North Carolina

USDA rental housing in Caldwell County, NC

9 properties in Caldwell County have USDA Section 515 or 514 financing: 395 apartments across 3 towns. 345 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

9properties
395apartments
345rental 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 Listings come from USDA's public data and may be out of date.

Landmark Apartments

30 Quarry RD, Granite Falls, NC 28630

Family · 24 1BR, 16 2BR

Managed by Fitch Irick Management, LLC

Units
40
Rental assistance
40
Vacant
2
Accessible
0
Opened
1986

Pinewood Plaza Apartments

10 Pinewood Plaza Dr, Granite Falls, NC 28630

Elderly · 40 1BR

Managed by Partnership Property Management

Units
40
Rental assistance
38
Vacant
1
Accessible
0
Opened
1989

Willow Oaks Apts

10 Quarry RD, Granite Falls, NC 28630

Family · 20 2BR, 14 3BR

Managed by Fitch Irick Management, LLC

Units
34
Rental assistance
0
Vacant
2
Accessible
0
Opened
1983

Powder Creek Apartments

200 Powder Creek Ct, Hudson, NC 28638

Family · 14 1BR, 20 2BR

Managed by Partnership Property Management

Units
34
Rental assistance
33
Vacant
0
Accessible
0
Opened
1984

Cedar Run Apartments

124 Cedar Run St NE, Lenoir, NC 28645

Family · 20 1BR, 38 2BR

Managed by Partnership Property Management

Units
58
Rental assistance
56
Vacant
3
Accessible
0
Opened
1981

Cross Creek Apartments

1902 Hickory Blvd SW - Apt.e-1, Lenoir, NC 28645

Family · 26 1BR, 39 2BR

Managed by Partnership Property Management

Units
65
Rental assistance
63
Vacant
1
Accessible
0
Opened
1978

Lhs Apartments

102 Willow St SW, Lenoir, NC 28645

Elderly · 41 1BR, 3 2BR

Managed by Landmark Property Management Com

Units
44
Rental assistance
42
Vacant
0
Accessible
0
Opened
1990

Skyland Apartments

506 Lower Creek Dr NE, Lenoir, NC 28645

Family · 8 1BR, 22 2BR, 4 3BR

Managed by Partnership Property Management

Units
34
Rental assistance
28
Vacant
0
Accessible
0
Opened
1993

Willow Brook Apts

1206 Weaver Ct NE, Lenoir, NC 28645

Family · 14 1BR, 32 2BR

Managed by Partnership Property Management

Units
46
Rental assistance
45
Vacant
0
Accessible
2
Opened
1984

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. 2 also have housing tax credits. 2 serve elderly tenants. USDA's file shows use restrictions on 2 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.

Watch a property for maturity or prepayment

Pick a Caldwell 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).