North Carolina

USDA rental housing in Surry County, NC

11 properties in Surry County have USDA Section 515 or 514 financing: 462 apartments across 4 towns. 363 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

11properties
462apartments
363rental assistance units
8vacant 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 Listings come from USDA's public data and may be out of date.

Dobson Village Apts

101 Village Circle, Dobson, NC 27017

Family · 4 1BR, 20 2BR

Managed by Womble Rental Management

Units
24
Rental assistance
24
Vacant
1
Accessible
0
Opened
1986

Shamrock Terrace

200 Hamby RD, Dobson, NC 27017

Elderly · 32 1BR

Managed by Community Management

Units
32
Rental assistance
32
Vacant
1
Accessible
2
Opened
1993

Collinswood Apts

250 Lyles St, Elkin, NC 28621

Family · 22 1BR, 30 2BR

Managed by Partnership Property Management

Units
52
Rental assistance
25
Vacant
2
Accessible
0
Opened
1983

Elk Court Apts

150 Elk Court Dr, Elkin, NC 28621

Elderly · 39 1BR, 1 2BR

Managed by Landura Management Asso Ltd

Units
40
Rental assistance
40
Vacant
0
Accessible
0
Opened
1991

Maple Ridge Apts.

900 Johnson Ridge RD, Elkin, NC 28621

Congregate (elderly) · 37 1BR, 1 2BR

Managed by Landura Management Asso Ltd

Units
38
Rental assistance
38
Vacant
0
Accessible
2
Opened
1994

Woodrun Apts

200 Lyles St, Elkin, NC 28621

Family · 22 1BR, 36 2BR

Managed by Partnership Property Management

Units
58
Rental assistance
22
Vacant
1
Accessible
0
Opened
1981

Garden Terrace Apartments

100 Garden Terrace, Mount Airy, NC 27030

Elderly · 36 1BR

Managed by Community Management

Units
36
Rental assistance
36
Vacant
0
Accessible
2
Opened
1994

Pine Terrace Apts

407 Pine Terrace Dr, Mount Airy, NC 27030

Family · 8 1BR, 32 2BR

Managed by Community Management

Units
40
Rental assistance
32
Vacant
1
Accessible
2
Opened
1990

River Hill

1248 Newsome St, Mount Airy, NC 27030

Family · 20 1BR, 30 2BR

Managed by Community Management

Units
50
Rental assistance
50
Vacant
0
Accessible
2
Opened
1983

Willow Hill Apts

830 Willow Hill Circle, Mount Airy, NC 27030

Family · 12 1BR, 32 2BR

Managed by Community Management

Units
44
Rental assistance
16
Vacant
1
Accessible
2
Opened
1987

Pinnacle Hill

106 S Key St, Pilot Mountain, NC 27041

Family · 16 1BR, 32 2BR

Managed by Community Management

Units
48
Rental assistance
48
Vacant
1
Accessible
0
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 11 are limited-profit. 3 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.

Watch a property for maturity or prepayment

Pick a Surry 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).