Banyan Woods Apts
1298 W Gladiola Dr, Avon Park, FL 33825
Elderly · 42 1BR, 8 2BR
Managed by Winterwood Fam Portfolio Mgmt
- Units
- 50
- Rental assistance
- 50
- Vacant
- 3
- Accessible
- 3
- Opened
- 1986
Florida
USDA rental housing in Highlands County, FL
11 properties in Highlands County have USDA Section 515 or 514 financing: 457 apartments across 3 towns. 430 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
11properties
457apartments
430rental assistance units
26vacant 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 Listings come from USDA's public data and may be out of date.
Castle Hill Apts
1025 S Castlehill Dr, Avon Park, FL 33825
Elderly · 32 1BR, 4 2BR
Managed by Dimension One Management, INC
- Units
- 36
- Rental assistance
- 36
- Vacant
- 0
- Accessible
- 2
- Opened
- 1994
Heron's Landing Apt
1 Herons Landing Ln, Lake Placid, FL 33852
Elderly · 30 1BR, 7 2BR
Managed by Hallmark Management, INC
- Units
- 37
- Rental assistance
- 36
- Vacant
- 0
- Accessible
- 0
- Opened
- 1992
Placid Arms Apts
108 Arron Dr, Lake Placid, FL 33852
Family · 8 1BR, 16 2BR, 8 3BR
Managed by Hallmark Management, INC
- Units
- 32
- Rental assistance
- 29
- Vacant
- 7
- Accessible
- 2
- Opened
- 1984
Thornbury Apts
31 Chelsea Street, Lake Placid, FL 33852
Family · 27 1BR, 21 2BR
Managed by Flynn Management Corporation
- Units
- 48
- Rental assistance
- 46
- Vacant
- 1
- Accessible
- 3
- Opened
- 1987
Brae Locke Villas
4071 Thunderbird RD, Sebring, FL 33872
Family · 8 1BR, 27 2BR
Managed by Parent Management Company
- Units
- 35
- Rental assistance
- 30
- Vacant
- 2
- Accessible
- 2
- Opened
- 1984
Briarwood Apts
1335 Spinks Ln, Sebring, FL 33870
Elderly · 36 1BR, 5 2BR
Managed by Dimension One Management, INC
- Units
- 41
- Rental assistance
- 37
- Vacant
- 2
- Accessible
- 2
- Opened
- 1993
Citrus Terrace Apts
1219 Citrus Terrace Dr, Sebring, FL 33870
Family · 10 1BR, 16 2BR, 16 3BR
Managed by Hallmark Management, INC
- Units
- 42
- Rental assistance
- 42
- Vacant
- 4
- Accessible
- 3
- Opened
- 1989
Hope Villas
2300 Hope Circle, Sebring, FL 33870
Family · 3 1BR, 16 2BR, 31 3BR, 2 4BR · Section 514 off-farm labor housing
Managed by Tm Associates Management, INC
- Units
- 52
- Rental assistance
- 46
- Vacant
- 1
- Accessible
- 3
- Opened
- 1997
Martin Luther King Terrace
1848 Jones Dr, Sebring, FL 33870
Family · 12 1BR, 18 2BR, 10 3BR, 4 4BR
Managed by Parent Management Company
- Units
- 44
- Rental assistance
- 42
- Vacant
- 2
- Accessible
- 0
- Opened
- 1978
The Villas Ltd
1300 Persimmon Ct, Sebring, FL 33870
Family · 16 1BR, 24 2BR
Managed by Dimension One Management, INC
- Units
- 40
- Rental assistance
- 36
- Vacant
- 4
- Accessible
- 2
- 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: 2 nonprofit, 9 limited-profit. 5 also have housing tax credits. 4 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).