About This Property
Ryan Village Apartments consists of 44 low-income units in Princeton, WV, with a mix of twelve 1-bedroom and thirty-two 2-bedroom apartments designed to serve families. The property has been in service since 2015 and is owned and operated by a non-profit organization with support from HOME funding. Interested parties can contact the property for information about availability and application procedures.
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 Ryan Village Apartments is typically 30% of household income or less.
What size apartments are available at Ryan Village Apartments?+
Ryan Village Apartments offers the following unit types: 12 One-Bedroom, 32 Two-Bedroom units, for a total of 44 units.
Who manages Ryan Village Apartments?+
Ryan Village Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Ryan Village Apartments?+
Ryan Village 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 Ryan Village Apartments?+
Ryan Village Apartments primarily serves families. 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, 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, 2-bedroom: $848. Actual rent at Ryan Village Apartments may be lower for income-eligible households.
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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