Mississippi

USDA rental housing in Marshall County, MS

9 properties in Marshall County have USDA Section 515 or 514 financing: 287 apartments across 2 towns. 212 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

9properties
287apartments
212rental assistance units
9vacant 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 Listings come from USDA's public data and may be out of date.

Devonshire Apt C/o Carpenter Mgmt

65 Stonewall RD, Byhalia, MS 38611

Family · 4 1BR, 28 2BR, 4 3BR

Managed by Carpenter Mgmt Co

Units
36
Rental assistance
35
Vacant
0
Accessible
0
Opened
1988

White Oak Byhalia

99 Stonewall RD, Byhalia, MS 38611

Family · 8 1BR, 10 2BR, 7 3BR

Managed by Cms Management LLC

Units
25
Rental assistance
25
Vacant
0
Accessible
0
Opened
2001

Country Village Eld

660 Martin Luther King Jr Dr, Holly Springs, MS 38635

Elderly · 32 1BR, 4 2BR

Managed by J & A Mgmt

Units
36
Rental assistance
36
Vacant
0
Accessible
4
Opened
1981

Heritage Trails Apts.

265 Woodward Ave, Holly Springs, MS 38635

Family · 24 2BR

Managed by Intervest Corp

Units
24
Rental assistance
24
Vacant
2
Accessible
0
Opened
1993

Holly Estates Ltd C/o J & A Mgmt

750 Martin Luther King Jr Dr, Holly Springs, MS 38635

Family · 2 1BR, 22 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
24
Vacant
1
Accessible
0
Opened
1988

Holly Hills Apt Ltd

665 Martin Luther King Jr Dr, Holly Springs, MS 38635

Family · 48 2BR

Managed by Cms Management LLC

Units
48
Rental assistance
44
Vacant
3
Accessible
0
Opened
1981

Holly Springs Assoc C/o Cms Mgmt

408 West St, Holly Springs, MS 38635

Elderly · 20 1BR

Managed by Cms Management LLC

Units
20
Rental assistance
0
Vacant
0
Accessible
0
Opened
1978

Red Oaks Apt C/o Southeastern Mgmt Co INC

Old Highway 78, Holly Springs, MS 38635

Family · 8 1BR, 16 2BR

Managed by Southeastern Mgmt Co INC

Units
24
Rental assistance
24
Vacant
1
Accessible
0
Opened
2000

S V Of Holly Springs LP C/o The Lloyd Group

360 West St, Holly Springs, MS 38635

Family · 18 1BR, 28 2BR, 4 3BR

Managed by The Lloyd Group INC

Units
50
Rental assistance
0
Vacant
2
Accessible
3
Opened
1999

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 9 are limited-profit. 4 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 Marshall 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).