North Carolina

USDA rental housing in Gaston County, NC

8 properties in Gaston County have USDA Section 515 or 514 financing: 314 apartments across 6 towns. 253 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

8properties
314apartments
253rental assistance units
3vacant 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 Listings come from USDA's public data and may be out of date.

Myrtle Terrace

55 W Myrtle St, Belmont, NC 28012

Elderly · 32 1BR

Managed by Partnership Property Management

Units
32
Rental assistance
0
Vacant
0
Accessible
0
Opened
1979

Cherry Manor Apts

201 S Dixie St, Cherryville, NC 28021

Elderly · 22 1BR

Managed by Property Management

Units
22
Rental assistance
22
Vacant
0
Accessible
0
Opened
1986

Cherrywood Apts

106 Sullivan Dr, Cherryville, NC 28021

Family · 8 1BR, 32 2BR, 8 3BR

Units
48
Rental assistance
41
Vacant
2
Accessible
0
Opened
1991

Church Hill

411 N Pine St, Cherryville, NC 28021

Family · 8 1BR, 20 2BR

Managed by Community Management

Units
28
Rental assistance
28
Vacant
0
Accessible
0
Opened
1984

Oak Forest Apts

117 Oak Forest Ln, Dallas, NC 28034

Family · 26 1BR, 34 2BR

Managed by Partnership Property Management

Units
60
Rental assistance
42
Vacant
0
Accessible
0
Opened
1980

Woodridge Apts

165 Houston Street, Mt Holly, NC 28120

Elderly · 40 1BR, 2 2BR

Managed by Fitch Irick Management, LLC

Units
42
Rental assistance
40
Vacant
0
Accessible
0
Opened
1990

Kendrick Square Apt

800 West Charlotte, Mt. Holly, NC 28120

Family · 21 1BR, 22 2BR, 5 3BR

Managed by Landura Management Asso Ltd

Units
48
Rental assistance
46
Vacant
1
Accessible
0
Opened
1981

Mclurd Manor

111 Mclurd Manor Dr, Stanley, NC 28164

Elderly · 34 1BR

Managed by Mds Management LLC

Units
34
Rental assistance
34
Vacant
0
Accessible
0
Opened
1994

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: 1 nonprofit, 7 limited-profit. 4 also have housing tax credits. 4 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 Gaston 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.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

Every property in one file: 515/514 portfolio download (CSV and JSON).