Indiana

USDA rental housing in Montgomery County, IN

8 properties in Montgomery County have USDA Section 515 or 514 financing: 168 apartments across 7 towns. 103 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

8properties
168apartments
103rental 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 Listings come from USDA's public data and may be out of date.

Indian Springs Apartments

606 Indian Springs, Crawfordsville, IN 47933

Family · 18 2BR, 6 3BR

Managed by Justus Property Management

Units
24
Rental assistance
22
Vacant
1
Accessible
0
Opened
1999

Westwind Crawfordsville Apt.

305-311 West Market Street, Crawfordsville, IN 47933

Family · 24 1BR, 8 2BR

Managed by Justus Property Management

Units
32
Rental assistance
23
Vacant
3
Accessible
0
Opened
1977

Indian Springs Darlington

500 W Main St, Darlington, IN 47940

Family · 10 1BR, 6 2BR

Managed by Action Realty Group, INC

Units
16
Rental assistance
0
Vacant
1
Accessible
0
Opened
1981

Taylor Manor Apts C/o Justus Property Management, INC.

938 E Taylor St, Ladoga, IN 47954

Family · 12 1BR, 8 2BR

Managed by Justus Property Management

Units
20
Rental assistance
16
Vacant
4
Accessible
0
Opened
1980

Westwind Linden Apartments

802 North Main Street, Linden, IN 47955

Family · 19 1BR, 6 2BR

Managed by Justus Property Management

Units
25
Rental assistance
0
Vacant
1
Accessible
0
Opened
1979

New Market Apts

100 Main St, New Market, IN 47965

Family · 8 1BR, 8 2BR

Managed by Justus Property Management

Units
16
Rental assistance
9
Vacant
1
Accessible
0
Opened
1982

Country Village Apartments

603 E. Main Street, Waveland, IN 47989

Family · 11 1BR, 8 2BR

Managed by Justus Property Management

Units
19
Rental assistance
18
Vacant
1
Accessible
0
Opened
1992

Wingate Manor

State Road 25, Wingate, IN 47994

Family · 10 1BR, 6 2BR

Managed by Biggs Property Management

Units
16
Rental assistance
15
Vacant
1
Accessible
0
Opened
1991

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 8 are limited-profit. 2 also have housing tax credits. 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 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).