About This Property
Madison Apartments provides 36 units of affordable housing in Louisville, Kentucky, with 27 units designated for low-income households. The property features a mix of 20 two-bedroom and 16 three-bedroom units and serves families. Placed in service in 2004, the complex operates under 4% Low-Income Housing Tax Credit financing and is owned by a non-profit organization.
Waitlist Information
Waitlist managed by Louisville Metro Housing Authority
The waiting list has been open since at least March 2017, until further notice. Preferences are given to victims of domestic violence, homeless individuals, those displaced by government action, those in substandard housing, or rent-burdened applicants. Applications can be downloaded online and then mailed or hand-delivered, or applicants can create an account on the Rent Café Portal to apply.
The application process for the Housing Choice Voucher program was put on hold as of July 1, 2024, and new applications are not being accepted at this time. This is due to rising costs and federal funding limits. New families must establish residency in the Louisville Metro area for at least one year if they do not currently reside there or have not maintained an address for the past 12 months.
Waitlist data provided by section8waitlist.org
Updated September 10, 2026
Property Details
Fair Market Rent - Jefferson County, KY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $976 |
| 1 Bedroom | $1,077 |
| 2 Bedroom | $1,301 |
| 3 Bedroom | $1,701 |
| 4 Bedroom | $1,955 |
Income Limits - Jefferson County, KY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,150
- Very Low (50%)
- $26,950
- Low (80%)
- $43,050
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,800
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,650
- Low (80%)
- $55,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,550
- Low (80%)
- $66,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,650
- Low (80%)
- $71,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,700
- Low (80%)
- $76,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,800
- Low (80%)
- $81,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,150 | $26,950 | $43,050 |
| 2 Persons | $18,450 | $30,800 | $49,200 |
| 3 Persons | $21,960 | $34,650 | $55,350 |
| 4 Persons | $26,500 | $38,450 | $61,500 |
| 5 Persons | $31,040 | $41,550 | $66,450 |
| 6 Persons | $35,580 | $44,650 | $71,350 |
| 7 Persons | $40,120 | $47,700 | $76,300 |
| 8 Persons | $44,660 | $50,800 | $81,200 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Louisville, KY?+
The Fair Market Rent (FMR) for Jefferson County, KY is: $976 (Studio), $1077 (1BR), $1301 (2BR), $1701 (3BR), $1955 (4BR). Actual rent at subsidized properties like Madison Apartments is typically 30% of household income or less.
What size apartments are available at Madison Apartments?+
Madison Apartments offers the following unit types: 20 Two-Bedroom, 16 Three-Bedroom units, for a total of 36 units.
How do I apply for housing at Madison Apartments?+
Madison Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Apartments?+
Madison Apartments is managed by . You can reach them at .
What are the income limits for affordable housing in Jefferson County, KY?+
For a 4-person household in Jefferson County, KY, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,450, Low Income (80% AMI): $61,500. These limits are set by HUD and updated annually.
Who is eligible to live at Madison Apartments?+
Madison Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Madison Apartments?+
Public Housing waitlist is currently Open. 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 Louisville, KY?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 2-bedroom: $1301, 3-bedroom: $1701. Actual rent at Madison Apartments may be lower for income-eligible households.
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 Apartments
Park Duvalle Iv - E
Louisville, KY
33 UnitsFrench Quarters, Phase Ii
Louisville, KY
2 UnitsMarian Manor Ii
Louisville, KY
24 UnitsPark Duvalle Iv - A
Louisville, KY
41 UnitsChauncey Louisville
Louisville, KY
100 UnitsPark Duvalle Ii-A
Louisville, KY
109 Units