Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Bicycle Apts

200 S Madison St, Bloomington, IN, 47404

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Bicycle Apts contains 48 studio units designated as low-income housing in Bloomington, Indiana. The property has been in service since 1996 and receives 9% Low-Income Housing Tax Credit financing. All 48 units serve low-income residents.

Waitlist Information

Waitlist managed by Housing Authority of the City of Bloomington

Public Housing Waitlist
Closed
Apply: Online

Public Housing Current Waitlist Status: CLOSED. Effective January 1, 2025, all applications will be submitted online. Effective 1/1/2025 public housing will move to a site-based waitlist.

Last verified February 25, 2026
Section 8 (HCV) Waitlist
Closed

The HCV Wait List is CLOSED. Current Wait List Applicants will not be issued vouchers until further notice. This notice has been extended through 2026.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
48
Studio
48

Fair Market Rent - Monroe County, IN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$848
1 Bedroom$979
2 Bedroom$1,126
3 Bedroom$1,549
4 Bedroom$1,814

Income Limits - Monroe County, IN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$16,050
Very Low (50%)
$26,750
Low (80%)
$42,750
2 Persons
Extremely Low (30%)
$18,350
Very Low (50%)
$30,550
Low (80%)
$48,850
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$34,350
Low (80%)
$54,950
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$38,150
Low (80%)
$61,050
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$41,250
Low (80%)
$65,950
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$44,300
Low (80%)
$70,850
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$47,350
Low (80%)
$75,750
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$50,400
Low (80%)
$80,600

Tax Credit Program Details

Year Placed in Service
1996
LIHTC Credit Type
9%
Low-Income Units
48 / 48

Frequently Asked Questions

What is the average rent for affordable housing in Bloomington, IN?+

The Fair Market Rent (FMR) for Monroe County, IN is: $848 (Studio), $979 (1BR), $1126 (2BR), $1549 (3BR), $1814 (4BR). Actual rent at subsidized properties like Bicycle Apts is typically 30% of household income or less.

What size apartments are available at Bicycle Apts?+

Bicycle Apts offers the following unit types: 48 Studio units, for a total of 48 units.

What are the income limits for affordable housing in Monroe County, IN?+

For a 4-person household in Monroe County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.

How do I apply for housing at Bicycle Apts?+

Bicycle 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.

Is there a waitlist for Bicycle Apts?+

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 Bicycle Apts?+

Bicycle Apts is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Walker's Paradise

90
Walk
38
Transit
85
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Monroe County, IN

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Housing Resources in Bloomington, IN

HUD-Approved Counseling Agencies

CITY OF BLOOMINGTON - HOUSING AND NEIGHBORHOOD DEVELOPMENT (HAND)

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops