About This Property
Madison Green Apts comprises 128 low-income units in Palm Beach, Florida, offering a mix of one-, two-, and three-bedroom floor plans to serve families. The property, which entered service in 2005, utilizes 9% Low-Income Housing Tax Credits and maintains 24 one-bedroom, 56 two-bedroom, and 48 three-bedroom units. This development provides affordable rental housing options in Flagler County.
Property Details
Fair Market Rent - Flagler 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 | $1,152 |
| 1 Bedroom | $1,159 |
| 2 Bedroom | $1,465 |
| 3 Bedroom | $1,977 |
| 4 Bedroom | $2,337 |
Income Limits - Flagler County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,550
- Low (80%)
- $44,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,000
- Low (80%)
- $49,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,400
- Low (80%)
- $55,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,200
- Low (80%)
- $59,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,100 | $38,550 |
| 2 Persons | $17,420 | $27,550 | $44,050 |
| 3 Persons | $21,960 | $31,000 | $49,550 |
| 4 Persons | $26,500 | $34,400 | $55,050 |
| 5 Persons | $31,040 | $37,200 | $59,500 |
| 6 Persons | $35,580 | $39,950 | $63,900 |
| 7 Persons | $40,120 | $42,700 | $68,300 |
| 8 Persons | $44,660 | $45,450 | $72,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Palm Coast, FL?+
The Fair Market Rent (FMR) for Flagler County, FL is: $1152 (Studio), $1159 (1BR), $1465 (2BR), $1977 (3BR), $2337 (4BR). Actual rent at subsidized properties like Madison Green Apts is typically 30% of household income or less.
What size apartments are available at Madison Green Apts?+
Madison Green Apts offers the following unit types: 24 One-Bedroom, 56 Two-Bedroom, 48 Three-Bedroom units, for a total of 128 units.
What is the price range for apartments in Palm Coast, FL?+
Based on Fair Market Rent for Flagler County, the estimated price range is: 1-bedroom: $1159, 2-bedroom: $1465, 3-bedroom: $1977. Actual rent at Madison Green Apts may be lower for income-eligible households.
Who is eligible to live at Madison Green Apts?+
Madison Green Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Madison Green Apts?+
Madison Green Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Flagler County, FL?+
For a 4-person household in Flagler County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,400, Low Income (80% AMI): $55,050. These limits are set by HUD and updated annually.
How do I apply for housing at Madison Green Apts?+
Madison Green Apts 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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