Country Wood Apartments

745 Ashwood Drive, Versailles, IN 47042

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2023 by Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 4 Beds 1 - 1.5 Bath 584 - 1,352 Sq Ft

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

At Country Wood Apartments, you'll discover your comfort is our number one priority thanks to our dependable maintenance and friendly staff. Country Wood Apartments is located just minutes from Downtown Versailles, great shopping and restaurants and only a few miles from Versailles State Park!

Dave's Thoughts On Country Wood Apartments

This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Country Wood Apartments is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Country Wood Apartments Amenities

  • Playground
  • Community Room
  • Washer and Dryer Hookup
  • Laundry Facilities
  • 24 Hour Maintenance

Units at Country Wood Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 584ft2 Rent is Based On Your Income
2 Bedroom (2/1) 963ft2 Rent is Based On Your Income
2 Bedroom (2/1.5) 963ft2 Rent is Based On Your Income
3 Bedroom (3/1.5) 1214ft2 Rent is Based On Your Income
4 Bedroom (4/1.5) 1352ft2 Rent is Based On Your Income

Income Qualification for Country Wood Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $17,400 / year $19,900 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $29,000 / year $33,150 / year $37,300 / year $41,400 / year $44,750 / year $48,050 / year $51,350 / year $54,650 / year
50% AMI for PBRA Units $29,000 / year $33,150 / year $37,300 / year $41,400 / year $44,750 / year $48,050 / year $51,350 / year $54,650 / year
80% AMI for PBRA Units $46,350 / year $52,950 / year $59,550 / year $66,150 / year $71,450 / year $76,750 / year $82,050 / year $87,350 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Country Wood Apartments

Does Country Wood Apartments have a waiting list?

Country Wood Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Country Wood Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Country Wood Apartments?

Country Wood Apartments is managed by Dominion Realty Inc headquartered in Indianapolis, Indiana.

In addition to Country Wood Apartments, how many other affordable housing properties (and units) are there in Versailles?

In addition to Country Wood Apartments, we list 6 other affordable properties in Versailles. Learn about these properties here. Our data research shows that there are a total of 168 affordable units in Versailles.

When was the Country Wood Apartments listing last updated?

Country Wood Apartments listing on Affordable Housing Online was last updated on 02/17/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.