Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →

PropertyUnitsAvg rentReported wait
Richard Stout Homes Public Housing 130$456 11 mo
Ridge Court Public Housing 105$844 98 mo
Almerth M. Battles Homes Public Housing 50$528 12 mo

LIHTC & affordable tax-credit apartments in Neptune

Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →

PropertyUnitsAvg rentReported wait
Winding Ridge - Litc#1766 LIHTC 98
West Lake Senior Apartments #702 LIHTC 42
Midtown Senior Apts. #724 LIHTC 40

Voucher rent limits: Monmouth County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Monmouth County: studio $1,676, 1-BR $1,889, 2-BR $2,328, 3-BR $3,043, 4-BR $3,371.

Full FMR table for Monmouth County →

How to apply for subsidized housing in Neptune

  1. Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
  2. Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
  3. Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
  4. Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.