Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

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

Affordable Housing In Madison
Madison County, Illinois

10 Low Income Apartment Communities In Madison

Chestnut Mainstay II

1411 6th St
Madison, Illinois
Disabled Supportive Housing

1234 - 36 Madison

1234 Madison Ave
Madison, Illinois

Greenwood Avenue Senior Apartments

1200 Greenwood St
Madison, Illinois

Washington Avenue Apartments

1636 Market St
Madison, Illinois

Washington Avenue Housing Development

Market And 2nd St
Madison, Illinois

Washington Avenue Apartments

Market St And Washington Ave
Madison, Illinois

Greenwood Senior Apartments

1026 Greenwood St
Madison, Illinois

Market St

1507 Market St
Madison, Illinois

Chestnut Madison Recovery

604 State St
Madison, Illinois

Madison Senior Apartments

1601 Market St
Madison, Illinois
  • «
  • 1
  • »

Housing Authorities that serve Madison

Housing Authority Programs
Madison County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency

Guide To Affordable Housing in Madison, Illinois

There are 10 low income housing apartment communities offering 215 affordable apartments for rent in Madison, Illinois.

Income Based Apartments in Madison, Illinois

Madison features 50 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, Illinois

There are 165 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madison.

Housing Choice Vouchers in Madison, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Madison, Illinois for a two-bedroom apartment is between $815 and $996.

2020 Madison, Illinois 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 $633 $701 $905 $1,185 $1,395
Payment Standard Range $570 to $696 $631 to $771 $815 to $996 $1,067 to $1,304 $1,256 to $1,535

Sourced from federal housing data and research.

Madison, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 215
Total Housing Units with Rental Assistance 50
Percentage of Housing Units Occupied By Renters 53.53%
Average Renter Household Size 2.54
Average Household Size 2.53
Median Household Income $22,266 ±$3,607
Median Rent $760 ±$176
Percentage Of Renters Overburdened 42.47% ± 12.44pp
Total Population 4,063

Population and Household Demographics

Madison is a city in Madison County, Illinois with a population of 4,063. There are 1,588 households in the city with an average household size of 2.53 persons. 53.53% of households in Madison are renters.

Income and Rent Overburden in Madison

The median gross income for households in Madison is $22,266 a year, or $1,856 a month. The median rent for the city is $760 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 $2,533 a month would be considered overburdened when renting an apartment at or above the median rent. 42.47% 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 Madison County.

In Madison, HUD calculates the Area Median Income for a family of four as $82,900

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

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,400 $19,900 $22,400 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $29,050 $33,200 $37,350 $41,450 $44,800 $48,100 $51,400 $54,750
80% of Median $46,450 $53,050 $59,700 $66,300 $71,650 $76,950 $82,250 $87,550