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Affordable apartments in Greencastle, Indiana

5 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 84 lihtc

Buildings

CASTLEBURY APARTMENTS

Section 8
1043 CASTLEBURY DR, Greencastle, IN, 46135
Income-restricted units
108 of 108
Year placed in service
Not reported

Estimated total housing cost: $871 rent + $157 utilities = $1,028/mo

Contact property management for current availability. Waitlists may apply.

ROUND BARN MANOR

LIHTC
1180 HORSESHOE DR, GREENCASTLE, IN, 46135
Income-restricted units
49 of 112
Year placed in service
1989
Bedroom mix
32 1BR · 32 2BR

Estimated total housing cost: $871 rent + $157 utilities = $1,028/mo

Contact property management for current availability. Waitlists may apply.

MILLSTONE APTS

LIHTC
801 MILLSTONE POINTE DR, GREENCASTLE, IN, 46135
Income-restricted units
31 of 31
Year placed in service
2011
Bedroom mix
8 1BR · 16 2BR · 7 3BR

Estimated total housing cost: $871 rent + $157 utilities = $1,028/mo

Contact property management for current availability. Waitlists may apply.

MILLER ASBURY APARTMENTS

LIHTC
522 ANDERSON ST, GREENCASTLE, IN, 46135
Income-restricted units
30 of 30
Year placed in service
2015
Bedroom mix
12 1BR · 18 2BR

Estimated total housing cost: $871 rent + $157 utilities = $1,028/mo

Contact property management for current availability. Waitlists may apply.

COUNTRY PLACE APTS - GREENCASTLE

LIHTC
51 WOODHAVEN DR, GREENCASTLE, IN, 46135
Income-restricted units
24 of 24
Year placed in service
1991
Bedroom mix
8 1BR · 16 2BR

Estimated total housing cost: $871 rent + $157 utilities = $1,028/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Indiana

Residential electricity in Indiana runs about 16.63¢/kWh, with a typical monthly residential electric bill near $157. Natural gas runs about $16.19/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Greencastle, IN

Metro-level
BedroomsLocal FMRNational median
Studio$740n/a
1 bedroom$827n/a
2 bedroom$871$1,502
3 bedroom$1,132n/a
4 bedroom$1,307n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Putnam County, IN

FY2025. Area median income: $94,000.

Household size30% AMI50% AMI80% AMI
1 person$19,750$32,900$52,650
2 people$22,600$37,600$60,200
3 people$26,650$42,300$67,700
4 people$32,150$47,000$75,200
5 people$37,650$50,800$81,250
6 people$43,150$54,550$87,250
7 people$48,650$58,300$93,250
8 people$54,150$62,050$99,300

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Indiana cities

See all affordable-rental cities in Indiana

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Greencastle cost-of-living and Fair Market Rent overview