Savannahpark Of Altus
1222 Carbon Plant RD, Altus, AR 72821
Elderly · 18 1BR, 4 2BR
Managed by Belmont Management Co., INC
- Units
- 22
- Rental assistance
- 22
- Vacant
- 0
- Accessible
- 3
- Opened
- 1994
Arkansas
USDA rental housing in Franklin County, AR
5 properties in Franklin County have USDA Section 515 or 514 financing: 144 apartments across 3 towns. 116 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
5properties
144apartments
116rental assistance units
7vacant 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 Listings come from USDA's public data and may be out of date.
Sagging Gate
4231 Rattlesnake RD, Charleston, AR 72933
Family · 1 3BR · Section 514 on-farm labor housing
- Units
- 1
- Rental assistance
- 0
- Vacant
- 0
- Accessible
- 0
- Opened
- 1995
Savannahpark Of Charleston Apts
701 N Vine St, Charleston, AR 72933
Elderly · 44 1BR, 8 2BR
Managed by Belmont Management Co., INC
- Units
- 52
- Rental assistance
- 41
- Vacant
- 3
- Accessible
- 3
- Opened
- 1990
Gardenwalk Of Ozarkiii
1951 W Commercial St, Ozark, AR 72949
Family · 8 2BR, 12 3BR, 4 4BR
Managed by Belmont Management Co., INC
- Units
- 24
- Rental assistance
- 24
- Vacant
- 1
- Accessible
- 2
- Opened
- 2001
Gardenwalk On Second
812 North 2nd, Ozark, AR 72949
Family · 14 1BR, 30 2BR
Managed by Belmont Management Co., INC
- Units
- 45
- Rental assistance
- 29
- Vacant
- 3
- Accessible
- 4
- Opened
- 1986
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: 4 limited-profit, 1 full-profit. 4 also have housing tax credits. 2 serve elderly tenants. 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.
Every property in one file: 515/514 portfolio download (CSV and JSON).