Arkansas

USDA rental housing in St. Francis County, AR

17 properties in St. Francis County have USDA Section 515 or 514 financing: 432 apartments across 5 towns. 346 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

17properties
432apartments
346rental assistance units
45vacant 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 Listings come from USDA's public data and may be out of date.

Colt Senior Cit Apt

449 Old Military RD E, Colt, AR 72326

Elderly · 20 1BR, 1 2BR

Managed by Professional Property Management

Units
21
Rental assistance
20
Vacant
0
Accessible
2
Opened
2002

River View Village

447 Old Military RD, Colt, AR 72326

Elderly · 20 1BR

Managed by Professional Property Management

Units
20
Rental assistance
20
Vacant
0
Accessible
4
Opened
2012

Cottonwood Townhomes

1035 Dawson RD, Forrest City, AR 72335

Family · 11 1BR, 34 2BR

Managed by Sunbelt Development Corp.

Units
45
Rental assistance
43
Vacant
1
Accessible
2
Opened
2002

Dundas Place

1001 S Rosser St, Forrest City, AR 72335

Group home · 15 1BR

Managed by St Francis Area Dev. Center, INC

Units
16
Rental assistance
15
Vacant
2
Accessible
0
Opened
1988

Forrest Meadows

305 Kittle RD, Forrest City, AR 72335

Family · 12 1BR, 20 2BR

Managed by Sunbelt Development Corp.

Units
32
Rental assistance
21
Vacant
4
Accessible
2
Opened
1989

Forrest Ridge Apts.

727 Hill St, Forrest City, AR 72335

Family · 12 1BR, 13 2BR

Managed by J & A Mgmt

Units
25
Rental assistance
24
Vacant
3
Accessible
2
Opened
1990

Pecan Grove Apts.

1905 N Washington St, Forrest City, AR 72335

Family · 33 2BR

Managed by Sunbelt Development Corp.

Units
33
Rental assistance
30
Vacant
1
Accessible
2
Opened
1993

Shady Oaks Apts

130 W Cook St, Forrest City, AR 72335

Elderly · 42 1BR, 2 2BR

Managed by Phillips Dev Corp

Units
44
Rental assistance
38
Vacant
4
Accessible
5
Opened
1987

Hughes Manor Apts

80 Wilson Street, Hughes, AR 72348

Elderly · 16 1BR, 17 2BR

Managed by Bunn Real Estate & Property Mana

Units
33
Rental assistance
31
Vacant
6
Accessible
2
Opened
1990

Hughes Meadows Apts

111 Maple St, Hughes, AR 72348

Family · 13 2BR, 12 3BR

Managed by Bunn Real Estate & Property Mana

Units
25
Rental assistance
24
Vacant
6
Accessible
3
Opened
2005

Hughes Towers

102 Blackwood St, Hughes, AR 72348

Family · 15 2BR, 6 3BR

Managed by Bunn Real Estate & Property Mana

Units
21
Rental assistance
20
Vacant
0
Accessible
2
Opened
2016

Hughes Villas

321 Bush St, Hughes, AR 72348

Family · 21 2BR

Managed by Bunn Real Estate & Property Mana

Units
21
Rental assistance
20
Vacant
5
Accessible
2
Opened
1996

Richard Shannon

249 Sfc 630, Hughes, AR 72348

Family · 2 3BR · Section 514 on-farm labor housing

Units
2
Rental assistance
0
Vacant
0
Accessible
0
Opened
2009

Madison Estates

106 S 5th St, Madison, AR 72359

Elderly · 12 1BR, 12 2BR, 1 3BR

Managed by Bunn Real Estate & Property Mana

Units
25
Rental assistance
22
Vacant
7
Accessible
3
Opened
1993

Whitaker Manor Apts

119 Hadley Dr, Madison, AR 72359

Family · 12 1BR, 20 2BR, 12 3BR, 6 4BR

Managed by Delta Property Management, INC

Units
50
Rental assistance
0
Vacant
6
Accessible
3
Opened
1980

Alcott Manor

7923 Highway 70 W, Palestine, AR 72372

Family · 6 1BR, 8 2BR, 4 3BR

Managed by Strategic Realty Management INC

Units
18
Rental assistance
18
Vacant
0
Accessible
2
Opened
2003

Caleb Jones Farms

507 North Main, Palestine, AR 72372

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

Units
1
Rental assistance
0
Vacant
0
Accessible
0
Opened
2016

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, 13 limited-profit, 2 full-profit. 13 also have housing tax credits. 5 serve 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 St. Francis 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).