Madison, Georgia Affordable Housing

Affordable Housing programs support 114 income based apartments in Madison where households pay rent based on how much they earn.

There are 59 affordable apartments in Madison that offer reduced rents to low-income households.

Waiting Lists in Madison, Georgia

There are no open Section 8 Housing Choice Voucher waiting lists in Madison. Go to the Georgia Section 8 Waiting Lists page for openings near Madison.

Orchard Grove Apartments

1070 Micah Way
Madison, Georgia
Call For Rent
2-3 BR

Daniel Morgan Homes

508 Madison Ave
Madison, Georgia

Madison Villas

1061 Bramblewood Dr
Madison, Georgia
Rent Assisted
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Public Housing Agencies Serving Madison, Georgia

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Housing Authority of the City of Madison Public Housing
Georgia Department of Community Affairs Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Go to the Georgia Public Housing and Low-Income Apartments Waiting Lists page for openings near Madison.

Madison, Georgia Affordable Housing Data

Income Based Apartments in Madison, Georgia

Madison features 114 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, Georgia

There are 59 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madison.

Housing Choice Vouchers in Madison, Georgia

On average, Section 8 Housing Choice vouchers pay Madison landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Madison.

The maximum amount a voucher would pay on behalf of a low-income tenant in Madison, Georgia for a two-bedroom apartment is between $970 and $1,186.

2023 Madison, Georgia 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
Madison, Georgia Fair Market Rent $814 $819 $1,078 $1,328 $1,836
Madison, Georgia Payment Standard Range $733 to $895 $737 to $901 $970 to $1,186 $1,195 to $1,461 $1,652 to $2,020

Sourced from federal housing data and research.

Madison, GA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 173
Total Housing Units with Rental Assistance 114
Percentage of Housing Units Occupied By Renters 30.96%
Average Renter Household Size 2.71
Average Household Size 2.60
Median Household Income $53,699 ±$5,809
Median Rent $876 ±$137
Percentage Of Renters Overburdened 33.76% ± 22.42pp
Total Population 3,991

Population and Household Demographics

Madison is a city in Morgan County, Georgia with a population of 3,991. There are 1,502 households in the city with an average household size of 2.60 persons. 30.96% of households in Madison are renters.

Income and Rent Overburden in Madison

The median gross income for households in Madison is $53,699 a year, or $4,475 a month. The median rent for the city is $876 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madison, a household making less than $2,920 a month would be considered overburdened when renting an apartment at or above the median rent. 33.76% of households who rent are overburdened in Madison.

Area Median Income In Madison

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Madison, the AMI is calculated from all households within Morgan County.

In Madison, HUD calculates the Area Median Income for a family of four as $85,600

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

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

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Madison AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,600 $18,950 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Madison AMI may qualify for rental assistance programs that target Very Low Income households.
$27,650 $31,600 $35,550 $39,450 $42,650 $45,800 $48,950 $52,100
80% AMI Income Limits
Renters earning up to 80% of the Madison AMI may qualify for rental assistance programs that target Low Income households.
$44,200 $50,500 $56,800 $63,100 $68,150 $73,200 $78,250 $83,300