Fernwood Meadow
625 Silverlace Blvd, Fernley, NV 89408
Elderly · 28 1BR
Managed by Weststates Prop Mgmt Co
- Units
- 28
- Rental assistance
- 27
- Vacant
- 1
- Accessible
- 0
- Opened
- 1990
Nevada
USDA rental housing in Lyon County, NV
9 properties in Lyon County have USDA Section 515 or 514 financing: 234 apartments across 3 towns. 183 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
9properties
234apartments
183rental assistance units
18vacant 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 Listings come from USDA's public data and may be out of date.
Sandia Manor Rehabilitation LLC
365 Jill Ct, Fernley, NV 89408
Family · 14 1BR, 12 2BR
Managed by Ad-west Realty Services, INC
- Units
- 26
- Rental assistance
- 24
- Vacant
- 1
- Accessible
- 0
- Opened
- 1984
Sierra Run Apt
219 Lois Ln, Fernley, NV 89408
Family · 9 1BR, 12 2BR
Managed by Weststates Prop Mgmt Co
- Units
- 21
- Rental assistance
- 11
- Vacant
- 0
- Accessible
- 0
- Opened
- 1984
Sierra Run II Apt
217 Lois Lane, Fernley, NV 89408
Elderly · 24 1BR
Managed by Weststates Prop Mgmt Co
- Units
- 24
- Rental assistance
- 23
- Vacant
- 1
- Accessible
- 0
- Opened
- 1981
Silver Springs Village Apt
3160 Elm St, Silver Springs, NV 89429
Elderly · 24 1BR
Managed by Weststates Prop Mgmt Co
- Units
- 24
- Rental assistance
- 24
- Vacant
- 1
- Accessible
- 2
- Opened
- 1997
Snyder Livestock Co
81 Osborne Ln, Yerington, NV 89447
Family · 1 units · Section 514 on-farm labor housing
- Units
- 1
- Rental assistance
- 0
- Vacant
- 0
- Accessible
- 1
- Opened
- 2009
Southwood Apartment
403 South St, Yerington, NV 89447
Family · 6 1BR, 19 2BR, 1 3BR
Managed by Blue Bird Property, LLC
- Units
- 26
- Rental assistance
- 23
- Vacant
- 0
- Accessible
- 0
- Opened
- 1984
Yerington Manor
101 S Mountain View St, Yerington, NV 89447
Elderly · 51 1BR, 1 2BR
Managed by Blue Bird Property, LLC
- Units
- 52
- Rental assistance
- 21
- Vacant
- 12
- Accessible
- 35
- Opened
- 1979
Yerington Village
608 Surprise St, Yerington, NV 89447
Family · 4 1BR, 20 2BR, 8 3BR
Managed by Weststates Prop Mgmt Co
- Units
- 32
- Rental assistance
- 30
- Vacant
- 2
- Accessible
- 0
- 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
Ownership: 8 limited-profit, 1 full-profit. 7 also have housing tax credits. 4 serve elderly tenants. USDA's file shows use restrictions on 3 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.
Every property in one file: 515/514 portfolio download (CSV and JSON).