About This Property
Madison Point offers 60 low-income units in Phoenix, Arizona, serving families and disabled residents. The property features a mix of 12 one-bedroom, 32 two-bedroom, and 16 three-bedroom apartments and has been in service since 2012. The development utilizes 9% Low-Income Housing Tax Credits to maintain affordability.
Waitlist Information
Waitlist managed by City of Phoenix Housing Department
Preferences may include Phoenix residency, age 62 or older, or disability. Applicants must be 18, meet income limits, pass criminal background checks, and have an acceptable rental history.
The Phoenix Housing Choice Voucher (HCV) program waiting list is currently closed. The City of Phoenix will provide notice through a wide variety of sources when it reopens.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Maricopa County, AZ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,460 |
| 1 Bedroom | $1,599 |
| 2 Bedroom | $1,877 |
| 3 Bedroom | $2,541 |
| 4 Bedroom | $2,890 |
Income Limits - Maricopa County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,600
- Low (80%)
- $50,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,000
- Low (80%)
- $78,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,150
- Low (80%)
- $83,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,250 |
| 2 Persons | $19,000 | $31,600 | $50,600 |
| 3 Persons | $21,960 | $35,550 | $56,900 |
| 4 Persons | $26,500 | $39,500 | $63,200 |
| 5 Persons | $31,040 | $42,700 | $68,300 |
| 6 Persons | $35,580 | $45,850 | $73,350 |
| 7 Persons | $40,120 | $49,000 | $78,400 |
| 8 Persons | $44,660 | $52,150 | $83,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Phoenix, AZ?+
The Fair Market Rent (FMR) for Maricopa County, AZ is: $1460 (Studio), $1599 (1BR), $1877 (2BR), $2541 (3BR), $2890 (4BR). Actual rent at subsidized properties like Madison Point is typically 30% of household income or less.
What size apartments are available at Madison Point?+
Madison Point offers the following unit types: 12 One-Bedroom, 32 Two-Bedroom, 16 Three-Bedroom units, for a total of 60 units.
Who manages Madison Point?+
Madison Point is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Madison Point?+
Madison Point 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 are the income limits for affordable housing in Maricopa County, AZ?+
For a 4-person household in Maricopa County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,500, Low Income (80% AMI): $63,200. These limits are set by HUD and updated annually.
What is the price range for apartments in Phoenix, AZ?+
Based on Fair Market Rent for Maricopa County, the estimated price range is: 1-bedroom: $1599, 2-bedroom: $1877, 3-bedroom: $2541. Actual rent at Madison Point may be lower for income-eligible households.
Who is eligible to live at Madison Point?+
Madison Point primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Madison Point?+
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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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