Kentucky

USDA rental housing in Gallatin County, KY

4 properties in Gallatin County have USDA Section 515 or 514 financing: 116 apartments in Warsaw. 108 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

4properties
116apartments
108rental assistance units
3vacant 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 Listings come from USDA's public data and may be out of date.

New Fredericksburg Apartments

500 Center Ave, Warsaw, KY 41095

Family · 4 1BR, 20 2BR

Units
24
Rental assistance
21
Vacant
2
Accessible
2
Opened
1993

New Riverside Square Apartments

400 Center Ave, Warsaw, KY 41095

Elderly · 40 1BR, 4 2BR

Units
44
Rental assistance
40
Vacant
1
Accessible
3
Opened
1981

Royal Pines Apts C/o Sunbelt Mgt Highway 431

303 Royal Pines Dr, Warsaw, KY 41095

Elderly · 32 1BR, 4 2BR

Managed by Sunbelt Management Company

Units
36
Rental assistance
35
Vacant
0
Accessible
0
Opened
1992

Warsaw Apartments

501 Center Ave, Warsaw, KY 41095

Family · 6 1BR, 6 2BR

Managed by Winterwood INC

Units
12
Rental assistance
12
Vacant
0
Accessible
0
Opened
1988

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. All also have housing tax credits. 2 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 Gallatin 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).