NEW CASTLE APTS.
Best fit
Seniors 62+ & Disabled Persons
Rent
30% of adjusted income
Floor plans
Exclusively 1-Bedroom
Total Units
24
Waitlist expected — spots fill quicklyGenerate your ready-to-print application materials now so you're first in line.
Rent Structure
Rent Structure
30%
of adjusted income
The subsidy program pays the rest of the rent directly to the property. You only pay what you can afford based on your income.
Local Area Income Context
To qualify for affordable housing at NEW CASTLE APTS., your total household income must align with the Area Median Income (AMI) guidelines established for New Castle and the 40050 zip code area.
Local Median (1-Person)
$53,375
Local Median (4-Person)
$76,250
Based on the latest 2024 census data, the figures above represent the local median earnings for this specific neighborhood.
Property Details
Total Units
24
Assisted
24
Layouts
Exclusively 1-Bedroom
Walk Score®
15/100• Car-Dependent
Bike Score®
17/100• Somewhat Bikeable
Walk Score®, Transit Score®, and Bike Score® are trademarks of Walk Score and Redfin.
How Walk Score worksServices & Accessibility
Wheelchair & Mobility AccessYes
2 accessible units reported.
Before You Apply
- Confirm the age rule and income limit
You must be of qualifying age. Your income must fall within HUD's Area Median Income limits for New Castle.
- Ask which unit types are actually available
This listing shows historically available units. Ask directly if a unit is open today.
- Verify accessibility before paying any fees
If you use a wheelchair or walker, confirm elevator access and doorway widths before submitting a paid application.
Rural Housing Rights:USDA Rural Development properties offer rental assistance and have specific tenant grievance procedures. Read the full guide
Questions People Ask
What are the local income limits around New castle apts.?Open
Income limits are calculated against the Area Median Income (AMI) for the 40050 zip code. Based on recent Census data, the local median income is $53,375 for a single person, and $76,250 for a four-person household. Your specific income cap depends on the exact subsidy program rules applied by management.
Do I have to work in agriculture to live at New castle apts.?Open
No. USDA Section 515 housing is open to anyone who meets the income limits for new castle. You do not need to be a farmworker or work in agriculture.
Who is eligible to live at New castle apts.?Open
This property is designated as Elderly/Disabled rural housing. Generally, the head of household must be at least 62 years old, or have a qualifying disability, and meet the strict USDA income limits for the county.
How does rent work at this USDA property?Open
Because this property has 100% Rental Assistance, your rent will be capped at roughly 30% of your adjusted household income, no matter what the market rate is. Management will calculate your exact rent based on your income documents.
What unit types are reported at New castle apts.?Open
This record reports: Exclusively 1-Bedroom. Availability can change rapidly, so ask management which layouts are currently open and whether any accessible units are available.
Does New castle apts. have wheelchair-accessible units?Open
Yes, this property reports having 2 dedicated accessible unit(s). However, availability is subject to change. You should still call management to verify the dimensions of the doorways and bathrooms, and ensure an accessible unit is currently open.
Is there a waitlist at New castle apts.?Open
This property appears to be close to full, which usually means applicants may be joining a waitlist. Call management to confirm whether the waitlist is open right now.
How do I contact New castle apts. to apply?Open
PROFESSIONAL MGMT GROUP appears to be the listed management contact. Application mail may be sent to 400 GEORGE MASON DR, NEW CASTLE, KY 40050. Before you send anything, confirm whether the property wants a letter of interest, a formal application, or a waitlist update request.