Iowa

USDA rental housing in Jones County, IA

7 properties in Jones County have USDA Section 515 or 514 financing: 150 apartments across 5 towns. 123 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

7properties
150apartments
123rental assistance units
19vacant 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 Listings come from USDA's public data and may be out of date.

Anamosa Villa I

104 Wilson Ct, Anamosa, IA 52205

Elderly · 24 1BR, 4 2BR

Units
28
Rental assistance
21
Vacant
5
Accessible
0
Opened
1979

Anamosa Villa II

211 Wilson Ct, Anamosa, IA 52205

Elderly · 16 1BR

Units
16
Rental assistance
14
Vacant
1
Accessible
1
Opened
1986

Anamosa Villa III

1701 Meadow Ridge Dr, Anamosa, IA 52205

Elderly · 48 1BR

Units
48
Rental assistance
40
Vacant
6
Accessible
4
Opened
1997

Sycamore Gardens

107 E 9th St, Monticello, IA 52310

Elderly · 24 1BR

Managed by Meyers Property Management

Units
24
Rental assistance
18
Vacant
0
Accessible
2
Opened
1990

Wapsie Manor

502 Parkway St, Olin, IA 52320

Family · 11 1BR, 1 2BR

Managed by Financial Service Group, INC

Units
12
Rental assistance
10
Vacant
4
Accessible
1
Opened
1977

Oxford Junction Hsg

513 2nd Ave N, Oxford Junction, IA 52323

Elderly · 8 1BR, 2 2BR

Managed by Right Way Management Services Ll

Units
10
Rental assistance
8
Vacant
2
Accessible
0
Opened
1976

North View Apts

202 Eisenhower Dr, Wyoming, IA 52362

Elderly · 12 1BR

Managed by Meyers Property Management

Units
12
Rental assistance
12
Vacant
1
Accessible
0
Opened
1981

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 7 are nonprofit-owned. None has housing tax credits. 6 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 Jones 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.

Alert emails haven't started on this site yet. Your sign-up is saved, and when sending starts the first email asks you to confirm.

Every property in one file: 515/514 portfolio download (CSV and JSON).