Walnut Cove Apt
505 Washington St, Cleveland, MN 56017
Family · 8 1BR
Managed by Smr Management, INC
- Units
- 8
- Rental assistance
- 8
- Vacant
- 1
- Accessible
- 1
- Opened
- 1978
Minnesota
USDA rental housing in Le Sueur County, MN
7 properties in Le Sueur County have USDA Section 515 or 514 financing: 135 apartments across 6 towns. 81 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
7properties
135apartments
81rental 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 Listings come from USDA's public data and may be out of date.
Ridgely Park Apts
541 Ridgely St S, Kasota, MN 56050
Family · 8 1BR, 10 2BR, 6 3BR
Managed by Lloyd Management
- Units
- 24
- Rental assistance
- 0
- Vacant
- 2
- Accessible
- 2
- Opened
- 1979
Maple View Apt
155 S Maple Ave, Le Center, MN 56057
Family · 4 1BR, 14 2BR, 6 3BR
Managed by Chelsea Dev Co
- Units
- 24
- Rental assistance
- 16
- Vacant
- 2
- Accessible
- 1
- Opened
- 1990
Northview Apt (le Center)
532 N Cordova Ave, Le Center, MN 56057
Family · 3 1BR, 21 2BR
Managed by Smr Management, INC
- Units
- 24
- Rental assistance
- 15
- Vacant
- 2
- Accessible
- 2
- Opened
- 1979
Highland View Apt
1200 Kingsway Dr, Le Sueur, MN 56058
Family · 22 2BR, 2 3BR
Managed by Chelsea Dev Co
- Units
- 24
- Rental assistance
- 17
- Vacant
- 4
- Accessible
- 1
- Opened
- 1990
Meadow Ridge
700 Ash Ave SE, Montgomery, MN 56069
Family · 24 1BR
Managed by Life Style, INC
- Units
- 24
- Rental assistance
- 19
- Vacant
- 1
- Accessible
- 3
- Opened
- 1981
Parkside North
301 Hoosac St E, Waterville, MN 56096
Elderly · 7 1BR
Managed by Life Style, INC
- Units
- 7
- Rental assistance
- 6
- Vacant
- 0
- Accessible
- 1
- Opened
- 1984
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 limited-profit. 3 also have housing tax credits. 1 serves elderly tenants. USDA's file shows use restrictions on 3 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.
Every property in one file: 515/514 portfolio download (CSV and JSON).