Low Income Apartments and Affordable Housing For Rent in Mercer County, WV

Discover affordable housing in Mercer County where there are 17+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Tremont Park

400 Tremont Park Circle, Bluefield, West Virginia 24701

Ryan Village

200 Ryan Village, Princeton, West Virginia 24740

Fox Ridge

100 Church Lane, Princeton, West Virginia 24740

Bluestone Apartments

100 Blue Rock Cir, Princeton, West Virginia 24739

Princeton Towers

901 Stafford Dr, Princeton, West Virginia 24740

Princeton Village

601 Low Gap Rd, Princeton, West Virginia 24740

West Virginian Manor

415 Federal Street, Bluefield, West Virginia 24701

Dara Heights Apartments

214 Dara Heights Pl, Princeton, West Virginia 24739

Mercer Manor Apartments

200 Church Ln, Princeton, West Virginia 24740

Pauli Heights Apartments

230 Pauli Heights Pl, Bluefield, West Virginia 24701

Pepperidge Apts

137 Bratton Ave, Princeton, West Virginia

Kennedy Center Lp

524 Federal St, Bluefield, West Virginia 24701

Tiffany Manor

1600 Hill Ave, Bluefield, West Virginia 24701

Case Kennedy Center

525 Bland St, Bluefield, West Virginia 24701

Pauli Heights Limited Partners

653 Halls Ridge Rd, Princeton, West Virginia 24739

943 Building Apartments

943 Mercer St, Princeton, West Virginia 24740

Midtown Apartments Complex

700 Mercer St, Princeton, West Virginia 24740

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mercer County, West Virginia
$16.06/hour
$7.31 (+84%) more than West Virginia minimum wage and $8.81 (+122%) more than the Federal minimum wage.
Learn More About Mercer County, West Virginia Affordable Housing ↓

How many renters live in Mercer County, West Virginia?

The County of Mercer County has 59,530 people living in 24,471 households.

There are 17,474 renters living in 7,353 renter households in this County. Renters make up 29.35 percent of the population living in Mercer County.

What is the rental market like in Mercer County, West Virginia?

There are an estimated 29,375 housing units in the Mercer County area. Of these, 7,771 units are rental homes, making up 26 percent of the housing market. For every renter household in Mercer County, West Virginia, there are 1 rental units.

What is the vacancy rate for rentals in Mercer County?

The rental vacancy rate in Mercer County is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Mercer County for each bedroom size?

Occupied Rental Units by Size in Mercer County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
301 710 3,108 2,444 731
Occupied Rental Units by Size in Mercer County

A large number of apartments in Mercer County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Mercer County are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 15 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Mercer County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $575 to $1,250. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $575
One BR $690
Two BR $848
Three BR $1,165
Four BR $1,250
2024 Fair Market Rents in Mercer County, West Virginia

How many units are rented at Fair Market Rent (FMR) in Mercer County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 219 73 percent
One BR 469 66 percent
Two BR 1,796 58 percent
Rental Units Below FMR in Mercer County, West Virginia

How many affordable rental units are in Mercer County?

There are a variety of federal affordable housing programs serving households in Mercer County, West Virginia including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 183
Public Housing 163
Section 8 Project-Based Rental Assistance 381
USDA Section 515 Rural Rental Housing 305
Tracked Units by Federal Program in Mercer County, West Virginia

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Mercer County, West Virginia

Mercer County features 785 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Mercer County, West Virginia

There are 308 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mercer County.

Housing Choice Vouchers in Mercer County, West Virginia

On average, Section 8 Housing Choice vouchers pay Mercer County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mercer County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mercer County, West Virginia for a two-bedroom apartment is between $763 and $933.

Sourced from federal housing data and AffordableHousingOnline.com research.