About This Property
Wade D Mertz is a 103-unit residential community in Sharpsville, Pennsylvania that serves elderly residents. The property contains 102 low-income units and was placed in service in 1989. All units are one-bedroom configurations.
Property Details
Fair Market Rent - Mercer County, PA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $656 |
| 1 Bedroom | $661 |
| 2 Bedroom | $845 |
| 3 Bedroom | $1,148 |
| 4 Bedroom | $1,233 |
Income Limits - Mercer County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,300
- Low (80%)
- $53,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,300
- Low (80%)
- $66,100
- Extremely Low (30%)
- $44,000
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,650 | $42,650 |
| 3 Persons | $21,960 | $30,000 | $48,000 |
| 4 Persons | $26,500 | $33,300 | $53,300 |
| 5 Persons | $31,040 | $36,000 | $57,600 |
| 6 Persons | $35,580 | $38,650 | $61,850 |
| 7 Persons | $40,120 | $41,300 | $66,100 |
| 8 Persons | $44,000 | $44,000 | $70,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sharpsville, PA?+
The Fair Market Rent (FMR) for Mercer County, PA is: $656 (Studio), $661 (1BR), $845 (2BR), $1148 (3BR), $1233 (4BR). Actual rent at subsidized properties like Wade D Mertz is typically 30% of household income or less.
What size apartments are available at Wade D Mertz?+
Wade D Mertz offers the following unit types: 103 One-Bedroom units, for a total of 103 units.
How do I apply for housing at Wade D Mertz?+
Wade D Mertz 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 Sharpsville, PA?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 1-bedroom: $661. Actual rent at Wade D Mertz may be lower for income-eligible households.
Who manages Wade D Mertz?+
Wade D Mertz is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Wade D Mertz?+
Wade D Mertz primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Mercer County, PA?+
For a 4-person household in Mercer County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,300, Low Income (80% AMI): $53,300. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
