Madison Towers
383 Madison Ave, Memphis, Tennessee 38103
Welcome to Madison Tower, an apartment community for those 62 and better, handicapped, or disabled. Enjoy the comfort of quiet, community living here at Madison Tower!
Our spacious efficiency and one bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For your pleasure, our community features a Computer Lab, Game Room, and Laundry Facility. For your benefit, our community's service coordinator is readily available to assist you with your needs.
Madison Tower is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from Downtown Beale Street and Autozone Ball Park. Here at Madison Tower, we understand that your pet is a special part of your family. We are pet friendly and look forward to making your furry friend a part of our community!
Call us today to make an appointment to see for yourself why Madison Tower should be your new home. We look forward to hearing from you!
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Efficiency (Studio/1) | 425 | Income Based |
| 1 Bedroom (1/1) | - | Income Based |
Madison Towers Details
- 146 studio and one bedroom units.
- Section 8 Project-Based Rental Assistance
Property Amenities
- Elevator
- Computer Lab
- Community Room
- Garage
- On-Site Parking
- Resident Service Coordinator
- Laundry Facility
- Courtesy Patrol
Nearby Amenities
- Close to Downtown District
- Close to Public Transportation
- Close to Shopping
- Near Restaurants
- Close to Entertainment
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Memphis HUD Rental Assistance Income Qualifications
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Memphis but actual income limits may differ for units at Madison Towers.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $16,150 | $18,450 | $23,030 | $27,750 | $32,470 | $37,190 | $41,910 | $46,630 |
| 50% | $26,900 | $30,750 | $34,600 | $38,400 | $41,500 | $44,550 | $47,650 | $50,700 |
| 80% | $43,050 | $49,200 | $55,350 | $61,450 | $66,400 | $71,300 | $76,200 | $81,150 |
Madison Towers is managed by Millennia Housing Management.
Nearby Low Income Apartment Communities
Independent Apartments
Robinhood Park Apartments
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