Illinois

USDA rental housing in Montgomery County, IL

9 properties in Montgomery County have USDA Section 515 or 514 financing: 235 apartments across 6 towns. 201 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

9properties
235apartments
201rental assistance units
25vacant 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 Listings come from USDA's public data and may be out of date.

Zimmet Square Apts

1 Zimmet Dr, Farmersville, IL 62533

Family · 10 1BR, 10 2BR

Managed by Bay West Residential, LLC

Units
20
Rental assistance
20
Vacant
2
Accessible
1
Opened
1979

Hannah Housing Fillmore

203 N Palmer St, Fillmore, IL 62032

Elderly · 4 1BR

Managed by Carpenter Mgmt Co INC

Units
4
Rental assistance
4
Vacant
0
Accessible
4
Opened
1986

Hillsboro Heights Hillsboro

111 N Oak St, Hillsboro, IL 62049

Family · 6 1BR, 18 2BR

Managed by Maco Management Co INC

Units
24
Rental assistance
24
Vacant
0
Accessible
0
Opened
1978

Village Apts. Of Hillsboro

300 S Hamilton St, Hillsboro, IL 62049

Elderly · 23 1BR, 2 2BR

Managed by Village Mgmt Co INC

Units
25
Rental assistance
15
Vacant
3
Accessible
0
Opened
1986

Ar Chestnut Apts

801 S Illinois Ave, Litchfield, IL 62056

Family · 31 1BR, 22 2BR, 1 3BR

Managed by Carpenter Mgmt Co INC

Units
54
Rental assistance
39
Vacant
9
Accessible
0
Opened
1982

Ar Prairie Rose Apt

113 E Martin St, Litchfield, IL 62056

Elderly · 30 1BR

Managed by Carpenter Mgmt Co INC

Units
30
Rental assistance
28
Vacant
2
Accessible
0
Opened
1992

Maple Tree Apts Hebenstreit Apts.

38 Hoefker Dr, Litchfield, IL 62056

Family · 24 2BR

Managed by Hebenstreit Holding Co., INC.

Units
24
Rental assistance
24
Vacant
2
Accessible
0
Opened
1976

Ar Colonial Apts

207 E Union St, Nokomis, IL 62075

Family · 15 1BR, 15 2BR

Managed by Carpenter Mgmt Co INC

Units
30
Rental assistance
27
Vacant
2
Accessible
0
Opened
1985

Ar Wrenwood Apts

20 E Broadway St, Witt, IL 62094

Elderly · 24 1BR

Managed by Carpenter Mgmt Co INC

Units
24
Rental assistance
20
Vacant
5
Accessible
0
Opened
1989

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 9 are limited-profit. 4 also have housing tax credits. 4 serve elderly tenants. 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 Montgomery 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).