About This Property
This four-unit single-family property in Madison provides rent-to-own opportunities for low-income households, with all units configured as three-bedroom homes. Placed in service in 1999 and funded through 4% Low-Income Housing Tax Credits, the property operates under nonprofit ownership. The property currently serves four low-income units.
Waitlist Information
Waitlist managed by Madison Community Development Agency
A 2-Bedroom Parkside Wait List opens for applications on January 30th at 10:00 am. Public Housing tenants have the option of paying income-based or flat rent.
The Section 8 Wait List closed on April 2, 2023. The Housing Choice Voucher program provides rental assistance for low-income families.
Waitlist data provided by section8waitlist.org
Updated April 17, 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 Single Family Rent to Own is typically 30% of household income or less.
What size apartments are available at Single Family Rent to Own?+
Single Family Rent to Own offers the following unit types: 4 Three-Bedroom units, for a total of 4 units.
Who manages Single Family Rent to Own?+
Single Family Rent to Own is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Single Family Rent to Own?+
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 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.
How do I apply for housing at Single Family Rent to Own?+
Single Family Rent to Own 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: 3-bedroom: $1808. Actual rent at Single Family Rent to Own may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Single Family Rent to Own
Tennyson Ridge
Madison, WI
72 UnitsPark Central Apartments
Madison, WI
76 UnitsThe Breese Apartments
Madison, WI
65 UnitsParkcrest Apartments
Madison, WI
128 UnitsCarbon Fka Union Corners Apartments
Madison, WI
90 UnitsAvenue
Madison, WI
40 Units