About This Property
Carbon offers 90 apartments in Madison, including 28 units designated as low-income housing. The property features a mix of one, two, and three-bedroom units, with 20 one-bedroom, 54 two-bedroom, and 16 three-bedroom apartments available. Placed in service in 2017, the community is financed through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Madison Community Development Agency
Preferences are given to applicants who live, work, or attend school in the City of Madison; applications with 'Homeless' as an address are rejected.
The waitlist for the Section 8 Housing Choice Voucher program closed on April 2, 2023, and utilized a lottery process when open, giving priority to City of Madison residents.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Dane County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,004 |
| 1 Bedroom | $1,182 |
| 2 Bedroom | $1,372 |
| 3 Bedroom | $1,808 |
| 4 Bedroom | $1,986 |
Income Limits - Dane County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,700
- Very Low (50%)
- $36,100
- Low (80%)
- $55,950
- Extremely Low (30%)
- $24,800
- Very Low (50%)
- $41,250
- Low (80%)
- $63,950
- Extremely Low (30%)
- $27,900
- Very Low (50%)
- $46,400
- Low (80%)
- $71,950
- Extremely Low (30%)
- $30,950
- Very Low (50%)
- $51,550
- Low (80%)
- $79,900
- Extremely Low (30%)
- $33,450
- Very Low (50%)
- $55,700
- Low (80%)
- $86,300
- Extremely Low (30%)
- $35,950
- Very Low (50%)
- $59,800
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,950
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $68,050
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,700 | $36,100 | $55,950 |
| 2 Persons | $24,800 | $41,250 | $63,950 |
| 3 Persons | $27,900 | $46,400 | $71,950 |
| 4 Persons | $30,950 | $51,550 | $79,900 |
| 5 Persons | $33,450 | $55,700 | $86,300 |
| 6 Persons | $35,950 | $59,800 | $92,700 |
| 7 Persons | $40,120 | $63,950 | $99,100 |
| 8 Persons | $44,660 | $68,050 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Madison, WI?+
The Fair Market Rent (FMR) for Dane County, WI is: $1004 (Studio), $1182 (1BR), $1372 (2BR), $1808 (3BR), $1986 (4BR). Actual rent at subsidized properties like Carbon (Fka Union Corners Apartments) is typically 30% of household income or less.
What size apartments are available at Carbon (Fka Union Corners Apartments)?+
Carbon (Fka Union Corners Apartments) offers the following unit types: 20 One-Bedroom, 54 Two-Bedroom, 16 Three-Bedroom units, for a total of 90 units.
Is there a waitlist for Carbon (Fka Union Corners 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.
How do I apply for housing at Carbon (Fka Union Corners Apartments)?+
Carbon (Fka Union Corners 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.
What are the income limits for affordable housing in Dane County, WI?+
For a 4-person household in Dane County, WI, the income limits are: Extremely Low Income (30% AMI): $30,950, Very Low Income (50% AMI): $51,550, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Madison, WI?+
Based on Fair Market Rent for Dane County, the estimated price range is: 1-bedroom: $1182, 2-bedroom: $1372, 3-bedroom: $1808. Actual rent at Carbon (Fka Union Corners Apartments) may be lower for income-eligible households.
Who manages Carbon (Fka Union Corners Apartments)?+
Carbon (Fka Union Corners Apartments) is managed by . You can reach them at .
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Carbon (Fka Union Corners Apartments)
Park Central Apartments
Madison, WI
76 UnitsThe Breese Apartments
Madison, WI
65 UnitsSingle Family Rent to Own
Madison, WI
4 UnitsCarbon Fka Union Corners Apartments
Madison, WI
90 UnitsAvenue
Madison, WI
40 UnitsThe Avenue
Madison, WI
30 Units