Madison Apartments

501 E 15th St, Minneapolis, Minnesota 55404

Contact Madison Apartments

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	1050	Call for Price
3 Bedroom (3/1.5)	1600	Call for Price
4 Bedroom (4/1.5)	1500	Call for Price

Eligibility for Madison Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Minneapolis but actual income limits may differ for units at Madison Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$26,100	$29,800	$33,550	$37,250	$40,250	$43,250	$46,200	$50,560
50%	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050	$77,050	$82,000
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Minneapolis but actual income limits may differ for units at Madison Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050	$77,050	$82,000

Madison Apartments Details

51 two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

Playground
High Speed Internet Access
Picnic Area

Unit Amenities

Walk-in Closet(s)

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.