Deer Crest Manor
120 10th Ave NE, Deer River, MN 56636
Family · 12 1BR
Managed by Cepco INC
- Units
- 12
- Rental assistance
- 9
- Vacant
- 0
- Accessible
- 0
- Opened
- 1982
Minnesota
9 properties in Itasca County have USDA Section 515 or 514 financing: 244 apartments across 2 towns. 162 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
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 Listings come from USDA's public data and may be out of date.
120 10th Ave NE, Deer River, MN 56636
Family · 12 1BR
Managed by Cepco INC
1009 Comstock Drive, Deer River, MN 56636
Elderly · 30 1BR, 2 2BR
Managed by Integrity Property Management
709 1st St NE, Deer River, MN 56636
Family · 14 2BR, 6 3BR
Managed by Cepco INC
215 SW 13th Street, Grand Rapids, MN 55744
Elderly · 39 1BR, 1 2BR
Managed by D.w. Jones Management, INC
227 SW 13th Street, Grand Rapids, MN 55744
Congregate (elderly) · 54 1BR, 2 2BR
Managed by D.w. Jones Management, INC
401 SE 7th St, Grand Rapids, MN 55744
Family · 16 2BR, 8 3BR
Managed by Cepco INC
403 SE 7th St, Grand Rapids, MN 55744
Family · 1 1BR, 15 2BR
Managed by Cepco INC
407 SE 7th St, Grand Rapids, MN 55744
Family · 11 1BR, 9 2BR
Managed by Cepco INC
1460 SE 2nd Ave, Grand Rapids, MN 55744
Family · 10 1BR, 2 2BR, 12 3BR
Managed by D.w. Jones Management, INC
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.
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.
All 9 are limited-profit. 5 also have housing tax credits. 3 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.
Every property in one file: 515/514 portfolio download (CSV and JSON).