About This Property
Madison Cove comprises 97 units in Gainesville, Florida, with 95 units designated as low-income housing. The property was placed in service in 1998 and features 57 two-bedroom and 40 three-bedroom units. The development utilizes 9% Low-Income Housing Tax Credit financing and is managed by [manager name].
Waitlist Information
Waitlist managed by Gainesville Housing Authority
The wait list for all housing is currently closed. Please check back for future availability.
Gainesville Housing does not administer Section 8 vouchers. Contact the Georgia Department of Community Affairs for their Housing Voucher Program.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Alachua County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,053 |
| 1 Bedroom | $1,162 |
| 2 Bedroom | $1,397 |
| 3 Bedroom | $1,832 |
| 4 Bedroom | $1,861 |
Income Limits - Alachua County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,650
- Low (80%)
- $41,000
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,600
- Low (80%)
- $58,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,500
- Low (80%)
- $67,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,350
- Low (80%)
- $77,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,650 | $41,000 |
| 2 Persons | $17,600 | $29,300 | $46,850 |
| 3 Persons | $21,960 | $32,950 | $52,700 |
| 4 Persons | $26,500 | $36,600 | $58,550 |
| 5 Persons | $31,040 | $39,550 | $63,250 |
| 6 Persons | $35,580 | $42,500 | $67,950 |
| 7 Persons | $40,120 | $45,400 | $72,650 |
| 8 Persons | $44,660 | $48,350 | $77,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gainesville, FL?+
The Fair Market Rent (FMR) for Alachua County, FL is: $1053 (Studio), $1162 (1BR), $1397 (2BR), $1832 (3BR), $1861 (4BR). Actual rent at subsidized properties like Madison Cove is typically 30% of household income or less.
What size apartments are available at Madison Cove?+
Madison Cove offers the following unit types: 57 Two-Bedroom, 40 Three-Bedroom units, for a total of 97 units.
Is there a waitlist for Madison Cove?+
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.
What are the income limits for affordable housing in Alachua County, FL?+
For a 4-person household in Alachua County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,600, Low Income (80% AMI): $58,550. These limits are set by HUD and updated annually.
How do I apply for housing at Madison Cove?+
Madison Cove is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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 manages Madison Cove?+
Madison Cove is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Gainesville, FL?+
Based on Fair Market Rent for Alachua County, the estimated price range is: 2-bedroom: $1397, 3-bedroom: $1832. Actual rent at Madison Cove may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Madison Cove
Santa Fe Oaks Ii
Gainesville, FL
129 UnitsReserve At Kanapaha
Gainesville, FL
272 UnitsArbours At Tumblin Creek
Gainesville, FL
64 UnitsSanta Fe Oaks I
Gainesville, FL
66 UnitsHarbor Cove
Gainesville, FL
208 UnitsMajestic Oaks
Gainesville, FL
172 Units