Meadowbrook Apartments — Income-Restricted Housing in Oldenburg, IN 47036

3005 Pearl St, Oldenburg, IN 47036

USDA ruralSeniors

23 units · 1–2 BR

Directions

How to apply

  1. Managed by Justus Property Management. USDA does not publish a phone number for this property.
  2. Find contact info on USDA's Multifamily Housing programs page.
  3. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1982
Bedrooms
21 1 bedroom · 2 2 bedrooms
USDA rental assistance
16 units (tenant pays about 30% of income)
Accessible units
4
Managed by
Justus Property Management

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Nearby income-restricted buildings

Rents and income limits in 47036

Fair market rent, 2 bedrooms
$1,180/mo
Income needed to pay it at 30% of income
$47,200/yr

Income limits (2026)

Franklin County, IN area · median family income $97,400. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$20,450$34,100$54,550
2$23,400$39,000$62,350
3$27,320$43,850$70,150
4$33,000$48,700$77,900
5$38,680$52,600$84,150
6$44,360$56,500$90,400
7$50,040$60,400$96,600
8$55,720$64,300$102,850

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.

Size47036Wider area
Studio$860$841
1 bedroom$980$950
2 bedrooms$1,180$1,148
3 bedrooms$1,540$1,503
4 bedrooms$1,550$1,509

Wider area = Franklin County, IN. Two-bedroom fair market rents in 6 nearby ZIPs range from $1,050 (47033) to $1,560 (47263).

Census figures for 47036 (2020–2024 average): median rent $863. Median household income $98,300. 15% of homes are rented.

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 47036's fair market rent.

Estimate your Section 8 rent share for 47036

Frequently Asked Questions

How do I apply to Meadowbrook Apartments?

No phone is listed for Meadowbrook Apartments. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Meadowbrook Apartments Section 8 housing?

Meadowbrook Apartments is listed as income-restricted housing in Oldenburg, IN 47036 (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 Meadowbrook Apartments?

Public records list 23 units at Meadowbrook Apartments in Oldenburg, IN 47036. That is a building size, not a count of open apartments.

Are there other affordable apartments near Meadowbrook Apartments?

Yes — this page lists other income-restricted buildings in 47036 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 Meadowbrook Apartments?

Call the number on this page and ask about the waiting list or how to apply at Meadowbrook Apartments in Oldenburg, IN 47036. 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 Oldenburg, IN 47036?

Most income-restricted buildings in Oldenburg, IN 47036 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 $34,100, and $48,700 for a 4-person household. Public housing can go up to 80% ($54,550 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 Oldenburg, IN 47036?

For many programs in Oldenburg, IN 47036, the 2026 HUD very low-income (50%) limit is $34,100 a year for 1 person and $48,700 for 4 people. The low-income (80%) limit is $54,550 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 Oldenburg, IN 47036?

In public housing and most Section 8 in Oldenburg, IN 47036, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Oldenburg, IN 47036 is $1,180 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 Meadowbrook Apartments take Section 8 vouchers?

This file does not say that Meadowbrook Apartments has a project-based Section 8 contract. Some landlords in Oldenburg, IN 47036 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Meadowbrook Apartments.

Sources: HUD LIHTC database, 2024 (released Apr 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.