About This Property
Mercer County Family Apts offers 16 two-bedroom units designed for low-income households in Princeton, Missouri. The property has been in service since 1994 and provides rental housing in Mercer County.
Waitlist Information
Waitlist managed by Princeton Housing Authority
The Princeton Housing Authority is not accepting Public Housing waiting list pre-applications at this time. Eligibility depends on annual gross income, age or disability status, and US citizenship or eligible immigration. Declining two invitations to apply will purge the application from the waitlist.
The Section 8 (HCV) waitlist opened on May 31, 2026. Eligibility is based on income (e.g., for a 4-person household in Mercer County, MO, Extremely Low Income is $26,500), family size, and US citizenship or eligible immigration. The PHA typically covers about 70% of the tenant's rent. Preferences may include elderly or local applicants.
Waitlist data provided by section8waitlist.org
Updated July 8, 2026
Property Details
Fair Market Rent - Mercer County, MO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $601 |
| 1 Bedroom | $607 |
| 2 Bedroom | $797 |
| 3 Bedroom | $1,123 |
| 4 Bedroom | $1,217 |
Income Limits - Mercer County, MO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,650
- Low (80%)
- $33,000
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,600
- Low (80%)
- $37,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,550
- Low (80%)
- $42,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,450
- Low (80%)
- $47,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,850
- Low (80%)
- $50,900
- Extremely Low (30%)
- $34,200
- Very Low (50%)
- $34,200
- Low (80%)
- $54,650
- Extremely Low (30%)
- $36,550
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $38,900
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,650 | $33,000 |
| 2 Persons | $17,420 | $23,600 | $37,700 |
| 3 Persons | $21,960 | $26,550 | $42,400 |
| 4 Persons | $26,500 | $29,450 | $47,100 |
| 5 Persons | $31,040 | $31,850 | $50,900 |
| 6 Persons | $34,200 | $34,200 | $54,650 |
| 7 Persons | $36,550 | $36,550 | $58,450 |
| 8 Persons | $38,900 | $38,900 | $62,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Princeton, MO?+
The Fair Market Rent (FMR) for Mercer County, MO is: $601 (Studio), $607 (1BR), $797 (2BR), $1123 (3BR), $1217 (4BR). Actual rent at subsidized properties like Mercer County Family Apts is typically 30% of household income or less.
What size apartments are available at Mercer County Family Apts?+
Mercer County Family Apts offers the following unit types: 16 Two-Bedroom units, for a total of 16 units.
Who manages Mercer County Family Apts?+
Mercer County Family Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Mercer County Family Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Mercer County Family Apts?+
Mercer County Family Apts 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.
What is the price range for apartments in Princeton, MO?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 2-bedroom: $797. Actual rent at Mercer County Family Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Mercer County, MO?+
For a 4-person household in Mercer County, MO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,450, Low Income (80% AMI): $47,100. These limits are set by HUD and updated annually.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
