Indiana

USDA rental housing in Rush County, IN

6 properties in Rush County have USDA Section 515 or 514 financing: 156 apartments across 2 towns. 131 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
156apartments
131rental assistance units
29vacant 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 Listings come from USDA's public data and may be out of date.

Carthage Apartments

2 S Harrison St, Carthage, IN 46115

Family · 2 1BR, 12 2BR

Managed by Biggs Property Management

Units
14
Rental assistance
14
Vacant
1
Accessible
0
Opened
1998

Carthage Manor Apts

28 Manor Dr, Carthage, IN 46115

Family · 22 1BR, 2 2BR

Managed by United Property Management

Units
24
Rental assistance
23
Vacant
1
Accessible
0
Opened
1997

East Park Apts.

1200 N Benjamin St, Rushville, IN 46173

Elderly · 16 1BR, 2 2BR

Managed by Properties Unlimited Management

Units
18
Rental assistance
16
Vacant
2
Accessible
0
Opened
1992

Loma Annex Apts

500 W. 16th Street, Rushville, IN 46173

Family · 16 2BR

Managed by Landmark Management

Units
16
Rental assistance
13
Vacant
6
Accessible
1
Opened
1984

Loma Apartments

500 W 16th St, Rushville, IN 46173

Family · 28 1BR, 32 2BR

Managed by Landmark Management

Units
60
Rental assistance
48
Vacant
17
Accessible
2
Opened
1979

Oakwood Manor Apts.

765 E 11th St, Rushville, IN 46173

Elderly · 20 1BR, 4 2BR

Managed by Justus Property Management

Units
24
Rental assistance
17
Vacant
2
Accessible
0
Opened
1995

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 6 are limited-profit. 3 also have housing tax credits. 2 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 Rush 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).