New Market Apts — Income-Restricted Housing in New Market, IN 47965
100 Main St, New Market, IN 47965
16 units · 1–2 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
How to apply
- Managed by Justus 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
- 1982
- Bedrooms
- 8 1 bedroom · 8 2 bedrooms
- USDA rental assistance
- 9 units (tenant pays about 30% of income)
- Managed by
- Justus Property Management
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Nearby income-restricted buildings
Danville Avenue Apts
1405 Danville Ave, Crawfordsville, IN 47933
5.4 mi away
12 units · 1 BR
- Affordability period may have ended — call to confirm
Athena Center Apts
201 E Jefferson St, Crawfordsville, IN 47933
6 mi away
72 units · 1–2 BR
- Affordability period may have ended — call to confirm
Westwind Crawfordsville Apt.
305-311 West Market Street, Crawfordsville, IN 47933
6.3 mi away
32 units · 1–2 BR
- 3 vacant units reported (Oct 2026) — call to confirm
Cloverdale Heights Apartments
2025 Clover Drive, Crawfordsville, IN 47933
6.3 mi away
100 units · 20 income-restricted · 1–3 BR
Waterford Apartments II
2001 Zelmar Dr., Crawfordsville, IN 47933
6.3 mi away
180 units · 1–2 BR · People with disabilities
Shady Knoll Apts
200 Knoll Cir, Crawfordsville, IN 47933
6.4 mi away
160 units · 48 income-restricted · 1–3 BR
- Affordability period may have ended — call to confirm
Tall Oaks
306 Binford St, Crawfordsville, IN 47933
6.5 mi away
- Affordability period may have ended — call to confirm
Rents and income limits in 47965
- Fair market rent, 2 bedrooms
- $1,100/mo
- Income needed to pay it at 30% of income
- $44,000/yr
- Renters in 47965 paying 30% or more of income on rent
- 18%
Income limits (2026)
Montgomery County, IN area · median family income $96,600. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $20,300 | $33,850 | $54,150 |
| 2 | $23,200 | $38,650 | $61,850 |
| 3 | $27,320 | $43,500 | $69,600 |
| 4 | $33,000 | $48,300 | $77,300 |
| 5 | $38,680 | $52,200 | $83,500 |
| 6 | $44,360 | $56,050 | $89,700 |
| 7 | $50,040 | $59,900 | $95,900 |
| 8 | $55,720 | $63,800 | $102,050 |
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 | 47965 | Wider area |
|---|---|---|
| Studio | $940 | $895 |
| 1 bedroom | $950 | $900 |
| 2 bedrooms | $1,100 | $1,046 |
| 3 bedrooms | $1,420 | $1,351 |
| 4 bedrooms | $1,530 | $1,459 |
Wider area = Montgomery County, IN. Two-bedroom fair market rents in 6 nearby ZIPs range from $1,010 (47989) to $1,250 (47968).
Census figures for 47965 (2020–2024 average): median rent $931. Median household income $76,607. 17% of homes are rented. 18% of renters pay 30% or more of their income on rent, and 13% 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 47965's fair market rent.
Estimate your Section 8 rent share for 47965Frequently Asked Questions
How do I apply to New Market Apts?
No phone is listed for New Market Apts. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is New Market Apts Section 8 housing?
New Market Apts is listed as income-restricted housing in New Market, IN 47965 (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 New Market Apts?
Public records list 16 units at New Market Apts in New Market, IN 47965. That is a building size, not a count of open apartments.
Are there other affordable apartments near New Market Apts?
Yes — this page lists other income-restricted buildings in 47965 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 New Market Apts?
Call the number on this page and ask about the waiting list or how to apply at New Market Apts in New Market, IN 47965. 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 New Market, IN 47965?
Most income-restricted buildings in New Market, IN 47965 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 $33,850, and $48,300 for a 4-person household. Public housing can go up to 80% ($54,150 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 New Market, IN 47965?
For many programs in New Market, IN 47965, the 2026 HUD very low-income (50%) limit is $33,850 a year for 1 person and $48,300 for 4 people. The low-income (80%) limit is $54,150 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 New Market, IN 47965?
In public housing and most Section 8 in New Market, IN 47965, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near New Market, IN 47965 is $1,100 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 New Market Apts take Section 8 vouchers?
This file does not say that New Market Apts has a project-based Section 8 contract. Some landlords in New Market, IN 47965 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call New Market Apts.
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. To add a different building, use the suggestion rubric.