Exploring Affordable Housing Options in Madison, WI

Donnie H-H • May 28, 2024

Affordable housing in Madison, WI, often referred to as low-income housing, is designed to make quality housing accessible to individuals and households with limited financial resources. At BPM, we participate in the Low-Income Housing Tax Credit Program (LIHTC), also known as the Section 42 Program in some states.


To qualify for affordable housing in Madison, WI, you need to meet certain income guidelines. These guidelines are set annually by the U.S. Department of Housing and Urban Development (HUD) and are based on the median income of a specific area. Different areas will have different income limits, so it’s important to search for income limits specific to Madison, WI.

The Qualification Process at BPM

Getting into low-income housing in Madison, WI, might sound complicated, but it’s pretty straightforward:


  1. Application Process: You'll fill out an application with some basic information about yourself and your income.
  2. Verification: We'll check the information you provided to make sure you qualify; You need to meet certain income guidelines based on what most people in Madison earn.
  3. Approval and Move-In: If you're approved, you’ll get an offer for an apartment. Then, you’ll just need to sign the lease and move in!


Our Affordable Housing Options in Madison, WI

At Bear Property Management, we offer quality affordable housing options in Madison, WI, each with its own unique features and amenities designed to meet diverse needs.

An exterior rendering of a low-income apartment complex located in Madison, WI - The Flats at 402

The Flats at 402, one of the newest apartments in Madison, WI, located at 402 W Wilson St. This modern complex offers affordable apartments with an array of amenities:

  • Pet-friendly Apartments: We welcome your furry friends to make this their home.
  • On-site Laundry: Enjoy the convenience of laundry facilities on-site, with the option to rent in-unit washers and dryers.
  • Water & Trash Included in Rent: No need to worry about extra utility costs for water and trash.
  • Full Appliance Kitchens: Each apartment features a full kitchen with modern appliances to make cooking a breeze.
  • Prime Location: Situated in the heart of Madison, you’re close to downtown amenities, public transportation, parks, and more.
An exterior shot of a low income senior apartment complex in Madison, WI - Novation Senior Commons

Located at 2675 Novation Pkwy, Madison, WI, Novation Senior Commons is an excellent choice for those aged 55+ looking for affordable apartments in Madison, WI. This community offers:

  • Free Heat, Water, and Sewer: Essential utilities are covered, making budgeting easier.
  • Free In-Unit Washer and Dryer: Enjoy the convenience of laundry in your own apartment at no extra cost.
  • Free Additional Storage: Extra storage space to keep your belongings organized.
  • Natural Lighting: Our apartments are designed to bring the outdoors in, with abundant natural light filling each space.
  • Large Kitchens with Stainless Steel Appliances: Cooking is a pleasure in our well-equipped kitchens.

Come Visit Us!

We encourage everyone looking for affordable apartments to tour our properties before applying or signing a lease. This way, you can see for yourself the friendly environment and wonderful community we offer. At Bear Property Management, we are dedicated to providing comforting, modern, and safe housing at an affordable price.

Contact us today to learn more and see if you qualify for one of our apartments in Madison, WI!


Contact Us

Share this post

What to do if you're locked out of your apartment blog banner
By Donnie Heredia-Hassett January 31, 2025
Locked out of your apartment? Discover safe, expert-approved steps to regain access—from contacting management to smart prevention tips.
Snow Removal: Landlord or Tenant Responsibility? - Blog Banner
By Donnie Heredia-Hassett January 21, 2025
Stay safe this winter with our comprehensive guide to apartment snow removal. Know your rights, get lease tips, and discover why onsite maintenance matters.
How to Hang Decorations in a Rental - Blog Banner
By Donnie Heredia-Hassett December 24, 2024
Discover damage-free ways to decorate rental walls. Explore adhesives, hooks, and clever alternatives for stylish decor—no nails or holes required. No deposit woes!
Show More
Share by: