About This Property
Madison Ave Townhomes comprises 80 three-bedroom units serving low-income households in Gary, Indiana. The property has been in service since 1997 and operates in Lake County. All 80 units provide affordable housing options for families in the area.
Waitlist Information
Waitlist managed by Housing Authority of the City of Gary Indiana
Public Housing communities include Concord Village, Miller Heights, and East Point for families, and Glen Park Senior High Rise and Genesis Towers Senior High Rise for seniors.
The Housing Choice Voucher (HCV) program is funded by the U.S. Department of Housing and Urban Development and helps low-income households pay for housing in the private market.
Waitlist data provided by section8waitlist.org
Updated July 25, 2026
Property Details
Fair Market Rent - Lake County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $869 |
| 1 Bedroom | $1,027 |
| 2 Bedroom | $1,254 |
| 3 Bedroom | $1,539 |
| 4 Bedroom | $1,672 |
Income Limits - Lake County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,200
- Low (80%)
- $48,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,850
- Low (80%)
- $74,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,450 | $42,300 |
| 2 Persons | $18,150 | $30,200 | $48,350 |
| 3 Persons | $21,960 | $34,000 | $54,400 |
| 4 Persons | $26,500 | $37,750 | $60,400 |
| 5 Persons | $31,040 | $40,800 | $65,250 |
| 6 Persons | $35,580 | $43,800 | $70,100 |
| 7 Persons | $40,120 | $46,850 | $74,900 |
| 8 Persons | $44,660 | $49,850 | $79,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gary, IN?+
The Fair Market Rent (FMR) for Lake County, IN is: $869 (Studio), $1027 (1BR), $1254 (2BR), $1539 (3BR), $1672 (4BR). Actual rent at subsidized properties like Madison Ave Townhomes is typically 30% of household income or less.
What size apartments are available at Madison Ave Townhomes?+
Madison Ave Townhomes offers the following unit types: 80 Three-Bedroom units, for a total of 80 units.
Who manages Madison Ave Townhomes?+
Madison Ave Townhomes is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Lake County, IN?+
For a 4-person household in Lake County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,750, Low Income (80% AMI): $60,400. These limits are set by HUD and updated annually.
How do I apply for housing at Madison Ave Townhomes?+
Madison Ave Townhomes 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.
Is there a waitlist for Madison Ave Townhomes?+
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 is the price range for apartments in Gary, IN?+
Based on Fair Market Rent for Lake County, the estimated price range is: 3-bedroom: $1539. Actual rent at Madison Ave Townhomes may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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