Mississippi

USDA rental housing in Tippah County, MS

7 properties in Tippah County have USDA Section 515 or 514 financing: 163 apartments across 2 towns. 128 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

7properties
163apartments
128rental assistance units
11vacant 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 Listings come from USDA's public data and may be out of date.

Blue Mountain Prop

6210 Highway 15, Blue Mountain, MS 38610

Family · 4 1BR, 20 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
23
Vacant
0
Accessible
1
Opened
1983

Ripley Apt Ltd

209 Elmwood St, Ripley, MS 38663

Family · 23 2BR

Managed by J & A Mgmt

Units
23
Rental assistance
23
Vacant
3
Accessible
0
Opened
1978

Ripley Asoc II, LP

203 Elmwood St, Ripley, MS 38663

Family · 24 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
23
Vacant
1
Accessible
1
Opened
1994

Ripley Housing LP

1120 Hensley Street, Ripley, MS 38663

Elderly · 16 1BR, 8 2BR

Managed by Intervest Corp

Units
24
Rental assistance
0
Vacant
3
Accessible
2
Opened
1993

Ripley Manor LP

226 Market Street, Ripley, MS 38663

Elderly · 20 1BR, 4 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
22
Vacant
1
Accessible
2
Opened
1990

Ripley Townhouses LP

316 Market Street, Ripley, MS 38663

Family · 4 1BR, 20 2BR

Managed by J & A Mgmt

Units
24
Rental assistance
17
Vacant
3
Accessible
1
Opened
1992

Tippah County Elder

Martindale Lane, Ripley, MS 38663

Elderly · 20 1BR

Managed by Delta Property Management, INC

Units
20
Rental assistance
20
Vacant
0
Accessible
2
Opened
1978

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 7 are limited-profit. 4 also have housing tax credits. 3 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.

Watch a property for maturity or prepayment

Pick a Tippah 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).