Rainbow End Phase 4 — Income-Restricted Housing in Greenville, IN 47124
92 Rainbow Lane, Edinburgh, IN 47124
16 units · 2 BR
- 4 vacant units reported (Oct 2026) — call to confirm
How to apply
- Managed by Rainbow Property Management. USDA does not publish a phone number for this property.
- Find contact info on USDA's Multifamily Housing programs page.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1978
- Bedrooms
- 16 2 bedrooms
- USDA rental assistance
- 11 units (tenant pays about 30% of income)
- Managed by
- Rainbow Property Management
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Nearby income-restricted buildings
The Meadows of Guerin
8037 Unruh Drive, Georgetown, IN 47122
5.5 mi away
25 units · 24 income-restricted · 1 BR
Palmyra Apts
14020 Huff St NE, Palmyra, IN 47164
6.6 mi away
24 units · 1–2 BR
- 2 vacant units reported (Oct 2026) — call to confirm
Country Trace
13500 Hwy 135 NE, Palmyra, IN 47164
7.7 mi away
28 units · 26 income-restricted · 1–2 BR · People with disabilities · People experiencing homelessness
Rents and income limits in 47124
- Fair market rent, 2 bedrooms
- $1,340/mo
- Income needed to pay it at 30% of income
- $53,600/yr
- Renters in 47124 paying 30% or more of income on rent
- 38%
Income limits (2026)
Louisville, KY-IN area · median family income $99,000. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $20,800 | $34,650 | $55,450 |
| 2 | $23,800 | $39,600 | $63,400 |
| 3 | $27,320 | $44,550 | $71,300 |
| 4 | $33,000 | $49,500 | $79,200 |
| 5 | $38,680 | $53,500 | $85,550 |
| 6 | $44,360 | $57,450 | $91,900 |
| 7 | $50,040 | $61,400 | $98,250 |
| 8 | $55,720 | $65,350 | $104,550 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 47124 | Wider area |
|---|---|---|
| Studio | $1,030 | $976 |
| 1 bedroom | $1,110 | $1,058 |
| 2 bedrooms | $1,340 | $1,276 |
| 3 bedrooms | $1,710 | $1,629 |
| 4 bedrooms | $1,970 | $1,874 |
Wider area = Louisville, KY-IN. Two-bedroom fair market rents in 9 nearby ZIPs range from $1,010 (47164) to $1,470 (47119).
Census figures for 47124 (2020–2024 average): median rent $1,163. Median household income $121,188. 2% of homes are rented. 38% of renters pay 30% or more of their income on rent, and 0% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 47124's fair market rent.
Estimate your Section 8 rent share for 47124Frequently Asked Questions
How do I apply to Rainbow End Phase 4?
No phone is listed for Rainbow End Phase 4. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Rainbow End Phase 4 Section 8 housing?
Rainbow End Phase 4 is listed as income-restricted housing in Greenville, IN 47124 (usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Rainbow End Phase 4?
Public records list 16 units at Rainbow End Phase 4 in Greenville, IN 47124. That is a building size, not a count of open apartments.
Are there other affordable apartments near Rainbow End Phase 4?
Yes — this page lists other income-restricted buildings in 47124 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Rainbow End Phase 4?
Call the number on this page and ask about the waiting list or how to apply at Rainbow End Phase 4 in Greenville, IN 47124. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Greenville, IN 47124?
Most income-restricted buildings in Greenville, IN 47124 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $34,650, and $49,500 for a 4-person household. Public housing can go up to 80% ($55,450 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Greenville, IN 47124?
For many programs in Greenville, IN 47124, the 2026 HUD very low-income (50%) limit is $34,650 a year for 1 person and $49,500 for 4 people. The low-income (80%) limit is $55,450 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Greenville, IN 47124?
In public housing and most Section 8 in Greenville, IN 47124, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Greenville, IN 47124 is $1,340 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Rainbow End Phase 4 take Section 8 vouchers?
This file does not say that Rainbow End Phase 4 has a project-based Section 8 contract. Some landlords in Greenville, IN 47124 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Rainbow End Phase 4.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.