Alabama

USDA rental housing in Marshall County, AL

11 properties in Marshall County have USDA Section 515 or 514 financing: 370 apartments across 5 towns. 257 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

11properties
370apartments
257rental assistance units
55vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

Emerald Court

1105 Head Street, Albertville, AL 35950

Family · 16 1BR, 32 2BR

Managed by Ras Companies, LLC

Units
48
Rental assistance
44
Vacant
2
Accessible
1
Opened
1980

Brandywine I Apt

311 3rd St SE, Arab, AL 35016

Family · 8 1BR, 16 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
14
Vacant
13
Accessible
0
Opened
1979

Brandywine II Apt

311 3rd St SE, Arab, AL 35016

Elderly · 8 1BR, 16 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
22
Vacant
6
Accessible
0
Opened
1980

Greentree Apts

830 Cullman RD, Arab, AL 35016

Family · 8 1BR, 16 2BR

Managed by Hollyhand Companies, INC

Units
24
Rental assistance
18
Vacant
0
Accessible
0
Opened
1990

Hunters Landing Apt

110 8th St NW, Arab, AL 35016

Family · 8 1BR, 34 2BR, 8 3BR

Managed by Ras Companies, LLC

Units
50
Rental assistance
28
Vacant
1
Accessible
0
Opened
1980

Quail Ridge Apts

104 8th St NW, Arab, AL 35016

Family · 8 1BR, 16 2BR

Managed by Ras Companies, LLC

Units
24
Rental assistance
15
Vacant
0
Accessible
0
Opened
1984

Meadowbrook Apts

9544 Al Highway 168, Boaz, AL 35957

Family · 32 2BR

Managed by S & S Property Management

Units
32
Rental assistance
17
Vacant
4
Accessible
0
Opened
1979

Sun Crest Apts

101 Sun Crest Drive, Grant, AL 35747

Family · 8 1BR, 8 2BR, 8 3BR

Managed by Megan Properties Management INC

Units
24
Rental assistance
19
Vacant
6
Accessible
0
Opened
1998

Cedar Ridge Apts

215 Cedar Ridge RD, Guntersville, AL 35976

Family · 20 1BR, 24 2BR, 4 3BR

Managed by Vantage Management, LLC

Units
48
Rental assistance
28
Vacant
1
Accessible
0
Opened
1989

Mountain Lakes Apts

2300 Deerman St, Guntersville, AL 35976

Family · 40 2BR

Managed by Megan Properties Management INC

Units
40
Rental assistance
24
Vacant
10
Accessible
0
Opened
1996

Ridgewood Apts

2500 Deerman St, Guntersville, AL 35976

Family · 17 1BR, 10 2BR, 5 3BR

Managed by Megan Properties Management INC

Units
32
Rental assistance
28
Vacant
12
Accessible
0
Opened
1984

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

Ownership: 2 nonprofit, 9 limited-profit. 6 also have housing tax credits. 1 serves elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a Marshall County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).