Low Income & Subsidized Housing in Madison, SD

There are 5 subsidized and income-restricted properties in Madison with roughly 169 assisted units — including 3 project-based Section 8 buildings, 1 public housing developments, and 2 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $333 to $333 per month. Median reported wait: about 2 months.

5
assisted properties
169
subsidized units
$333
typical rent
2 mo
median wait

Map of subsidized housing in Madison

Complete directory of subsidized housing in Madison

PropertyUnitsAvg rentReported wait
Lakeview Tower Public Housing 91$333 2 mo
Village Green LIHTCPB Section 8 32
Harvest Point Apts LIHTC 30
Horizon Ltd PB Section 8 10
Valiant Living PB Section 8 6

Section 8 apartments in Madison (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

PropertyUnitsAvg rentReported wait
Village Green LIHTCPB Section 8 32
Horizon Ltd PB Section 8 10
Valiant Living PB Section 8 6

Public housing developments in Madison

Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →

PropertyUnitsAvg rentReported wait
Lakeview Tower Public Housing 91$333 2 mo

LIHTC & affordable tax-credit apartments in Madison

Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →

PropertyUnitsAvg rentReported wait
Harvest Point Apts LIHTC 30

Voucher rent limits: Lake County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Lake County: studio $669, 1-BR $739, 2-BR $970, 3-BR $1,163, 4-BR $1,627.

Full FMR table for Lake County →

How to apply for subsidized housing in Madison

  1. Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
  2. Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
  3. Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
  4. Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.