Iowa

USDA rental housing in Mahaska County, IA

8 properties in Mahaska County have USDA Section 515 or 514 financing: 248 apartments across 3 towns. 212 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

8properties
248apartments
212rental assistance units
40vacant 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 Listings come from USDA's public data and may be out of date.

Pleasant Home INC

325 Pine St, Barnes City, IA 50027

Family · 8 1BR, 3 2BR

Managed by Financial Service Group, INC

Units
11
Rental assistance
8
Vacant
1
Accessible
0
Opened
1975

Prairie Homes

108 S Cady St, New Sharon, IA 50207

Elderly · 29 1BR, 18 2BR

Managed by Financial Service Group, INC

Units
47
Rental assistance
20
Vacant
8
Accessible
2
Opened
1971

Greenway Oskaloosa

1212 C Ave E, Oskaloosa, IA 52577

Family · 36 2BR, 8 3BR

Managed by Newbury Management Company

Units
44
Rental assistance
44
Vacant
1
Accessible
3
Opened
1975

Highland Park I

109 18th Ave E, Oskaloosa, IA 52577

Elderly · 24 1BR

Managed by Keyway Management Company

Units
24
Rental assistance
23
Vacant
8
Accessible
4
Opened
1999

Highland Park II

109 18th Ave E, Oskaloosa, IA 52577

Elderly · 24 1BR

Managed by Keyway Management Company

Units
24
Rental assistance
22
Vacant
3
Accessible
4
Opened
2000

Meadowbrooks

508 S M St, Oskaloosa, IA 52577

Family · 8 1BR, 8 2BR

Managed by National Management Corp.

Units
16
Rental assistance
15
Vacant
3
Accessible
2
Opened
1994

Oskaloosa Park

1210 S F St, Oskaloosa, IA 52577

Elderly · 22 1BR

Managed by Keyway Management Company

Units
22
Rental assistance
22
Vacant
3
Accessible
2
Opened
1989

Shady Lodge

1102 S 11th St, Oskaloosa, IA 52577

Elderly · 44 1BR, 16 2BR

Managed by Keyway Management Company

Units
60
Rental assistance
58
Vacant
13
Accessible
7
Opened
1979

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: 3 nonprofit, 5 limited-profit. 4 also have housing tax credits. 5 serve elderly tenants. USDA's file shows use restrictions on 2 properties 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 Mahaska 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).