Lafontaine Arms Apartments
401 Rennaker St, La Fontaine, IN 46940
Family · 8 1BR, 8 2BR
Managed by Landmark Management
- Units
- 16
- Rental assistance
- 0
- Vacant
- 2
- Accessible
- 1
- Opened
- 1981
Indiana
USDA rental housing in Wabash County, IN
4 properties in Wabash County have USDA Section 515 or 514 financing: 170 apartments across 3 towns. 129 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
4properties
170apartments
129rental assistance units
38vacant 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 Listings come from USDA's public data and may be out of date.
Jamestown Apartment Landmark Management
1204 W 4th St, North Manchester, IN 46962
Family · 32 1BR, 56 2BR
Managed by Landmark Management
- Units
- 88
- Rental assistance
- 74
- Vacant
- 21
- Accessible
- 0
- Opened
- 1977
Colonial Heritage Daymude, Ronald E Landmark Management
1929 Vernon St, Wabash, IN 46992
Family · 56 2BR
Managed by Landmark Management
- Units
- 56
- Rental assistance
- 46
- Vacant
- 15
- Accessible
- 0
- Opened
- 1976
Oak Leaf Apartment
300 Oak Dr, Wabash, IN 46992
Family · 6 1BR
Managed by Trimac Mgmt INC
- Units
- 10
- Rental assistance
- 9
- Vacant
- 0
- Accessible
- 1
- Opened
- 1983
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 4 are limited-profit. None has housing tax credits. 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.
Every property in one file: 515/514 portfolio download (CSV and JSON).