Florida

USDA rental housing in Lake County, FL

33 properties in Lake County have USDA Section 515 or 514 financing: 1,374 apartments across 10 towns. 1,210 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

33properties
1,374apartments
1,210rental assistance units
50vacant 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 Listings come from USDA's public data and may be out of date.

Clermont Sands

400 E Highland Ave, Clermont, FL 34711

Family · 16 1BR, 20 2BR

Managed by Dimension One Management, INC

Units
36
Rental assistance
27
Vacant
2
Accessible
2
Opened
1985

Lakeview Villas Ltd

200 12th St, Clermont, FL 34711

Elderly · 34 1BR, 4 2BR

Managed by American Apt. Mgmt. Co., INC

Units
38
Rental assistance
37
Vacant
3
Accessible
4
Opened
1981

Sunny Hill Apts.

760 Pitt St, Clermont, FL 34711

Family · 8 1BR, 24 2BR, 2 3BR

Managed by Flynn Management Corporation

Units
34
Rental assistance
33
Vacant
1
Accessible
2
Opened
1983

Woodcliff Apts.

1000 Disston Avenue, Clermont, FL 34711

Elderly · 26 1BR, 8 2BR

Managed by Flynn Management Corporation

Units
34
Rental assistance
34
Vacant
1
Accessible
2
Opened
1986

Austin Commons

2726 Kurt St, Eustis, FL 32726

Elderly · 39 1BR, 21 2BR

Managed by American Apt. Mgmt. Co., INC

Units
60
Rental assistance
60
Vacant
0
Accessible
6
Opened
1979

Colony Court

801 Mount Homer RD, Eustis, FL 32726

Elderly · 38 1BR, 9 2BR

Managed by Hallmark Management, INC

Units
47
Rental assistance
45
Vacant
0
Accessible
3
Opened
1989

Eustis Homes Ltd

101 Glover St, Eustis, FL 32726

Family · 6 1BR, 25 2BR, 5 3BR

Managed by Rand Management Company

Units
36
Rental assistance
35
Vacant
2
Accessible
0
Opened
1979

Eustis Sands Apts

52 Sand Cir, Eustis, FL 32726

Elderly · 36 1BR, 14 2BR

Managed by Dimension One Management, INC

Units
50
Rental assistance
49
Vacant
6
Accessible
3
Opened
1986

Foxwood Apts.

2510 E Washington Ave, Eustis, FL 32726

Family · 12 1BR, 20 2BR

Managed by Tm Associates Management, INC

Units
32
Rental assistance
23
Vacant
4
Accessible
2
Opened
1986

Pendry Villas

2728 Ruleme St, Eustis, FL 32726

Elderly · 22 1BR, 10 2BR

Managed by T. Mannausa & Company

Units
32
Rental assistance
32
Vacant
0
Accessible
2
Opened
1983

Rosemont Manor

1801 N County Road 19a, Eustis, FL 32726

Family · 18 1BR, 19 2BR

Managed by Hallmark Management, INC

Units
37
Rental assistance
33
Vacant
0
Accessible
2
Opened
1995

Tall Pines Villas

1000 Wall St, Eustis, FL 32726

Family · 20 2BR, 24 3BR, 12 4BR · Section 514 off-farm labor housing

Managed by Dimension One Management, INC

Units
56
Rental assistance
32
Vacant
3
Accessible
4
Opened
1983

Fruitland Acres Ltd

303 Urick St, Fruitland Park, FL 34731

Family · 10 1BR, 26 2BR

Managed by Dimension One Management, INC

Units
36
Rental assistance
22
Vacant
2
Accessible
2
Opened
1994

Mirror Lake Manor

301 E Mirror Lake Dr, Fruitland Park Dr., FL 34731

Family · 14 1BR, 18 2BR

Managed by T. Mannausa & Company

Units
32
Rental assistance
31
Vacant
0
Accessible
2
Opened
1987

Greenleaf Village

162 Jim Payne RD, Groveland, FL 34736

Elderly · 32 1BR, 5 2BR

Managed by Hallmark Management, INC

Units
37
Rental assistance
35
Vacant
3
Accessible
2
Opened
1995

Sun Village, Ltd.

829 Village Cir, Groveland, FL 34736

Family · 10 1BR, 23 2BR, 1 3BR

Managed by Flynn Management Corporation

Units
34
Rental assistance
23
Vacant
0
Accessible
2
Opened
1988

Lake North Apts II

511 Highway 466, Lady Lake, FL 32159

Family · 12 1BR, 24 2BR

Managed by Lakewood Management, INC

Units
36
Rental assistance
29
Vacant
1
Accessible
2
Opened
1989

Lake North Apts Ltd

511 Highway 466, Lady Lake, FL 32159

Family · 12 1BR, 13 2BR, 5 3BR

Managed by Lakewood Management, INC

Units
30
Rental assistance
22
Vacant
4
Accessible
2
Opened
1985

Lakewood Villas

306 S Old Dixie Hwy, Lady Lake, FL 32159

Elderly · 32 1BR, 4 2BR

Managed by Dimension One Management, INC

Units
36
Rental assistance
36
Vacant
0
Accessible
2
Opened
1994

Lakewood Villas

2345 South St, Leesburg, FL 34748

Elderly · 24 1BR, 12 2BR

Managed by Flynn Management Corporation

Units
36
Rental assistance
36
Vacant
0
Accessible
2
Opened
1990

Montclair Village

2000 Park Cir, Leesburg, FL 34748

Family · 28 2BR, 26 3BR, 26 4BR · Section 514 off-farm labor housing

Managed by Rand Management Company

Units
80
Rental assistance
66
Vacant
2
Accessible
0
Opened
1981

Palm Brook Apts Ltd

37 Brook Cir, Leesburg, FL 34748

Family · 42 1BR, 8 2BR

Managed by Winterwood INC

Units
50
Rental assistance
36
Vacant
4
Accessible
3
Opened
1986

Pepper Tree Apts

2503 South St, Leesburg, FL 34748

Elderly · 30 1BR, 40 2BR

Managed by Rand Management Company

Units
70
Rental assistance
64
Vacant
1
Accessible
0
Opened
1979

Pepper Tree Apts II

2503 South St, Leesburg, FL 34748

Elderly · 35 1BR

Managed by Rand Management Company

Units
35
Rental assistance
32
Vacant
0
Accessible
0
Opened
1981

The Ridge At Mount Dora Apts.

3000 Lake Center Dr, Mount Dora, FL 32757

Family · 8 1BR, 36 2BR

Managed by Royal American Management, INC

Units
44
Rental assistance
44
Vacant
3
Accessible
3
Opened
1989

Villas Of Mt. Dora

3001 Javens Cir, Mount Dora, FL 32757

Elderly · 46 1BR, 24 2BR

Managed by American Apt. Mgmt. Co., INC

Units
70
Rental assistance
69
Vacant
2
Accessible
4
Opened
1979

Colonial Pines Apts

895 Mansfield RD, Tavares, FL 32778

Family · 24 2BR, 6 3BR

Managed by Flynn Management Corporation

Units
30
Rental assistance
30
Vacant
1
Accessible
2
Opened
1984

Colony West Apts

750 W Main St, Tavares, FL 32778

Family · 15 2BR, 3 3BR

Managed by Flynn Management Corporation

Units
18
Rental assistance
17
Vacant
2
Accessible
0
Opened
1982

Lakebreeze Apts.

1575 David Walker Dr, Tavares, FL 32778

Elderly · 30 1BR, 6 2BR

Managed by Flynn Management Corporation

Units
36
Rental assistance
32
Vacant
1
Accessible
2
Opened
1994

Sierra Village Apts

51 Sierra Dr, Tavares, FL 32778

Family · 42 1BR, 8 2BR

Managed by Winterwood INC

Units
50
Rental assistance
37
Vacant
1
Accessible
3
Opened
1986

East Lake Apts

248 E Collins St, Umatilla, FL 32784

Family · 12 1BR, 30 2BR

Managed by Royal American Management, INC

Units
42
Rental assistance
33
Vacant
0
Accessible
3
Opened
1986

Orangewood Villas

220 E Collins St, Umatilla, FL 32784

Elderly · 36 1BR, 10 2BR

Managed by Hallmark Management, INC

Units
46
Rental assistance
42
Vacant
1
Accessible
3
Opened
1989

Pearl Lane

725 North Umatilla Blvd, Umatilla, FL 32784

Elderly · 30 1BR, 4 2BR

Managed by Flynn Management Corporation

Units
34
Rental assistance
34
Vacant
0
Accessible
2
Opened
1987

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, 31 limited-profit. 15 also have housing tax credits. 15 serve elderly tenants. USDA's file shows use restrictions on 7 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 Lake 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).