About This Property
Sherwood Point Apts is an 81-unit affordable housing community in Madera, California that has served low-income families since 2003. The property includes 21 two-bedroom, 40 three-bedroom, and 20 four-bedroom units, with 80 units designated as low-income housing. The community is funded through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Madera
Families are selected from a waiting list based on preference, date, and time; eligibility includes meeting HUD income limits, US citizenship or eligible immigration status, criminal background check, landlord references, and credit check.
The waiting list is not accepting applications at this time.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Madera County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,083 |
| 1 Bedroom | $1,090 |
| 2 Bedroom | $1,432 |
| 3 Bedroom | $1,998 |
| 4 Bedroom | $2,208 |
Income Limits - Madera County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Madera, CA?+
The Fair Market Rent (FMR) for Madera County, CA is: $1083 (Studio), $1090 (1BR), $1432 (2BR), $1998 (3BR), $2208 (4BR). Actual rent at subsidized properties like Sherwood Point Apts is typically 30% of household income or less.
What size apartments are available at Sherwood Point Apts?+
Sherwood Point Apts offers the following unit types: 21 Two-Bedroom, 40 Three-Bedroom, 20 Four-Bedroom units, for a total of 81 units.
Who manages Sherwood Point Apts?+
Sherwood Point Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sherwood Point Apts?+
Sherwood Point Apts 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 Madera, CA?+
Based on Fair Market Rent for Madera County, the estimated price range is: 2-bedroom: $1432, 3-bedroom: $1998. Actual rent at Sherwood Point Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Madera County, CA?+
For a 4-person household in Madera County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
Who is eligible to live at Sherwood Point Apts?+
Sherwood Point Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Sherwood Point Apts?+
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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
