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Mercantile Square

1545 Wazee St, Denver, CO, 80202

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Mercantile Square comprises 94 units in Denver, including 76 low-income units available through the Low-Income Housing Tax Credit program. The property features a mix of studio, one-bedroom, two-bedroom, and three-bedroom units, with 28 studios, 32 one-bedroom, 28 two-bedroom, and 6 three-bedroom apartments. The property has been in service since 1996.

Waitlist Information

Waitlist managed by Housing Authority of the City and County of Denver

Public Housing Waitlist
Closed

The Public Housing waitlist is currently closed. Information regarding future openings is not available on this page.

Last verified April 11, 2026
Section 8 (HCV) Waitlist
Opening Soon
Opens September 1, 2026
Closed September 30, 2026

The lottery is expected to open in early fall 2026. Specific dates for the annual online lottery are announced in local papers, on the DHA phone system, and their website.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
94
Studio
28
1 Bedroom
32
2 Bedroom
28
3 Bedroom
6

Fair Market Rent - Denver County, CO

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,658
1 Bedroom$1,835
2 Bedroom$2,201
3 Bedroom$2,874
4 Bedroom$3,225

Income Limits - Denver County, CO

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$22,050
Very Low (50%)
$36,700
Low (80%)
$55,950
2 Persons
Extremely Low (30%)
$25,200
Very Low (50%)
$41,950
Low (80%)
$63,950
3 Persons
Extremely Low (30%)
$28,350
Very Low (50%)
$47,200
Low (80%)
$71,950
4 Persons
Extremely Low (30%)
$31,450
Very Low (50%)
$52,400
Low (80%)
$79,900
5 Persons
Extremely Low (30%)
$34,000
Very Low (50%)
$56,600
Low (80%)
$86,300
6 Persons
Extremely Low (30%)
$36,500
Very Low (50%)
$60,800
Low (80%)
$92,700
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$65,000
Low (80%)
$99,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$69,200
Low (80%)
$105,500

Tax Credit Program Details

Year Placed in Service
1996
LIHTC Credit Type
9%
Low-Income Units
76 / 94

Frequently Asked Questions

What is the average rent for affordable housing in Denver, CO?+

The Fair Market Rent (FMR) for Denver County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Mercantile Square is typically 30% of household income or less.

What size apartments are available at Mercantile Square?+

Mercantile Square offers the following unit types: 28 Studio, 32 One-Bedroom, 28 Two-Bedroom, 6 Three-Bedroom units, for a total of 94 units.

Who manages Mercantile Square?+

Mercantile Square is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Mercantile Square?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What is the price range for apartments in Denver, CO?+

Based on Fair Market Rent for Denver County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Mercantile Square may be lower for income-eligible households.

What are the income limits for affordable housing in Denver County, CO?+

For a 4-person household in Denver County, CO, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,400, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

How do I apply for housing at Mercantile Square?+

Mercantile Square is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Begin Application Now

Walk Score

Walker's Paradise

93
Walk
88
Transit
91
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Denver County, CO

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Housing Resources in Denver, CO

HUD-Approved Counseling Agencies

COLORADO HOUSING ASSISTANCE CORPORATION

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

DEL NORTE NEIGHBORHOOD DEVELOPMENT CORPORATION (NDC)

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

DENVER HOUSING AUTHORITY

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops