About This Property
Lakeview Tower is a public housing development in Madison, SD offering 94 units with 93 accessible units available. Monthly rent is $262 per unit. The property serves residents in Lake County.
Waitlist Information
Waitlist managed by Madison Housing and Redevelopment Commission
Applications for Lakeview Tower Public Housing are processed as soon as received; there is no traditional waiting list. Applicants must pass a criminal background check. Housing is for low and moderate income individuals and families, the elderly, and handicapped tenants.
Section 8 (HCV) applications are processed as soon as received; there is no traditional waiting list. Applicants must pass a criminal background check. Eligibility is for low-income families, elderly, and disabled, with income not exceeding HUD very low-income limits.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Lake County, SD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $628 |
| 1 Bedroom | $706 |
| 2 Bedroom | $927 |
| 3 Bedroom | $1,245 |
| 4 Bedroom | $1,511 |
Income Limits - Lake County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,150
- Low (80%)
- $70,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,700
- Low (80%)
- $81,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,950
- Low (80%)
- $86,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,600 | $45,750 |
| 2 Persons | $19,600 | $32,700 | $52,300 |
| 3 Persons | $22,050 | $36,800 | $58,850 |
| 4 Persons | $26,500 | $40,850 | $65,350 |
| 5 Persons | $31,040 | $44,150 | $70,600 |
| 6 Persons | $35,580 | $47,400 | $75,850 |
| 7 Persons | $40,120 | $50,700 | $81,050 |
| 8 Persons | $44,660 | $53,950 | $86,300 |
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Frequently Asked Questions
How much is rent at Lakeview Tower?+
The estimated rent at Lakeview Tower is $262 per month. Actual rent may vary based on unit size, income level, and subsidy. Contact the property directly for current pricing.
How many units does Lakeview Tower have?+
Lakeview Tower has a total of 94 housing units.
Is there a waitlist for Lakeview Tower?+
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.
What are the income limits for affordable housing in Lake County, SD?+
For a 4-person household in Lake County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,850, Low Income (80% AMI): $65,350. These limits are set by HUD and updated annually.
What is the HUD inspection score for Lakeview Tower?+
Lakeview Tower has a HUD inspection score of 76 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Lakeview Tower?+
Lakeview Tower is a Public Housing property. To apply, you can start by calling 6052562112, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
