Iowa

USDA rental housing in Van Buren County, IA

8 properties in Van Buren County have USDA Section 515 or 514 financing: 134 apartments across 6 towns. 116 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

8properties
134apartments
116rental assistance units
7vacant 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 Listings come from USDA's public data and may be out of date.

Cedar Creek Housing

155 W Cedar St, Birmingham, IA 52535

Family · 4 2BR

Managed by Liberty Realty

Units
4
Rental assistance
4
Vacant
0
Accessible
0
Opened
1993

Friendly Folks Apts

420 N Liberty St, Birmingham, IA 52535

Elderly · 12 1BR

Managed by Liberty Realty

Units
12
Rental assistance
12
Vacant
0
Accessible
1
Opened
1990

Hawkeye Manor

406 4th St, Bonaparte, IA 52620

Family · 18 1BR, 6 2BR

Managed by Liberty Realty

Units
24
Rental assistance
23
Vacant
0
Accessible
1
Opened
1975

Cantril Improvement

105 W 2nd St, Cantril, IA 52542

Elderly · 4 1BR, 4 2BR

Managed by Financial Service Group, INC

Units
8
Rental assistance
6
Vacant
0
Accessible
0
Opened
1973

Twin City Manor INC

13961 Ia-98, Douds, IA 52551

Family · 8 1BR, 2 2BR

Managed by Financial Service Group, INC

Units
10
Rental assistance
8
Vacant
2
Accessible
0
Opened
1974

Valley View Villa 1

201 S 3rd St, Farmington, IA 52626

Elderly · 4 1BR, 4 2BR

Managed by Right Way Management Services Ll

Units
8
Rental assistance
7
Vacant
1
Accessible
0
Opened
1974

Valley View Villa 2

804 S 5th St, Farmington, IA 52626

Elderly · 20 1BR

Managed by Right Way Management Services Ll

Units
20
Rental assistance
16
Vacant
1
Accessible
0
Opened
1981

Country Lane Apts

916 Country Lane Dr, Keosauqua, IA 52565

Elderly · 40 1BR, 8 2BR

Managed by Financial Service Group, INC

Units
48
Rental assistance
40
Vacant
3
Accessible
0
Opened
1978

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 8 are nonprofit-owned. None has housing tax credits. 5 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 Van Buren 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).