About This Property
Bluestone Apts comprises 38 one-bedroom units designated for low-income households in Princeton, Mercer County, West Virginia. The property was placed in service in 1995 and receives 4% Low-Income Housing Tax Credit financing. Management contact information is available upon request.
Property Details
Fair Market Rent - Mercer County, WV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $575 |
| 1 Bedroom | $690 |
| 2 Bedroom | $848 |
| 3 Bedroom | $1,165 |
| 4 Bedroom | $1,250 |
Income Limits - Mercer County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,200
- Low (80%)
- $30,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,950
- Low (80%)
- $35,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,700
- Low (80%)
- $39,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $31,800
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $36,200
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,200 | $30,700 |
| 2 Persons | $17,420 | $21,950 | $35,100 |
| 3 Persons | $21,960 | $24,700 | $39,500 |
| 4 Persons | $26,500 | $27,400 | $43,850 |
| 5 Persons | $29,600 | $29,600 | $47,400 |
| 6 Persons | $31,800 | $31,800 | $50,900 |
| 7 Persons | $34,000 | $34,000 | $54,400 |
| 8 Persons | $36,200 | $36,200 | $57,900 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Princeton, WV?+
The Fair Market Rent (FMR) for Mercer County, WV is: $575 (Studio), $690 (1BR), $848 (2BR), $1165 (3BR), $1250 (4BR). Actual rent at subsidized properties like Bluestone Apts is typically 30% of household income or less.
What size apartments are available at Bluestone Apts?+
Bluestone Apts offers the following unit types: 38 One-Bedroom units, for a total of 38 units.
What are the income limits for affordable housing in Mercer County, WV?+
For a 4-person household in Mercer County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,400, Low Income (80% AMI): $43,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Princeton, WV?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 1-bedroom: $690. Actual rent at Bluestone Apts may be lower for income-eligible households.
Who manages Bluestone Apts?+
Bluestone Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bluestone Apts?+
Bluestone 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Bluestone Apts
Mercer Manor Apts
Princeton, WV
37 UnitsPauli Heights Apts
Bluefield, WV
56 Units
Centennial Heights
Bluefield, VA
30 Units
Housing Authority of the City of Bluefield
Bluefield, WV
558 UnitsDara Heights Apts
Princeton, WV
48 UnitsTiffany Manor
Bluefield, WV
4 Units