A stone's throw away from Lake Lynn lies Madison Glen Apartments, affordable apartment living in the heart of Northwest Raleigh, NC. At Madison Glen, you’ll enjoy the comforts of a beautiful apartment home at a price you can afford. Even better, you will love the location, just minutes from Raleigh’s Brier Creek Commons shopping district, Crabtree Valley Mall, and the shopping, dining, and services along Glenwood Avenue and Creedmoor Road. With a great location, a great price, and a great apartment home, Madison Glen is truly a great choice.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 631 | Call for Price |
Two Bedrooms (2/1) | 850 | Call for Price |
Two Bedrooms (2/2) | 991 | $970 |
Three Bedrooms (3/2) | 1172 | Call for Price |
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 Raleigh but actual income limits may differ for units at Madison Glen Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $39,700 | $45,350 | $51,000 | $56,650 | $61,200 | $65,750 |
Low Income (60%) | $47,640 | $54,420 | $61,200 | $67,980 | $73,440 | $78,900 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.