Florida

USDA rental housing in Indian River County, FL

6 properties in Indian River County have USDA Section 515 or 514 financing: 474 apartments across 2 towns. 372 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
474apartments
372rental assistance units
47vacant 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 Listings come from USDA's public data and may be out of date.

Whispering Pines

10072 Esperanza Circle, Fellsmere, FL 32948

Family · 8 1BR, 21 2BR, 34 3BR, 8 4BR · Section 514 off-farm labor housing

Managed by Tm Associates Management, INC

Units
71
Rental assistance
55
Vacant
17
Accessible
2
Opened
2004

Amelia Village

3605 16th St, Vero Beach, FL 32960

Elderly · 21 1BR, 29 2BR

Managed by American Apt. Mgmt. Co., INC

Units
50
Rental assistance
48
Vacant
1
Accessible
2
Opened
1979

Heritage Villas I

4049 44th Manor, Vero Beach, FL 32967

Family · 38 1BR, 79 2BR

Managed by Dimension One Management, INC

Units
117
Rental assistance
84
Vacant
6
Accessible
7
Opened
1986

Orangewood Park

3829 42nd Pl, Vero Beach, FL 32967

Family · 40 2BR, 50 3BR, 10 4BR · Section 514 off-farm labor housing

Managed by Nelson & Associates, INC

Units
100
Rental assistance
74
Vacant
8
Accessible
6
Opened
1991

Sunset Apartments

4100 45th Pl, Vero Beach, FL 32967

Elderly · 32 1BR, 4 2BR

Managed by Flynn Management Corporation

Units
36
Rental assistance
35
Vacant
1
Accessible
2
Opened
1997

Victory Park

3980 King Pl, Vero Beach, FL 32967

Family · 40 2BR, 50 3BR, 10 4BR · Section 514 off-farm labor housing

Managed by Nelson & Associates, INC

Units
100
Rental assistance
76
Vacant
14
Accessible
3
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: 3 nonprofit, 3 limited-profit. 3 also have housing tax credits. 2 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 Indian River 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).