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COTTONWOOD SQUARERural housing (USDA Section 515) in Lorenzo, Texas
COTTONWOOD SQUARE — Rural housing (USDA Section 515) in Lorenzo, Texas Street View
Home
Affordable Housing
Texas
Lorenzo
COTTONWOOD SQUARE
Rural housingUSDA 515Family housingRental Assistance AvailableFarm Labor Housing

COTTONWOOD SQUARERural housing (USDA Section 515) in Lorenzo, Texas

1401 5TH ST, LORENZO, TX 79343

Best fit

Families

Rent

30% of adjusted income

Floor plans

1 Bed • 2 Bed • 3 Bed

Total Units

40

Assisted

40

COTTONWOOD SQUARE — Rural housing (USDA Section 515) in Lorenzo, Texas Street View

Neighborhood & Amenities

Walk Score®

21/100• Car-Dependent

Bike Score®

31/100• Somewhat Bikeable

Walk Score®, Transit Score®, and Bike Score® are trademarks of Walk Score and Redfin.

How Walk Score works

How rent works

What this means for you

30%

of adjusted income

This property includes USDA Section 515. Rent rules can change by unit, so ask the office which program applies to the apartment you want.

USDA Section 515: This is rural housing in a smaller town or rural area. Many tenants pay based on income, but the exact rent can vary by unit and assistance level.

How income limits work

To qualify for these apartments at COTTONWOOD SQUARE, your total household income must fit the local Area Median Income (AMI) limits for Lorenzo and the 79343 zip code. The exact rules can vary by program and by household size.

This property includes USDA Section 515. Check the program labels on this page and confirm the exact unit rules with management before you apply.

Local Median (1-Person)

$49,831

Local Median (4-Person)

$71,188

Based on the latest 2024 census data, the figures above show the local median earnings for this area.

Services & Accessibility

Wheelchair & Mobility AccessYes

2 accessible units reported.

Management & Ownership

Management Company

LORENZO FARM HSG ASSOC INC

Property Owner

LORENZO FARM HOUSING ASSOCIATION INC

Non-Profit

Before You Apply

  • Confirm the age rule and income limit

    You must be of qualifying age. Your income must fall within HUD's Area Median Income (AMI) limits for Lorenzo.

  • Ask which unit types are actually available

    This listing shows historically available units. Ask directly if a unit is open today.

  • Verify accessibility before paying any fees

    If you use a wheelchair or walker, confirm elevator access and doorway widths before submitting a paid application.

Rural Housing Rights:USDA Rural Development properties offer rental assistance and have specific tenant grievance procedures. Read the full guide

Questions People Ask

What are the local income limits around Cottonwood square?OpenClose

Income limits are calculated against the Area Median Income (AMI) for the 79343 zip code. Based on recent Census data, the local median income is $49,831 for a single person, and $71,188 for a four-person household. Your specific income cap depends on the exact subsidy program rules applied by management.

To view how these median figures translate to specific income caps (e.g., 30%, 50%, or 60% AMI limits) for all household sizes, check out the AMI Calculator .

!Check Your Qualification Instantly

Our eligibility tool automatically cross-references your household size and gross income with the local AMI database for this property to determine your fit.

Apply Now

Verify your eligibility and send a priority profile directly to management.

Takes 30 seconds. 100% free

More USDA 515 Rural Housing Near Lorenzo

COTTONWOOD SQUARE is one of many income-restricted properties serving Lorenzo and the surrounding area. USDA 515 properties offer rental assistance in eligible rural areas. Browse nearby listings to maximize your options.

COTTONWOOD SQUARE
Rural HousingWaitlist

Cottonwood Square

1401 5th St

Income-BasedCheck Fit
Go to AMI Calculator
What is the USDA Rural Development Low Income Housing Program at Cottonwood square?OpenClose

Cottonwood square is part of the USDA Section 515 program, providing affordable housing to low-income households. This program offers income based apartments and low income housing options in lorenzo.

Do I have to work in agriculture to live in these low income apartments?OpenClose

No. USDA Section 515 housing is open to anyone who meets the income limits for lorenzo. You do not need to be a farmworker or work in agriculture to qualify for these affordable apartments.

How does rent work for USDA affordable housing at this property?OpenClose

Because this property has 100% Rental Assistance, your rent will be capped at roughly 30% of your adjusted household income, providing true income based apartments. Management will calculate your exact rent based on your income documents.

What unit types are reported at Cottonwood square?OpenClose

This record reports: 1 Bed • 2 Bed • 3 Bed. Availability can change rapidly, so ask management which layouts are currently open and whether any accessible units are available.

Does Cottonwood square have wheelchair-accessible units?OpenClose

Yes, this property reports having 2 dedicated accessible unit(s). However, availability is subject to change. You should still call management to verify the dimensions of the doorways and bathrooms, and ensure an accessible unit is currently open.

Is there a waitlist at Cottonwood square?OpenClose

This page currently shows 7 vacant units reported. Even with vacancies, you should still ask whether the unit type you need is immediately available and whether screening or document review could delay move-in.

How do I contact Cottonwood square to apply?OpenClose

Use the eligibility checker to see the next step for this listing. Contact details are not shown here, but you can start the process and get your application path from the property page.

!Start your lead

We'll ask a few basic questions and then show the next step.

COTTONWOOD VILLAGE
Rural HousingWaitlist

Cottonwood Village

Cottonwood Village

Income-BasedCheck Fit
View more USDA 515 rural housing in LorenzoAll Texas listings

Data Provenance

Sourced from USDA Section 515 Directory. Last updated: Jun 20, 2026.Read our methodology.