
About This Property
Rose Court Apts provides 20 low-income housing units in New Castle, Indiana, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1998 and receives funding through the HOME program. Eight one-bedroom, eight two-bedroom, and four three-bedroom units are available.
Waitlist Information
Waitlist managed by New Castle Housing Authority
Preferences are given to homeless/displaced individuals, elderly, veterans, and Henry County residents; applicants must be 18 or older, and seniors (age 50+, with preference for 61+) or adults with disabilities are eligible for specific communities.
The waitlist was last open from August 20, 2019, until August 23, 2019; preferences have not been confirmed, and a random lottery was used for placement.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Henry County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $678 |
| 1 Bedroom | $682 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,083 |
| 4 Bedroom | $1,204 |
Income Limits - Henry County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Castle, IN?+
The Fair Market Rent (FMR) for Henry County, IN is: $678 (Studio), $682 (1BR), $863 (2BR), $1083 (3BR), $1204 (4BR). Actual rent at subsidized properties like Rose Court Apts is typically 30% of household income or less.
What size apartments are available at Rose Court Apts?+
Rose Court Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 20 units.
What are the income limits for affordable housing in Henry County, IN?+
For a 4-person household in Henry County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
How do I apply for housing at Rose Court Apts?+
Rose Court Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in New Castle, IN?+
Based on Fair Market Rent for Henry County, the estimated price range is: 1-bedroom: $682, 2-bedroom: $863, 3-bedroom: $1083. Actual rent at Rose Court Apts may be lower for income-eligible households.
Who manages Rose Court Apts?+
Rose Court Apts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Rose Court Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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