About This Property
Mercer Manor Apts comprises 37 one-bedroom units designed to serve elderly and disabled residents in Princeton, WV. The property has been in service since 2011 and operates as a low-income housing community. All units are designated for low-income occupancy.
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 |
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 Mercer Manor Apts is typically 30% of household income or less.
What size apartments are available at Mercer Manor Apts?+
Mercer Manor Apts offers the following unit types: 37 One-Bedroom units, for a total of 37 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.
How do I apply for housing at Mercer Manor Apts?+
Mercer Manor 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, WV?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 1-bedroom: $690. Actual rent at Mercer Manor Apts may be lower for income-eligible households.
Who manages Mercer Manor Apts?+
Mercer Manor Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Mercer Manor Apts?+
Mercer Manor Apts primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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