diff --git a/cmake/Corrosion.cmake b/cmake/Corrosion.cmake
index 3fe667d2..682ba5a7 100644
--- a/cmake/Corrosion.cmake
+++ b/cmake/Corrosion.cmake
@@ -198,18 +198,29 @@ function(_corrosion_set_imported_location target_name base_property output_direc
         ")
 endfunction()
 
-function(_corrosion_copy_byproduct_deferred target_name output_dir_prop_name cargo_build_dir file_names)
+function(_corrosion_copy_byproduct_deferred target_name output_dir_prop_names cargo_build_dir file_names)
     if(ARGN)
         message(FATAL_ERROR "Unexpected additional arguments")
     endif()
-    get_target_property(output_dir ${target_name} "${output_dir_prop_name}")
+
+    foreach(output_dir_prop_name ${output_dir_prop_names})
+        get_target_property(output_dir ${target_name} "${output_dir_prop_name}")
+        if(output_dir)
+            break()
+        endif()
+    endforeach()
 
     # A Genex expanding to the output directory depending on the configuration.
     set(multiconfig_out_dir_genex "")
 
     foreach(config_type ${CMAKE_CONFIGURATION_TYPES})
         string(TOUPPER "${config_type}" config_type_upper)
-        get_target_property(output_dir_curr_config ${target_name} "${output_dir_prop_name}_${config_type_upper}")
+        foreach(output_dir_prop_name ${output_dir_prop_names})
+            get_target_property(output_dir_curr_config ${target_name} "${output_dir_prop_name}_${config_type_upper}")
+            if(output_dir_curr_config)
+                break()
+            endif()
+        endforeach()
 
         if(output_dir_curr_config)
             set(curr_out_dir "${output_dir_curr_config}")
@@ -275,17 +286,17 @@ endfunction()
 #
 # Parameters:
 # - target_name: The name of the Rust target
-# - output_dir_prop_name: The property name controlling the destination (e.g.
-#   `RUNTIME_OUTPUT_DIRECTORY`)
+# - output_dir_prop_names: The property name(s) controlling the destination (e.g.
+#   `LIBRARY_OUTPUT_DIRECTORY` or `PDB_OUTPUT_DIRECTORY;RUNTIME_OUTPUT_DIRECTORY`)
 # - cargo_build_dir: the directory cargo build places it's output artifacts in.
 # - filenames: the file names of any output artifacts as a list.
-function(_corrosion_copy_byproducts target_name output_dir_prop_name cargo_build_dir file_names)
+function(_corrosion_copy_byproducts target_name output_dir_prop_names cargo_build_dir file_names)
         cmake_language(EVAL CODE "
             cmake_language(DEFER
                 CALL
                 _corrosion_copy_byproduct_deferred
                 [[${target_name}]]
-                [[${output_dir_prop_name}]]
+                [[${output_dir_prop_names}]]
                 [[${cargo_build_dir}]]
                 [[${file_names}]]
             )
diff --git a/cmake/CorrosionGenerator.cmake b/cmake/CorrosionGenerator.cmake
index 2f717a89..e387e76a 100644
--- a/cmake/CorrosionGenerator.cmake
+++ b/cmake/CorrosionGenerator.cmake
@@ -146,7 +146,7 @@ function(_generator_add_package_targets)
             endif()
             if(pdb_byproduct)
                 _corrosion_copy_byproducts(
-                    ${target_name} PDB_OUTPUT_DIRECTORY "${cargo_build_out_dir}" "${pdb_byproduct}"
+                    ${target_name} "PDB_OUTPUT_DIRECTORY;LIBRARY_OUTPUT_DIRECTORY" "${cargo_build_out_dir}" "${pdb_byproduct}"
                 )
             endif()
             list(APPEND corrosion_targets ${target_name})
@@ -178,7 +178,7 @@ function(_generator_add_package_targets)
             )
             if(pdb_byproduct)
                 _corrosion_copy_byproducts(
-                        ${target_name} PDB_OUTPUT_DIRECTORY "${cargo_build_out_dir}" "${pdb_byproduct}"
+                        ${target_name} "PDB_OUTPUT_DIRECTORY;RUNTIME_OUTPUT_DIRECTORY" "${cargo_build_out_dir}" "${pdb_byproduct}"
                 )
             endif()
             list(APPEND corrosion_targets ${target_name})
diff --git a/test/cbindgen/rust2cpp/rust/Cargo.lock b/test/cbindgen/rust2cpp/rust/Cargo.lock
index c7d8782b..0d2c5eac 100644
--- a/test/cbindgen/rust2cpp/rust/Cargo.lock
+++ b/test/cbindgen/rust2cpp/rust/Cargo.lock
@@ -2,13 +2,6 @@
 # It is not intended for manual editing.
 version = 3
 
-[[package]]
-name = "other-crate"
-version = "0.1.0"
-
 [[package]]
 name = "rust-lib"
 version = "0.1.0"
-dependencies = [
- "other-crate",
-]
diff --git a/test/output directory/CMakeLists.txt b/test/output directory/CMakeLists.txt
index b3961118..0f5cf723 100644
--- a/test/output directory/CMakeLists.txt	
+++ b/test/output directory/CMakeLists.txt	
@@ -40,11 +40,13 @@ if(CORROSION_TESTS_INSTALL_CORROSION)
     set_tests_properties("output_directory_build" PROPERTIES FIXTURES_REQUIRED "fixture_corrosion_install")
 endif()
 
-foreach(output_approach targetprop var)
+foreach(output_approach targetprop var targetprop_pdb_fallback)
     if(output_approach STREQUAL "targetprop")
        set(rust_proj_suffix "1")
     elseif(output_approach STREQUAL "var")
         set(rust_proj_suffix "2")
+    elseif(output_approach STREQUAL "targetprop_pdb_fallback")
+        set(rust_proj_suffix "3")
     else()
         message(FATAL_ERROR "specify rust project suffix for new output approach ${output_approach}")
     endif()
@@ -109,6 +111,9 @@ foreach(output_approach targetprop var)
                 # end up in the same directory.
                 set(expected_lib_pdb_path "custom_binlib_pdb_var")
                 set(expected_bin_pdb_path "custom_binlib_pdb_var")
+            elseif(output_approach STREQUAL "targetprop_pdb_fallback")
+                set(expected_lib_pdb_path "custom_lib_targetprop_pdb_fallback")
+                set(expected_bin_pdb_path "custom_bin_targetprop_pdb_fallback")
             else()
                 message(FATAL_ERROR "specify rust project suffix for new output approach ${output_approach}")
             endif()
@@ -145,3 +150,5 @@ set_tests_properties("postbuild_custom_command" PROPERTIES FIXTURES_REQUIRED "bu
 
 add_test(NAME "output_directory_cleanup" COMMAND "${CMAKE_COMMAND}" -E remove_directory "${CMAKE_CURRENT_BINARY_DIR}/build")
 set_tests_properties("output_directory_cleanup" PROPERTIES FIXTURES_CLEANUP "build_fixture_output_directory")
+
+
diff --git a/test/output directory/output directory/CMakeLists.txt b/test/output directory/output directory/CMakeLists.txt
index 5a0f2cf8..9fbe6415 100644
--- a/test/output directory/output directory/CMakeLists.txt	
+++ b/test/output directory/output directory/CMakeLists.txt	
@@ -42,3 +42,17 @@ add_executable(consumer consumer.cpp)
 add_dependencies(consumer cargo-build_rust_lib1 cargo-build_rust_lib2)
 
 target_link_libraries(consumer rust_lib1 rust_lib2)
+
+
+corrosion_import_crate(MANIFEST_PATH proj3/Cargo.toml)
+
+# Note: The output directories defined here must be manually kept in sync with the expected test location.
+set_target_properties(rust_bin3
+                      PROPERTIES
+                      RUNTIME_OUTPUT_DIRECTORY "${CMAKE_CURRENT_BINARY_DIR}/custom_bin_targetprop_pdb_fallback"
+)
+set_target_properties(rust_lib3
+                      PROPERTIES
+                      ARCHIVE_OUTPUT_DIRECTORY "${CMAKE_CURRENT_BINARY_DIR}/custom_archive_targetprop_pdb_fallback"
+                      LIBRARY_OUTPUT_DIRECTORY "${CMAKE_CURRENT_BINARY_DIR}/custom_lib_targetprop_pdb_fallback"
+)
diff --git a/test/output directory/output directory/proj3/Cargo.lock b/test/output directory/output directory/proj3/Cargo.lock
new file mode 100644
index 00000000..b7a53967
--- /dev/null
+++ b/test/output directory/output directory/proj3/Cargo.lock	
@@ -0,0 +1,7 @@
+# This file is automatically @generated by Cargo.
+# It is not intended for manual editing.
+version = 3
+
+[[package]]
+name = "rust_package3"
+version = "0.1.0"
diff --git a/test/output directory/output directory/proj3/Cargo.toml b/test/output directory/output directory/proj3/Cargo.toml
new file mode 100644
index 00000000..79509fc9
--- /dev/null
+++ b/test/output directory/output directory/proj3/Cargo.toml	
@@ -0,0 +1,11 @@
+[package]
+name = "rust_package3"
+version = "0.1.0"
+edition = "2018"
+
+[lib]
+name = "rust_lib3"
+crate-type=["staticlib", "cdylib"]
+
+[[bin]]
+name = "rust_bin3"
diff --git a/test/output directory/output directory/proj3/src/bin/rust_bin3.rs b/test/output directory/output directory/proj3/src/bin/rust_bin3.rs
new file mode 100644
index 00000000..11c0291c
--- /dev/null
+++ b/test/output directory/output directory/proj3/src/bin/rust_bin3.rs	
@@ -0,0 +1,3 @@
+fn main() {
+    println!("Hello, world from test rust binary");
+}
diff --git a/test/output directory/output directory/proj3/src/lib.rs b/test/output directory/output directory/proj3/src/lib.rs
new file mode 100644
index 00000000..cfadd0f9
--- /dev/null
+++ b/test/output directory/output directory/proj3/src/lib.rs	
@@ -0,0 +1,4 @@
+#[no_mangle]
+pub extern "C" fn ret_12() -> u32 {
+    12
+}