Illinois

USDA rental housing in Madison County, IL

11 properties in Madison County have USDA Section 515 or 514 financing: 226 apartments across 6 towns. 208 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

11properties
226apartments
208rental assistance units
39vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

Arrowhead Apts

700 E Main St, Alhambra, IL 62001

Family · 4 1BR, 4 2BR

Managed by Morrissey Contracting Co INC

Units
8
Rental assistance
7
Vacant
0
Accessible
0
Opened
1983

South Prairie Court Trust #582

819 S Prairie St, Bethalto, IL 62010

Family · 24 2BR

Managed by Maco Management Co INC

Units
24
Rental assistance
19
Vacant
0
Accessible
0
Opened
1977

Daffodil Apartments

1330 Daffodil Ln, Highland, IL 62249

Family · 6 1BR, 18 2BR

Managed by Sollenberger Properties LLC

Units
24
Rental assistance
23
Vacant
6
Accessible
0
Opened
1979

Plaza Gardens Apts

200 Suppiger Ln, Highland, IL 62249

Elderly · 15 1BR, 2 2BR

Managed by Sollenberger Properties LLC

Units
17
Rental assistance
15
Vacant
0
Accessible
0
Opened
1993

Senior Plaza Apts

2676 Eagle Way Dr, Highland, IL 62249

Elderly · 15 1BR, 4 2BR

Managed by Sollenberger Properties LLC

Units
19
Rental assistance
16
Vacant
2
Accessible
0
Opened
1991

Southwest Apt

701 13th St, Highland, IL 62249

Family · 16 2BR

Managed by Sollenberger Properties LLC

Units
16
Rental assistance
15
Vacant
1
Accessible
1
Opened
1975

Town & Country Apts

1410 30th St, Highland, IL 62249

Family · 18 2BR

Managed by Jakks Management , INC

Units
18
Rental assistance
21
Vacant
6
Accessible
0
Opened
1976

Westglen Apts

215 Jacob Street, St. Jacob, IL 62281

Family · 6 1BR, 6 2BR

Managed by Sollenberger Properties LLC

Units
12
Rental assistance
11
Vacant
1
Accessible
0
Opened
1980

Idlewood Apts

601 Lower Marine RD, Troy, IL 62294

Elderly · 24 1BR

Managed by Sollenberger Properties LLC

Units
24
Rental assistance
22
Vacant
3
Accessible
0
Opened
1993

Silvercreek Apts

402 Meadow Dr, Troy, IL 62294

Family · 12 1BR, 36 2BR

Managed by Jakks Management , INC

Units
48
Rental assistance
43
Vacant
20
Accessible
0
Opened
1978

Worden Park Apts.

344 Schneider St, Worden, IL 62097

Family · 8 1BR, 8 2BR

Managed by Maco Management Co INC

Units
16
Rental assistance
16
Vacant
0
Accessible
1
Opened
1980

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

All 11 are limited-profit. 4 also have housing tax credits. 3 serve elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a Madison County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).