Indiana

USDA rental housing in DeKalb County, IN

9 properties in DeKalb County have USDA Section 515 or 514 financing: 274 apartments across 6 towns. 204 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

9properties
274apartments
204rental assistance units
13vacant 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 Listings come from USDA's public data and may be out of date.

Ashley Hudson Manor I

830 W State Street, Ashley, IN 46705

Elderly · 42 1BR

Managed by Landmark Management

Units
42
Rental assistance
38
Vacant
2
Accessible
2
Opened
1979

Chapel Lane Pk Housing & Mgt Co

100 Chapel Lane, Ashley, IN 46705

Family · 12 1BR, 24 2BR, 8 3BR

Managed by Pk Housing And Management Co

Units
44
Rental assistance
24
Vacant
6
Accessible
0
Opened
1990

Indian Terrace I Pk Housing & Mgt Co

1100 Huron Way, Auburn, IN 46706

Family · 8 1BR, 16 2BR, 8 3BR

Managed by Pk Housing And Management Co

Units
32
Rental assistance
23
Vacant
1
Accessible
0
Opened
1982

Indian Terrace II Pk Housing & Mgt Co

1100 Huron Way, Auburn, IN 46706

Elderly · 36 1BR, 12 2BR

Managed by Pk Housing And Management Co

Units
48
Rental assistance
45
Vacant
1
Accessible
3
Opened
1991

Fawn Haven Apts. Fawn Haven Limited Pk Housing & Mgt Co

233 High St, Butler, IN 46721

Family · 22 1BR, 4 2BR

Managed by Pk Housing And Management Co

Units
26
Rental assistance
20
Vacant
0
Accessible
2
Opened
1987

Rosedorf Park Ltd. % Justus Prop Mgmt

1213 S Cowen St, Garrett, IN 46738

Elderly · 22 1BR

Managed by Justus Property Management

Units
22
Rental assistance
19
Vacant
2
Accessible
2
Opened
1978

Depot Place Apts

100 Depot Pl, Hamilton, IN 46742

Elderly · 16 1BR, 8 2BR

Units
24
Rental assistance
20
Vacant
0
Accessible
2
Opened
1989

Knoll Creek Apts. Knoll Creek Limited Pk Housing & Mgt Co

300 Knoll Creek Dr, Waterloo, IN 46793

Family · 20 1BR, 4 2BR

Managed by Pk Housing And Management Co

Units
24
Rental assistance
5
Vacant
0
Accessible
2
Opened
1986

Waterloo Apts Pk Housing & Mgt Co

300 Knoll Creek Dr, Waterloo, IN 46793

Family · 4 1BR, 4 2BR, 4 3BR

Managed by Pk Housing And Management Co

Units
12
Rental assistance
10
Vacant
1
Accessible
0
Opened
1986

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

Ownership: 1 nonprofit, 8 limited-profit. 1 also has 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 DeKalb 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).