Prairie Park Senior Apartments
6530 Schroeder Rd, Madison, Wisconsin 53711
3 FREE months rent, NO application fee, and $99.00 Security Deposit! Currently no Deadline! Located on the west side of Madison, WI, Prairie Park Senior Apartments is an affordable apartment home community specifically designed for seniors 62 and better. Live easy with amenities such as a community dining room, in-house salon, fitness center, and computer room. Each apartment home offers features such as an in-unit washer and dryer and walk-in closets.
Waiting List is Open Now
The Prairie Park Senior Apartments waiting list is currently open until further notice.
Last updated on September 20th, 2019Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Prairie Park Apartments (1/1) | 811 | Income Based |
| Prairie Park Apartments (2/1) | 1042 | Income Based |
| Prairie Park Apartments (2/2) | 1138 | Income Based |
Prairie Park Senior Apartments Details
- 96 one and two bedroom units.
- Water and Sewer utilities included in rent
- Heat utility included in rent
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Elevator
- Fitness Center
- Business Center
- Clubhouse
- On-Site Manager
- 24hr Emergency Maintenance
- Underground Parking
- Barber Shop and Beauty Salon
- Pet Friendly
- Free Parking
Unit Amenities
- Central Air
- Dishwasher
- Garbage Disposal
- Walk-in Closet(s)
- Refrigerator
- Stove
- Washer and Dryer Included
Office Hours
| Day | Hours |
|---|---|
| Monday | 9:00am-6:00pm |
| Tuesday | 9:00am-6:00pm |
| Wednesday | 9:00am-6:00pm |
| Thursday | 9:00am-6:00pm |
| Friday | 9:00am-6:00pm |
| Saturday | 10:00am-5:00pm |
| Sunday | 12:00pm-5:00pm |
Low-Income Housing Tax Credit (LIHTC)
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Madison Low-Income Housing Tax Credit Income Limits
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Madison but actual income limits may differ for units at Prairie Park Senior Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $40,400 | $46,150 | $51,900 | $57,650 | $62,300 | $66,900 | $71,500 | $76,100 |
| Low Income (60%) | $48,480 | $55,380 | $62,280 | $69,180 | $74,760 | $80,280 | $85,800 | $91,320 |
Prairie Park Senior Apartments is managed by Greystone Property Management Corporation.
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