About This Property
Mercantile Apartments is a 324-unit community in Fort Worth, Texas that has been in service since 2017. The property includes 311 low-income units with a mix of one-, two-, three-, and four-bedroom floor plans, serving families, elderly residents, disabled individuals, and formerly homeless households. The community is financed through 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of Fort Worth
The Public Housing program is presently closed to new applications. Fort Worth Housing Solutions manages 195 public housing units. Families with children, elderly applicants, and disabled individuals may receive priority placement.
FWHS is not currently accepting Wait List applications for the Housing Choice Voucher program. They maintain a waitlist through a lottery system.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
Fair Market Rent - Tarrant County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,266 |
| 1 Bedroom | $1,384 |
| 2 Bedroom | $1,617 |
| 3 Bedroom | $2,144 |
| 4 Bedroom | $2,615 |
Income Limits - Tarrant County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,000
- Very Low (50%)
- $28,300
- Low (80%)
- $45,300
- Extremely Low (30%)
- $19,400
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,400
- Low (80%)
- $58,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,100
- Low (80%)
- $80,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,350
- Low (80%)
- $85,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,000 | $28,300 | $45,300 |
| 2 Persons | $19,400 | $32,350 | $51,750 |
| 3 Persons | $21,960 | $36,400 | $58,200 |
| 4 Persons | $26,500 | $40,400 | $64,650 |
| 5 Persons | $31,040 | $43,650 | $69,850 |
| 6 Persons | $35,580 | $46,900 | $75,000 |
| 7 Persons | $40,120 | $50,100 | $80,200 |
| 8 Persons | $44,660 | $53,350 | $85,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fort Worth, TX?+
The Fair Market Rent (FMR) for Tarrant County, TX is: $1266 (Studio), $1384 (1BR), $1617 (2BR), $2144 (3BR), $2615 (4BR). Actual rent at subsidized properties like Mercantile Apartments is typically 30% of household income or less.
What size apartments are available at Mercantile Apartments?+
Mercantile Apartments offers the following unit types: 12 One-Bedroom, 168 Two-Bedroom, 128 Three-Bedroom, 16 Four-Bedroom units, for a total of 324 units.
How do I apply for housing at Mercantile Apartments?+
Mercantile Apartments 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.
Who is eligible to live at Mercantile Apartments?+
Mercantile Apartments primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. 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 Tarrant County, TX?+
For a 4-person household in Tarrant County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,400, Low Income (80% AMI): $64,650. These limits are set by HUD and updated annually.
What is the price range for apartments in Fort Worth, TX?+
Based on Fair Market Rent for Tarrant County, the estimated price range is: 1-bedroom: $1384, 2-bedroom: $1617, 3-bedroom: $2144. Actual rent at Mercantile Apartments may be lower for income-eligible households.
Is there a waitlist for Mercantile Apartments?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Mercantile Apartments?+
Mercantile Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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