Affordable Housing In Madison County
New York

17 Low Income Apartment Communities In Madison County

Brownsville Gardens

50 Legion St
Lebanon, NY
Income Based
2-4 BR
Subsidized

Maloff Towers

501 Genesee St
Chittenango, NY
Subsidized

Stoneleigh Apartments

400 Lamb Ave
Canastota, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

Madison Community Residence Project

320 N Willow St
Oneida, NY
62+
Accessible
Elderly Supportive Housing
Subsidized

State of New York

3462 Conifer Dr
Canastota, NY
HCV Welcome

Erie Canal House

172 Canal St
Canastota, NY
Subsidized

Wilcox Apartments

89 Cedar St
Morrisville, NY
HCV Welcome
Subsidized

Marion Manor Estates

130 Marion Mnr
Oneida, NY
HCV Welcome

Madison Lane Apartments

310 Madison Ln
Hamilton, NY
Subsidized

Cazenovia Village Apartments Monahan Development

200 Tom Tom St
Chittenango, NY

Other Housing Authorities located in Madison County

Housing Authority Programs
Oneida Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Canastota Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Madison County, New York

There are 17 low income housing apartment communities offering 1,114 affordable apartments for rent in Madison County, New York. Madison County features 672 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 442 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Madison County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Madison County, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 1,114
Total Housing Units with Rental Assistance 672
Percentage of Housing Units Occupied By Renters 24.85%
Average Renter Household Size 2.26
Average Household Size 2.55
Median Household Income $54,145 ±$1,926
Median Rent $718 ±$30
Percentage Of Renters Overburdened 38.94% ± 4.26pp
Total Population 72,427

Population and Household Demographics

Madison County is a County in New York with a population of 72,427. There are 26,288 households in the county with an average household size of 2.55 persons. 24.85% of households in Madison County are renters.

Income and Rent Overburden in Madison County

The median gross income for households in Madison County is $54,145 a year, or $4,512 a month. The median rent for the county is $718 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 $2,393 a month would be considered overburdened when renting an apartment at or above the median rent. 38.94% of households who rent are overburdened in Madison County.1

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 $79,500

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 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 Madison County 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 $16,700 $19,100 $21,500 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,850 $31,800 $35,800 $39,750 $42,950 $46,150 $49,300 $52,500
80% of Median $44,550 $50,900 $57,250 $63,600 $68,700 $73,800 $78,900 $84,000
Low Income Housing Tax Credits in Madison County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 2008, 7 low income apartment communities containing 168 rental apartments have been constructed and made affordable to low income persons in Madison County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Madison County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,850 $31,800 $35,800 $39,750 $42,950 $46,150 $49,300 $52,500
60% of Median $33,420 $38,160 $42,960 $47,700 $51,540 $55,380 $59,160 $63,000

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Madison County is $42,960 a year, or $3,580 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,580 by 30% to get a maximum rent of $1,074 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $696 $746 $895 $1,034 $1,154 $1,273
60% $836 $895 $1,074 $1,241 $1,385 $1,527
Fair Market Rents in Madison County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$633 $723 $900 $1,127 $1,291

Cities In Madison County

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

City Listings Served By
Deruyter 1
Hamilton 1
Morrisville 3
Canastota 4 The HUD funded Public Housing Agency that serves Canastota is the Canastota Housing Authority.
Cazenovia 0
Chittenango 3
Eaton 1
Oneida 3 The HUD funded Public Housing Agency that serves Oneida is the Oneida Housing Authority.
Madison 0
Bridgeport 0
Brookfield 0
Fenner 0
Georgetown 0
Lebanon 1
Lenox 0
Lincoln 0
Munnsville 0
Nelson 0
Smithfield 0
Stockbridge 0
Sullivan 0
Wampsville 0