Indiana

USDA rental housing in Ripley County, IN

9 properties in Ripley County have USDA Section 515 or 514 financing: 240 apartments across 4 towns. 202 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

9properties
240apartments
202rental assistance units
12vacant 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 Listings come from USDA's public data and may be out of date.

Golden Villa INC

102 W Boehringer St, Batesville, IN 47006

Elderly · 28 1BR

Managed by Golden Villa INC

Units
28
Rental assistance
28
Vacant
2
Accessible
0
Opened
1939

Heritage Haus

333 S Mulberry St, Batesville, IN 47006

Elderly · 26 1BR

Managed by Golden Villa INC

Units
26
Rental assistance
22
Vacant
2
Accessible
0
Opened
1980

Mcnair Manor Apts.

201 Country Club Dr, Batesville, IN 47006

Family · 20 1BR, 22 2BR, 4 3BR

Managed by Pk Housing And Management Co

Units
46
Rental assistance
41
Vacant
1
Accessible
0
Opened
1988

Milan Housing For The Elderly

213 Maple St, Milan, IN 47031

Elderly · 32 1BR, 2 2BR

Managed by Valenti Held Property

Units
34
Rental assistance
27
Vacant
5
Accessible
0
Opened
1981

Meadow Park Apts.

3891 W Millhousen RD, Osgood, IN 47037

Elderly · 16 1BR, 2 2BR

Managed by Cmac Management

Units
18
Rental assistance
14
Vacant
0
Accessible
0
Opened
1986

Osgood Community Homes

728 N Buckeye St, Osgood, IN 47037

Elderly · 16 1BR, 4 2BR

Managed by Cmac Management

Units
20
Rental assistance
18
Vacant
0
Accessible
0
Opened
1976

Colonial Manor

100 E Water St, Versailles, IN 47042

Elderly · 16 1BR, 1 2BR

Managed by Justus Property Management

Units
22
Rental assistance
17
Vacant
2
Accessible
2
Opened
1983

Gaslight Square Apartments

319 Gaslight Drive, Versailles, IN 47042

Family · 16 1BR, 8 2BR

Managed by Winterwood Fam Portfolio Mgmt

Units
24
Rental assistance
20
Vacant
0
Accessible
1
Opened
1987

Tyson Manor

215 W Tyson St, Versailles, IN 47042

Elderly · 16 1BR

Managed by Justus Property Management

Units
22
Rental assistance
15
Vacant
0
Accessible
2
Opened
1978

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: 6 nonprofit, 3 limited-profit. 2 also have housing tax credits. 7 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 Ripley 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).