Florida

USDA rental housing in Citrus County, FL

14 properties in Citrus County have USDA Section 515 or 514 financing: 536 apartments across 5 towns. 473 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

14properties
536apartments
473rental assistance units
34vacant 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 Listings come from USDA's public data and may be out of date.

Crystal River Apts

6161 W Olive Branch Loop, Crystal River, FL 34428

Family · 12 1BR, 24 2BR

Managed by Florida Management Associates, I

Units
36
Rental assistance
25
Vacant
1
Accessible
2
Opened
1987

Ridgeview Apts.

880 SE 8th Ave, Crystal River, FL 34429

Family · 12 1BR, 32 2BR

Managed by Royal American Management, INC

Units
44
Rental assistance
30
Vacant
3
Accessible
3
Opened
1988

River Reach

2151 N River Reach Circle, Crystal River, FL 34428

Elderly · 39 1BR, 3 2BR

Managed by Hallmark Management, INC

Units
42
Rental assistance
41
Vacant
8
Accessible
4
Opened
1991

Floral Oaks Apts

8092 S Floral Oaks Cir, Floral City, FL 34436

Elderly · 29 1BR, 7 2BR

Managed by Hallmark Management, INC

Units
36
Rental assistance
35
Vacant
1
Accessible
2
Opened
1994

Ventura Village

3580 E Wood Knoll Ln, Hernando, FL 34442

Elderly · 44 1BR, 10 2BR

Managed by Hallmark Management, INC

Units
54
Rental assistance
51
Vacant
3
Accessible
3
Opened
1990

Homosassa Ltd

4400 S Marquis Pt, Homosassa, FL 34446

Elderly · 18 1BR, 19 2BR

Managed by A & M Business Properties, INC

Units
37
Rental assistance
35
Vacant
3
Accessible
2
Opened
1980

Candlewood Court Apts

307 Washington Ave, Inverness, FL 34450

Family · 4 1BR, 20 2BR

Managed by Flynn Management Corporation

Units
24
Rental assistance
24
Vacant
5
Accessible
2
Opened
1985

Inverness Club

518 Ella Ave, Inverness, FL 34450

Congregate (elderly) · 72 1BR, 2 2BR

Managed by Tishco Properties LLC

Units
74
Rental assistance
72
Vacant
4
Accessible
8
Opened
1991

Knollwood Townhomes

1712 Druid RD, Inverness, FL 34452

Family · 10 1BR, 10 2BR

Managed by Flynn Management Corporation

Units
20
Rental assistance
19
Vacant
1
Accessible
1
Opened
1986

Parke Forest Apt II

1133 Mossy Oak Dr, Inverness, FL 34450

Family · 8 1BR, 20 2BR

Managed by Winterwood INC

Units
28
Rental assistance
22
Vacant
2
Accessible
1
Opened
1988

Parke Forest Apts

1133 Mossy Oak Dr, Inverness, FL 34450

Family · 8 1BR, 20 2BR, 4 3BR

Managed by Winterwood INC

Units
32
Rental assistance
24
Vacant
2
Accessible
1
Opened
1985

Raintree Apts II

201 E Hill St, Inverness, FL 34452

Elderly · 24 1BR, 10 2BR

Managed by Hallmark Management, INC

Units
34
Rental assistance
28
Vacant
0
Accessible
2
Opened
1986

Raintree Apts., Ltd

201 E Hill St, Inverness, FL 34452

Family · 16 1BR, 10 2BR, 6 3BR

Managed by Hallmark Management, INC

Units
32
Rental assistance
25
Vacant
1
Accessible
2
Opened
1983

Washington Square Apartments

300 Washington Ave, Inverness, FL 34450

Elderly · 43 2BR

Managed by A & M Business Properties, INC

Units
43
Rental assistance
42
Vacant
0
Accessible
2
Opened
1980

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

All 14 are limited-profit. 2 also have housing tax credits. 7 serve elderly tenants. USDA's file shows use restrictions on 2 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 Citrus 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).