About This Property
Stoneridge Villas provides 80 low-income units designed to serve disabled residents in Madison, Alabama. The property has been in service since 2019 and operates as an affordable housing community in Madison County.
Waitlist Information
Waitlist managed by The Housing Authority of the City of Triana,
The Public Housing waiting list will close on August 11, 2025, at 4:00 PM. No new applications will be accepted until a public notice announces reopening.
Triana Housing Authority is not currently participating in AffordableHousing.com's Common Rental Assistance Application for Section 8.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Madison County, AL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $900 |
| 1 Bedroom | $1,067 |
| 2 Bedroom | $1,248 |
| 3 Bedroom | $1,619 |
| 4 Bedroom | $1,937 |
Income Limits - Madison County, AL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,400
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $19,900
- Very Low (50%)
- $33,200
- Low (80%)
- $53,050
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,350
- Low (80%)
- $59,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,100
- Low (80%)
- $76,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,400
- Low (80%)
- $82,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,750
- Low (80%)
- $87,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,400 | $29,050 | $46,450 |
| 2 Persons | $19,900 | $33,200 | $53,050 |
| 3 Persons | $22,400 | $37,350 | $59,700 |
| 4 Persons | $26,500 | $41,450 | $66,300 |
| 5 Persons | $31,040 | $44,800 | $71,650 |
| 6 Persons | $35,580 | $48,100 | $76,950 |
| 7 Persons | $40,120 | $51,400 | $82,250 |
| 8 Persons | $44,660 | $54,750 | $87,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Madison, AL?+
The Fair Market Rent (FMR) for Madison County, AL is: $900 (Studio), $1067 (1BR), $1248 (2BR), $1619 (3BR), $1937 (4BR). Actual rent at subsidized properties like Stoneridge Villas F/K/A Balch Road Senior Cottages is typically 30% of household income or less.
What are the income limits for affordable housing in Madison County, AL?+
For a 4-person household in Madison County, AL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,450, Low Income (80% AMI): $66,300. These limits are set by HUD and updated annually.
Is there a waitlist for Stoneridge Villas F/K/A Balch Road Senior Cottages?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Stoneridge Villas F/K/A Balch Road Senior Cottages?+
Stoneridge Villas F/K/A Balch Road Senior Cottages is managed by . You can reach them at .
How do I apply for housing at Stoneridge Villas F/K/A Balch Road Senior Cottages?+
Stoneridge Villas F/K/A Balch Road Senior Cottages is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Stoneridge Villas F/K/A Balch Road Senior Cottages?+
Stoneridge Villas F/K/A Balch Road Senior Cottages primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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