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An extensive list of coronavirus resources for low-income households can be found here.

Affordable Housing In Madison County

8 Low Income Apartment Communities In Madison County

Madison Heights Apartments

150 SW Bum Gardener Drive
Madison, Florida
1-4 BR

Southern Villas of Madison

315 SW Lawson Circle
Madison, Florida
Call For Rent
1-3 BR

Greenville Pointe Apartments

202 SW Greenville Pointe Cir
Greenville, Florida
Accepts Vouchers

Gardenia Square CO Hallmark Mgmt

363 SW Parramore Ave
Madison, Florida

Cambridge Manor

400 SW Sumatra Ave
Madison, Florida

Hilltop Apartments

159 SW Safari Dr
Madison, Florida

Home Supportive Housing

Licata Village
Lee, Florida
Accepts Vouchers

Gardenia Square Apartments

501 SW Parramore Ave
Madison, Florida
Accepts Vouchers
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Guide To Affordable Housing in Madison County, Florida

There are 8 low income housing apartment communities offering 284 affordable apartments for rent in Madison County, Florida.

Income Based Apartments in Madison County, Florida

Madison County features 185 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 Madison County, Florida

There are 99 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madison County.

Housing Choice Vouchers in Madison County, Florida

On average, Section 8 Housing Choice vouchers pay Madison County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Madison County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Madison County, Florida for a two-bedroom apartment is between $643 and $785.

2020 Madison County, Florida Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $498 $627 $714 $940 $1,254
Payment Standard Range $448 to $548 $564 to $690 $643 to $785 $846 to $1,034 $1,129 to $1,379

Sourced from federal housing data and research.

Madison County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 284
Total Housing Units with Rental Assistance 185
Percentage of Housing Units Occupied By Renters 21.59%
Average Renter Household Size 2.65
Average Household Size 2.52
Median Household Income $32,164 ±$2,184
Median Rent $599 ±$98
Percentage Of Renters Overburdened 47.83% ± 9.3pp
Total Population 18,729

Population and Household Demographics

Madison County is a county in Florida with a population of 18,729. There are 6,614 households in the county with an average household size of 2.52 persons. 21.59% of households in Madison County are renters.

Income and Rent Overburden in Madison County

The median gross income for households in Madison County is $32,164 a year, or $2,680 a month. The median rent for the county is $599 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madison County, a household making less than $1,997 a month would be considered overburdened when renting an apartment at or above the median rent. 47.83% of households who rent are overburdened in Madison County.

Area Median Income In Madison County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Madison County, HUD calculates the Area Median Income for a family of four as $44,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Madison County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Madison County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $28,550 $30,650 $32,750 $34,850
50% of Median $18,500 $21,150 $23,800 $26,400 $28,550 $30,650 $32,750 $34,850
80% of Median $29,600 $33,800 $38,050 $42,250 $45,650 $49,050 $52,400 $55,800

Cities In Madison County

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