Iowa

USDA rental housing in Dallas County, IA

5 properties in Dallas County have USDA Section 515 or 514 financing: 278 apartments across 4 towns. 243 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

5properties
278apartments
243rental assistance units
47vacant 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 Listings come from USDA's public data and may be out of date.

Adel Manor

500 Van Fossen Ln, Adel, IA 50003

Elderly · 68 1BR

Managed by Community Housing Initiatives In

Units
68
Rental assistance
56
Vacant
11
Accessible
4
Opened
1971

Prairie Village Of Adel

600 S 12th St, Adel, IA 50003

Elderly · 16 1BR, 8 2BR

Managed by National Management Corp.

Units
24
Rental assistance
24
Vacant
6
Accessible
2
Opened
1980

Candleridge VII LLC

515 Brick Street SE, Bondurant, IA 50035

Elderly · 154 1BR

Managed by National Management Corp.

Units
154
Rental assistance
131
Vacant
29
Accessible
13
Opened
1994

Amy-gene Acres

1107 Sugar Grove Ave, Dallas Center, IA 50063

Elderly · 16 1BR, 8 2BR

Managed by Meriwether Wilson & Co

Units
24
Rental assistance
24
Vacant
1
Accessible
0
Opened
1980

Van Meter Sr Cit

600 Pleasant St, Van Meter, IA 50261

Elderly · 8 1BR

Managed by Meriwether Wilson & Co

Units
8
Rental assistance
8
Vacant
0
Accessible
0
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: 1 nonprofit, 4 limited-profit. 2 also have housing tax credits. 5 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 Dallas 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).