Iowa

USDA rental housing in Linn County, IA

10 properties in Linn County have USDA Section 515 or 514 financing: 192 apartments across 8 towns. 173 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

10properties
192apartments
173rental assistance units
12vacant 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 Listings come from USDA's public data and may be out of date.

Eastview Apts

620 Sunrise Ct, Center Point, IA 52213

Elderly · 24 1BR

Managed by Meyers Property Management

Units
24
Rental assistance
21
Vacant
3
Accessible
2
Opened
1990

Golden Age Housing

703 Main St, Center Point, IA 52213

Elderly · 5 1BR

Managed by Kartay Apt Mgmt

Units
5
Rental assistance
4
Vacant
0
Accessible
0
Opened
1972

Sunrise Apartments

611 Sunrise Ct, Center Point, IA 52213

Elderly · 19 1BR, 5 2BR

Managed by Meyers Property Management

Units
24
Rental assistance
22
Vacant
1
Accessible
0
Opened
1977

North Maine Apts

259 Marion RD S, Central City, IA 52214

Elderly · 24 1BR

Managed by Kartay Apt Mgmt

Units
24
Rental assistance
23
Vacant
1
Accessible
2
Opened
1981

Ely Manor

1485 Fuhrmeister St, Ely, IA 52227

Elderly · 16 1BR

Managed by Right Way Management Services Ll

Units
16
Rental assistance
15
Vacant
0
Accessible
2
Opened
1987

Meyers Meadow

203 N Walnut St, Lisbon, IA 52253

Elderly · 44 1BR, 4 2BR

Managed by Right Way Management Services Ll

Units
48
Rental assistance
40
Vacant
2
Accessible
4
Opened
1978

Chapel View Manor

104 7th St SE, Mt. Vernon, IA 52314

Elderly · 21 1BR

Managed by Right Way Management Services Ll

Units
21
Rental assistance
19
Vacant
2
Accessible
0
Opened
1977

Palo Senior Hsg

300 Clinton St, Palo, IA 52324

Elderly · 8 1BR

Managed by Kartay Apt Mgmt

Units
8
Rental assistance
7
Vacant
1
Accessible
0
Opened
1982

Springhouse Apts

200 John St, Springville, IA 52336

Elderly · 16 1BR

Managed by Right Way Management Services Ll

Units
16
Rental assistance
16
Vacant
1
Accessible
0
Opened
1939

Friends INC

106 Ely St, Walker, IA 52352

Elderly · 4 1BR, 2 2BR

Managed by Kartay Apt Mgmt

Units
6
Rental assistance
6
Vacant
1
Accessible
0
Opened
1970

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: 8 nonprofit, 2 limited-profit. 1 also has housing tax credits. 10 serve elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. 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 Linn 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).