Everything You Need to Know About USDA 515
USDA Section 515 Rural Development housing provides affordable rental homes in eligible rural communities. The program supports both family housing and elderly/disabled housing developments located outside major metropolitan areas.
Who pays the rent? USDA funds the development through direct loans and rental assistance. Tenants with rental assistance pay approximately 30% of their adjusted income. Properties without full rental assistance charge market-adjusted rents that are still lower than comparable private housing in the area.
Who qualifies? You must meet USDA income limits — generally very low or low income — and reside in an eligible rural area. Some properties are specifically designated for elderly or disabled households (Rental Code EL), while others serve families (FA) or a mix. You do not need to work in agriculture.
Use this directory to find every USDA 515 property by state and city. Vacancy data, contact information, and rental assistance status are shown on each property page.
How Rent Works
Tenants with Rental Assistance pay 30% of adjusted income. Properties without full rental assistance set rents below comparable market rates. Utility allowances apply.
Key Program Facts
- Located in USDA-designated rural areas — outside major metro zones
- Some properties reserved for elderly/disabled; others for families
- Rental Assistance contracts cap rent at 30% of adjusted income
- No requirement to work in agriculture or farming