Oregon

USDA rental housing in Jefferson County, OR

6 properties in Jefferson County have USDA Section 515 or 514 financing: 164 apartments in Madras. 161 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
164apartments
161rental assistance units
17vacant 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 Listings come from USDA's public data and may be out of date.

Canyon East Apts

280 NE Jefferson St, Madras, OR 97741

Family · 8 2BR, 12 3BR, 4 4BR · Section 514 off-farm labor housing

Managed by Cascade Management Co.

Units
24
Rental assistance
24
Vacant
5
Accessible
3
Opened
2010

Jefferson Court

319 SW G St, Madras, OR 97741

Family · 10 1BR, 16 2BR

Managed by Ad-west Realty Services, INC

Units
26
Rental assistance
25
Vacant
2
Accessible
0
Opened
1979

Madison Apartments

950 Madison Street, Madras, OR 97741

Family · 5 1BR, 19 2BR, 6 3BR

Managed by Viridian Management, INC

Units
30
Rental assistance
30
Vacant
2
Accessible
2
Opened
1995

Madras Estates Apts

242 SW Third Street, Madras, OR 97741

Elderly · 23 1BR, 1 2BR

Managed by Ad-west Realty Services, INC

Units
24
Rental assistance
23
Vacant
1
Accessible
2
Opened
1994

Menta Park Lh

Scattered Sites, Madras, OR 97741

Family · 4 2BR, 10 3BR, 6 4BR · Section 514 off-farm labor housing

Managed by Cascade Management Co.

Units
20
Rental assistance
20
Vacant
2
Accessible
0
Opened
1994

Willow Creek Apartments

410 NE Oak Street, Madras, OR 97741

Family · 10 1BR, 24 2BR, 6 3BR

Managed by Viridian Management, INC

Units
40
Rental assistance
39
Vacant
5
Accessible
2
Opened
1990

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: 2 nonprofit, 4 limited-profit. 5 also have housing tax credits. 1 serves 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 Jefferson 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).