Madison Tower Apartments - Senior Housing in Richmond, KY
Madison Tower Apartments is a hud-assisted senior housing in Richmond, KY (40475). CMS publishes no quality rating for this listing; confirm licensing, services, and coverage directly with the provider.
Location: view on OpenStreetMap
Contact details
Street address: 225 N Madison Ave, Richmond, KY 40475
County: Madison County
Affordability & occupancy
| Total assisted units | 101 |
|---|---|
| Occupied units | 100 |
| Occupancy rate | 99% |
| Average resident rent | $323/mo |
| Average household income | $13,589/yr |
| Average personal income | $12,935/yr |
| People per unit | 1.1 |
| Moved in within last year | 16% |
| Households below 30% AMI | 89% |
| Households below 50% AMI | 100% |
| Households below 80% AMI | 100% |
| Households age 62+ | 69% |
| Households with a disability | 73% |
| One-bedroom share | 100% |
Administrative averages from HUD's Picture of Subsidized Households (PROJECT file, 2025). Reported figures may lag current rents, occupancy, and wait times - confirm current availability and rent with the property's management office.
Madison County community profile
| County population | 94,064 |
|---|---|
| Residents age 65+ | 13,719 (14.6%) |
| Median income, age 65+ | $62,342 |
| Poverty rate, age 65+ | 9% |
| Disability rate, age 65+ | 34.2% |
| HUD 2-bedroom fair market rent | $904 |
County-level context from the U.S. Census Bureau American Community Survey (2023 5-year estimates) and HUD Fair Market Rents. These figures describe the surrounding county, not Madison Tower Apartments or its quality of care.
How to verify Madison Tower Apartments
These properties are drawn from HUD's Picture of Subsidized Housing dataset, which publishes assisted-housing characteristics rather than CMS care-quality ratings. Before you rely on this listing, confirm licensing, services, eligibility, and cost directly with the provider. For Medicare-certified alternatives, use the CMS Care Compare link below.
Check Medicare-certified providers on CMS Care Compare →
Ownership & operation
Legal name: Madison Tower Apartments. Ownership type: Project-Based Section 8. Provider type: HUD-assisted senior housing. Confirm current ownership and operation with the provider.
About senior housing in Richmond
Senior Housing listed here are HUD-assisted multifamily properties drawn from the HUD Picture of Subsidized Housing dataset. HUD publishes assisted-housing characteristics, not CMS care-quality ratings.
Confirm eligibility, waiting lists, services, and costs directly with each property, since no CMS quality rating is published for these listings. For local alternatives, browse the Senior Housing directory for Richmond, the Madison County senior housing list, or all care types in Richmond.
For context, this directory lists 1 in ZIP 40475.
ZIP code: all care providers in ZIP 40475 · Senior Housing in ZIP 40475
Nearest senior housing by distance
Straight-line distances estimated from ZIP-centroid coordinates, not driving distance. Confirm a provider's location directly.
Key facts
| Care type | Senior Housing |
|---|---|
| CMS rating | Not CMS-rated |
| Assisted units | 101 |
| Ownership | Project-Based Section 8 |
| Provider type | HUD-assisted senior housing |
| Source record ID | hud-800007751 08335745 |
Frequently asked questions
Is Madison Tower Apartments rated by CMS?
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Where does this information come from?
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What is the senior population of Madison County?
Data provenance
Source: HUD Picture of Subsidized Housing 2025 - PROJECT file (assisted housing) (record picture_PROJECT_2025). Processing date: 2025-09-10. See the methodology page for normalization details. This profile is informational only and is not medical advice.
Required disclosures
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