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Mississippi

USDA rental housing in Pontotoc County, MS

6 properties in Pontotoc County have USDA Section 515 or 514 financing: 180 apartments across 3 towns. 166 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
180apartments
166rental assistance units
5vacant 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 Listings come from USDA's public data and may be out of date.

Ecru Estates LP J & A Mgmt INC

163 Cedar Ridge Dr, Ecru, MS 38841

Family · 4 1BR, 20 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
22
Vacant
1
Accessible
2
Opened
1992

Eld Hsg Of Pontotoc The Lloyd Group INC

180 East HUD Street, Pontotoc, MS 38863

Elderly · 28 1BR, 8 2BR

Managed by The Lloyd Group INC

Units
36
Rental assistance
35
Vacant
0
Accessible
2
Opened
1994

Pontotoc Assoc Ltd

327 Hwy 15 Bypass, Pontotoc, MS 38851

Family · 8 1BR, 16 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
16
Vacant
1
Accessible
2
Opened
1985

Pontotoc Rentals Ltd

Lakeshore Circle, Pontotoc, MS 38863

Family · 24 2BR

Managed by Arbow Management Co INC

Units
24
Rental assistance
24
Vacant
0
Accessible
0
Opened
1979

Pontotoc Senior II, LP

265 Lakeshore Drive, Pontotoc, MS 38663

Elderly · 24 1BR, 24 2BR

Managed by J & A Mgmt

Units
48
Rental assistance
47
Vacant
3
Accessible
4
Opened
1978

Sherman Villas LP J & A Mgmt INC

1018 Line Street, Sherman, MS 38869

Family · 8 1BR, 16 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
22
Vacant
0
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

All 6 are limited-profit. 2 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 Pontotoc 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).