Texas

USDA rental housing in Cameron County, TX

5 properties in Cameron County have USDA Section 515 or 514 financing: 220 apartments across 4 towns. 210 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

5properties
220apartments
210rental assistance units
10vacant 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 Listings come from USDA's public data and may be out of date.

Buena Vida Apt 1

407 N. Kansas City RD., La Feria, TX 78559

Elderly · 40 1BR, 18 2BR

Managed by Hamilton Valley Management

Units
58
Rental assistance
58
Vacant
2
Accessible
3
Opened
1985

Las Palmas

27745 S Kansas City RD, La Feria, TX 78559

Elderly · 32 1BR, 4 2BR

Managed by Hamilton Valley Management

Units
36
Rental assistance
35
Vacant
0
Accessible
2
Opened
1999

Bahia Palms Apts C/o Fountainhead LP

1303 Pino Dr, Laguna Vista, TX 78578

Family · 32 1BR, 32 2BR

Managed by Fountainhead Mgmt

Units
64
Rental assistance
62
Vacant
2
Accessible
4
Opened
2004

Raintree Apts

801 S Mesquite, Los Fresnos, TX 78566

Elderly · 28 1BR, 4 2BR

Managed by Mid-coast Prop Mgmt INC

Units
32
Rental assistance
31
Vacant
1
Accessible
0
Opened
1987

Casa Del Valle

210 Morning Glory Dr, Rio Hondo, TX 78583

Elderly · 28 1BR, 2 2BR

Managed by Hamilton Valley Management

Units
30
Rental assistance
24
Vacant
5
Accessible
2
Opened
1993

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 5 are limited-profit. 3 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 Cameron 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).