About This Property
Oakwood Terrace Apts consists of 23 units in Princeton, Missouri, located in Mercer County. The property was placed in service in 8888. Contact the property management office for additional information regarding availability and lease terms.
Waitlist Information
Waitlist managed by Princeton Housing Authority
The Princeton Housing Authority is not accepting Public Housing waiting list pre-applications at this time.
The Housing Choice Voucher (Section 8) waiting list is currently accepting pre-applications. No specific open or close dates are published. General preferences may include veterans, elderly, disabled, working families, or local residents, with eligibility requiring income below 50% of the area median income (30% preferred).
Waitlist data provided by section8waitlist.org
Updated April 18, 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 |
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 Oakwood Terrace Apts is typically 30% of household income or less.
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.
Who manages Oakwood Terrace Apts?+
Oakwood Terrace Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Oakwood Terrace 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 Oakwood Terrace Apts?+
Oakwood Terrace 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
