About This Property
Monona Shores Redevelopment in Madison offers 104 units of affordable housing, including 71 low-income units supported by 9% Low-Income Housing Tax Credits. The property features a mix of floor plans with 24 one-bedroom, 50 two-bedroom, and 30 three-bedroom units. The development has been in service since 1999.
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 Monona Shores Redevelopment is typically 30% of household income or less.
What size apartments are available at Monona Shores Redevelopment?+
Monona Shores Redevelopment offers the following unit types: 24 One-Bedroom, 50 Two-Bedroom, 30 Three-Bedroom units, for a total of 104 units.
How do I apply for housing at Monona Shores Redevelopment?+
Monona Shores Redevelopment 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.
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 Monona Shores Redevelopment may be lower for income-eligible households.
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.
Who manages Monona Shores Redevelopment?+
Monona Shores Redevelopment is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Monona Shores Redevelopment?+
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Monona Shores Redevelopment
Heritage Monona
Monona, WI
88 Units
Stoughton Housing Scat Sites
Monona, WI
1 UnitsMadison Sfro
Madison, WI
8 UnitsFrost Woods Senior Housing
Monona, WI
67 UnitsMadison Community Reinvestment
Madison, WI
1 UnitsMadison on Broadway
Monona, WI
48 Units