Colorado

USDA rental housing in Rio Grande County, CO

10 properties in Rio Grande County have USDA Section 515 or 514 financing: 345 apartments across 4 towns. 304 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

10properties
345apartments
304rental assistance units
90vacant 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 Listings come from USDA's public data and may be out of date.

Tierra Nueva Dormitory Center

980 S Broadway, Center, CO 81125

Family · 72 1BR · Section 514 off-farm labor housing

Units
72
Rental assistance
72
Vacant
72
Accessible
0
Opened
1998

Tierra Nueva Family Center

980 S Broadway, Center, CO 81125

Family · 16 3BR, 9 4BR · Section 514 off-farm labor housing

Units
25
Rental assistance
25
Vacant
0
Accessible
3
Opened
2001

Gateway Villa Apts

929 Spruce Street, Del Norte, CO 81132

Family · 12 2BR

Managed by Landmark Management Group, INC

Units
12
Rental assistance
12
Vacant
1
Accessible
1
Opened
1990

Clearview Apts.

230 Clearview Dr, Monte Vista, CO 81144

Family · 8 1BR, 16 2BR

Managed by Bosley Management, INC

Units
24
Rental assistance
21
Vacant
3
Accessible
2
Opened
1989

Monte Vista Apts

2169 Sherman Ave, Monte Vista, CO 81144

Family · 12 1BR, 8 2BR

Managed by Bosley Management, INC

Units
20
Rental assistance
19
Vacant
6
Accessible
1
Opened
1984

Monte Vista Housing Complex

Scattered Sites In Monte Vista, Monte Vista, CO 81144

Family · 9 1BR, 44 2BR, 3 3BR

Units
56
Rental assistance
52
Vacant
1
Accessible
2
Opened
1970

Sierra Vista Apts Of Monte Vista

500 Jackson St, Monte Vista, CO 81144

Family · 4 2BR, 20 3BR, 4 4BR

Units
28
Rental assistance
0
Vacant
0
Accessible
3
Opened
1979

Valley Grande Apts

2256 East Drive, Monte Vista, CO 81101

Family · 30 2BR, 6 3BR

Managed by Landmark Management Group, INC

Units
36
Rental assistance
35
Vacant
5
Accessible
2
Opened
2007

Westview Villas

510 Dunham St, Monte Vista, CO 81144

Family · 8 2BR, 16 3BR

Managed by Landmark Management Group, INC

Units
24
Rental assistance
23
Vacant
1
Accessible
2
Opened
2002

Garden Walk So Fork

170 Bonnaville Dr, South Fork, CO 81154

Family · 12 1BR, 34 2BR, 2 3BR

Managed by Belmont Management Co., INC

Units
48
Rental assistance
45
Vacant
1
Accessible
5
Opened
1991

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 nonprofit, 6 limited-profit. 5 also have housing tax credits. 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 Rio Grande 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).