Arkansas

USDA rental housing in Greene County, AR

6 properties in Greene County have USDA Section 515 or 514 financing: 54 apartments across 2 towns. 34 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
54apartments
34rental assistance units
2vacant 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 Listings come from USDA's public data and may be out of date.

Marmaduke Villa

7231 Highway 34 E, Marmaduke, AR 72443

Elderly · 12 1BR

Managed by Intervest Corp

Units
12
Rental assistance
12
Vacant
0
Accessible
1
Opened
1990

Martin Farms Partnership

4327 Hwy 412 East, Paragould, AR 72450

Family · 1 3BR · Section 514 on-farm labor housing

Units
1
Rental assistance
0
Vacant
0
Accessible
0
Opened
2009

Martin Farms Partnership

4303 Highway 412 E, Paragould, AR 72450

Family · 1 3BR · Section 514 on-farm labor housing

Units
1
Rental assistance
0
Vacant
0
Accessible
0
Opened
2009

Paragould

219 Bogil Road, Paragould, AR 72451

Family · 4 1BR, 10 2BR

Managed by Intervest Corp

Units
14
Rental assistance
11
Vacant
2
Accessible
1
Opened
1989

Paragould Terrace

715 Kennedy Street, Paragould, AR 72451

Elderly · 24 1BR, 1 3BR

Managed by Phillips Dev Corp

Units
25
Rental assistance
11
Vacant
0
Accessible
1
Opened
1988

Promise Land Farms

4081 Greene Road 905, Paragould, AR 72450

Family · 1 3BR · Section 514 on-farm labor housing

Units
1
Rental assistance
0
Vacant
0
Accessible
0
Opened
2008

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: 3 limited-profit, 3 full-profit. 3 also have housing tax credits. 2 serve elderly tenants. USDA's file shows use restrictions on 3 properties 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 Greene 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).