As a benefit of restoring a historic building utilizing state and federal tax credits and abatements, a portion of The Merchandise Mart Apartments will be set aside as an "Affordable Alternative." Households who meet established guidelines can qualify for the Affordable Alternative lofts, which carry a reduced rental rate.
These lofts are identical to lofts throughout the rest of the property and they benefit from all of the same amenities.
These lofts will provide an opportunity for more St. Louisians to experience the high quality housing offered in the downtown loft district.
All residents of The Merchandise Mart Apartments will be required to meet the same stringent credit and background criteria.
Affordable Alternative Prices
1 Bedroom - $670*
2 Bedroom -
$805*
Income Limits for Affordable Alternative Prices
Household Size Maximum Gross Annual Income
1
person
$29,640
2
people
$33,840
3
people
$38,100
4
people
$42,300