About This Property
Midtown Apts Complex comprises 49 low-income units in Princeton, WV. The property features one studio unit and 48 two-bedroom units and has been in service since 1997. This Mercer County complex provides affordable rental housing options in the area.
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 Midtown Apts Complex is typically 30% of household income or less.
What size apartments are available at Midtown Apts Complex?+
Midtown Apts Complex offers the following unit types: 1 Studio, 48 Two-Bedroom units, for a total of 49 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.
Who manages Midtown Apts Complex?+
Midtown Apts Complex is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Princeton, WV?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 2-bedroom: $848. Actual rent at Midtown Apts Complex may be lower for income-eligible households.
How do I apply for housing at Midtown Apts Complex?+
Midtown Apts Complex 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
Location
Mercer County, WV
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