Missouri

USDA rental housing in Boone County, MO

6 properties in Boone County have USDA Section 515 or 514 financing: 154 apartments across 5 towns. 81 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
154apartments
81rental assistance units
4vacant 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 Listings come from USDA's public data and may be out of date.

Centralia I

525 W Southgate St, Centralia, MO 65240

Family · 12 1BR, 12 2BR

Managed by Maco Management Co INC

Units
24
Rental assistance
23
Vacant
0
Accessible
0
Opened
1986

Sunset Gardens INC

109 E Wigham St, Centralia, MO 65240

Elderly · 64 1BR, 4 2BR

Managed by Sunset Gardens INC

Units
68
Rental assistance
26
Vacant
2
Accessible
2
Opened
1975

Q & E No 1 L P

107 Elaine Ave, Hallsville, MO 65255

Elderly · 8 1BR

Managed by Boling Property Management Gp, L

Units
8
Rental assistance
8
Vacant
0
Accessible
0
Opened
1994

River Hills Hsg

121 Center St, Hartsburg, MO 65039

Elderly · 12 1BR

Managed by Associated Realty

Units
12
Rental assistance
5
Vacant
0
Accessible
0
Opened
1985

Moniteau Housing

104 Central St, Rocheport, MO 65279

Elderly · 10 1BR

Managed by Moniteau Housing

Units
10
Rental assistance
5
Vacant
2
Accessible
2
Opened
1974

Buena Vista Homes

405 N Ogden St, Sturgeon, MO 65284

Elderly · 32 1BR

Units
32
Rental assistance
14
Vacant
0
Accessible
2
Opened
1977

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: 4 nonprofit, 2 limited-profit. 1 also has housing tax credits. 5 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 Boone 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).