Affordable Housing In Madison Parish

15 Low Income Apartment Communities In Madison Parish

Elm Street Village

410 N Elm St
Tallulah, Louisiana
1 BR

Madison Community

800 Tank Street
Tallulah, Louisiana

Wyche Apartments

218 Thomas St
Tallulah, Louisiana

Orange Blossom Apartments

801 Bailey St
Tallulah, Louisiana

Madison Place Apartments

902 N Beech St
Tallulah, Louisiana
Elderly Supportive Housing

Toney Villa Apartments

400 Clover St
Tallulah, Louisiana

Country Meadows

802 N Cedar St
Tallulah, Louisiana

Countryside Village Apartments

300 Claxton St
Tallulah, Louisiana

Tallulah Cove Apartments

300 S Elm St
Tallulah, Louisiana

Tallulah Square Apartments

705 W Scott St
Tallulah, Louisiana

Guide To Affordable Housing in Madison Parish, Louisiana

There are 15 low income housing apartment communities offering 580 affordable apartments for rent in Madison Parish, Louisiana.

Income Based Apartments in Madison Parish, Louisiana

Madison Parish features 484 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 Parish, Louisiana

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madison Parish.

Housing Choice Vouchers in Madison Parish, Louisiana

On average, Section 8 Housing Choice vouchers pay Madison Parish landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Madison Parish.

The maximum amount a voucher would pay on behalf of a low-income tenant in Madison Parish, Louisiana for a two-bedroom apartment is between $626 and $766.

2022 Madison Parish, Louisiana 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 Parish, Louisiana Fair Market Rent $549 $552 $696 $989 $1,074
Madison Parish, Louisiana Payment Standard Range $494 to $604 $497 to $607 $626 to $766 $890 to $1,088 $967 to $1,181

Sourced from federal housing data and research.

Madison Parish, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 580
Total Housing Units with Rental Assistance 484
Percentage of Housing Units Occupied By Renters 47.14%
Average Renter Household Size 2.53
Average Household Size 2.55
Median Household Income $23,854 ±$2,595
Median Rent $517 ±$40
Percentage Of Renters Overburdened 44.72% ± 7.15pp
Total Population 11,873

Population and Household Demographics

Madison Parish is a county in Louisiana with a population of 11,873. There are 4,060 households in the county with an average household size of 2.55 persons. 47.14% of households in Madison Parish are renters.

Income and Rent Overburden in Madison Parish

The median gross income for households in Madison Parish is $23,854 a year, or $1,988 a month. The median rent for the county is $517 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madison Parish, a household making less than $1,723 a month would be considered overburdened when renting an apartment at or above the median rent. 44.72% of households who rent are overburdened in Madison Parish.

Area Median Income In Madison Parish

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 Parish, HUD calculates the Area Median Income for a family of four as $34,500

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 Parish

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 Parish

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 Parish AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,800 $24,200 $26,150 $28,100 $30,050 $31,950
50% AMI Income Limits
Renters earning up to 50% of the Madison Parish AMI may qualify for rental assistance programs that target Very Low Income households.
$16,950 $19,400 $21,800 $24,200 $26,150 $28,100 $30,050 $31,950
80% AMI Income Limits
Renters earning up to 80% of the Madison Parish AMI may qualify for rental assistance programs that target Low Income households.
$27,100 $31,000 $34,850 $38,700 $41,800 $44,900 $48,000 $51,100

Cities In Madison Parish

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Tallulah The HUD funded Public Housing Agency that serves Tallulah is the Tallulah City.