Affordable Housing in Madison: Quality Living by Stone House Development
What do you think of when you think of affordable housing? For many, it may conjure up images of outdated buildings or limited options. But atStone House Development, we’re here to break that stigma. We believe that affordable housing is essential for building a strong, inclusive community—and that everyone deserves a place to call home that’s not only affordable but also thoughtfully designed, well-located, and built with the community in mind. Whether you're a veteran, working professional, or growing family, we offer affordable housing options across Madison that prioritize both quality and community.
Affordable Apartments for Rent Across Madison
We offer a range of income-restricted and market-rate apartments in key neighborhoods throughout the city. Each property is designed with comfort, connection, and long-term affordability in mind:
Dowtown Apartments
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The BreeseList Item 1
Located in Tenney-Lapham, The Breese offers a mix of apartments for those earning 30%, 50%, and 60% of AMI, as well as market-rate units.
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City RowList Item 2
Townhome-style apartments near downtown, with income-restricted units at 50% and 60% of AMI.
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The Madison MarkList Item 3
Centrally located with a variety of affordable options at 40%, 50%, and 60% of AMI, plus market-rate units.
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NoVoList Item 4
Just steps from the Capitol at 216 S. Pinckney Street, NoVo features 60% and 80% income-restricted apartments, along with market-rate options.
East Side Apartments
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Pinney LaneList Item 1
Near the Pinney Library, this community includes one- to three-bedroom apartments at 30% (reserved for veterans or permanently disabled), 50%, 60%, and
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EllaList Item 2
Located in the Eken Park neighborhood on East Washington Avenue, Ella offers income-restricted apartments at 30% (for veterans or permanently disabled), 50%, and 80% of AMI.
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Fair OaksList Item 3
In the heart of the lively Atwood neighborhood, Fair Oaks features 30% (reserved for veterans or permanently disabled), 50%, and 60% AMI apartments, plus market-rate options. The location offers easy access to bus lines, bike paths, shops, and restaurants.
West Side Apartments
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Arbor CrossingList Item 1
Located in the Shorewood Hills neighborhood, Arbor Crossing is a mixed-income community offering affordable units at 60% of AMI and market-rate apartments.
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The Overlook at HilldaleList Item 2
Just steps from Hilldale Mall, this community offers 50% and 60% income-restricted apartments in a walkable, well-connected area.
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The Overlook at MidtownList Item 3
One- to three-bedroom apartments on the city’s West Side with 50% and 60% income-restricted apartments.
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Tailor PlaceList Item 4
Located in the Green Tree neighborhood on Schroeder Road, Tailor Place offers a mix of 30% (for veterans or permanently disabled), 50%, and 60% income-restricted units, along with market-rate apartments.
How Income Limits Work
Eligibility for affordable housing is based on the Area Median Income (AMI), which HUD updates annually. For the latest AMI data in Dane County, see HUD’s 2025 Income Limits.
Madison’s Affordable Housing Goals
The City of Madison is planning for a growing future—and a more equitable one. As part of its 2025 housing strategy, the city is aiming to create 15,000 new homes in five years, with 25% designated as affordable housing. This initiative will support projected population growth and keep Madison livable for all. Learn more about the city’s affordable housing strategy in this NBC15 news article.
Partnering in Madison’s Future
At Stone House Development, we’re proud to be a part of Madison’s affordable housing solution. From downtown to the East and West Sides, our properties help ensure that people of all income levels can live with dignity and stability in the city they call home.
Explore our properties and check availability at stonehousedevelopment.com/vacancies.
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