Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Fort Madison Park Apts

1125 48th St Apt 5, Fort Madison, IA, 52627

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

Default photo for Fort Madison Park Apts
Example Photo
Share

About This Property

Fort Madison Park Apts comprises 22 low-income units in Fort Madison, Iowa and has been in service since 1989. The property is located in Lee County and serves residents seeking affordable housing options. Interested parties may contact the property management for additional information regarding availability and lease terms.

Waitlist Information

Waitlist managed by Fort Madison Housing Authority

Public Housing Waitlist
Open
Apply: In-person

Interested individuals must complete an application to be placed on the waiting list for housing. Applications are available through the FMHA office and are not available online.

Last verified February 27, 2026
Section 8 (HCV) Waitlist
Open
Apply: In-person

Interested individuals must complete an application to be placed on the waiting list for housing choice vouchers. Applications are available through the FMHA office and are not available online.

Last verified February 27, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
22

Fair Market Rent - Lee County, IA

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

BedroomsFMR
Studio/Efficiency$598
1 Bedroom$672
2 Bedroom$882
3 Bedroom$1,185
4 Bedroom$1,207

Income Limits - Lee County, IA

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

1 Person
Extremely Low (30%)
$15,100
Very Low (50%)
$25,150
Low (80%)
$40,250
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,750
Low (80%)
$46,000
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$32,350
Low (80%)
$51,750
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,900
Low (80%)
$57,450
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,800
Low (80%)
$62,050
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$41,650
Low (80%)
$66,650
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$44,550
Low (80%)
$71,250
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$47,400
Low (80%)
$75,850

Tax Credit Program Details

Year Placed in Service
1989
Low-Income Units
22 / 22

Frequently Asked Questions

What is the average rent for affordable housing in Fort Madison, IA?+

The Fair Market Rent (FMR) for Lee County, IA is: $598 (Studio), $672 (1BR), $882 (2BR), $1185 (3BR), $1207 (4BR). Actual rent at subsidized properties like Fort Madison Park Apts is typically 30% of household income or less.

What are the income limits for affordable housing in Lee County, IA?+

For a 4-person household in Lee County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.

Is there a waitlist for Fort Madison Park Apts?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at Fort Madison Park Apts?+

Fort Madison Park 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.

Who manages Fort Madison Park Apts?+

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

Begin Application Now

Walk Score

Car-Dependent

30
Walk
38
Bike

Nearby Schools

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

Location

Lee County, IA

View on Google Maps