Missouri

USDA rental housing in Marion County, MO

10 properties in Marion County have USDA Section 515 or 514 financing: 341 apartments across 4 towns. 253 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

10properties
341apartments
253rental assistance units
42vacant 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 Listings come from USDA's public data and may be out of date.

Hannibal Apartments

202 Centerville RD, Hannibal, MO 63401

Family · 16 1BR, 56 2BR

Managed by North East Comm Action Corp

Units
72
Rental assistance
54
Vacant
17
Accessible
4
Opened
1987

Hannibal Estates

494 Westgate Ln, Hannibal, MO 63401

Family · 24 2BR

Managed by Mc&w Management, LLC

Units
24
Rental assistance
20
Vacant
1
Accessible
2
Opened
1995

Hannibal Village

732 Head Ln, Hannibal, MO 63401

Elderly · 24 1BR

Managed by Mc&w Management, LLC

Units
24
Rental assistance
19
Vacant
1
Accessible
2
Opened
1995

Oakwood Apartments

760 Head Ln, Hannibal, MO 63401

Elderly · 24 1BR

Managed by North East Comm Action Corp

Units
24
Rental assistance
22
Vacant
0
Accessible
1
Opened
1993

Park Terrace Associates

1440-1524 30th St, Hannibal, MO 63401

Family · 16 1BR, 31 2BR

Managed by Maco Management Co INC

Units
47
Rental assistance
43
Vacant
4
Accessible
0
Opened
1979

Belle Field Estates

12 Gateway Sq, Monroe City, MO 63456

Family · 4 1BR, 16 2BR, 2 3BR

Managed by Sustainable Management, INC

Units
22
Rental assistance
19
Vacant
2
Accessible
2
Opened
1990

Anderson Estates LP

1821 S Main St, Palmyra, MO 63461

Family · 2 1BR, 50 2BR, 10 3BR

Managed by North East Comm Action Corp

Units
62
Rental assistance
43
Vacant
12
Accessible
7
Opened
2005

Palmyra Rural Rental Housing INC

502 Sunset Dr, Palmyra, MO 63461

Elderly · 42 1BR

Managed by Palmyra Rural Rental Housing INC

Units
42
Rental assistance
16
Vacant
1
Accessible
0
Opened
1975

Sherol Court

409 Sherol Ct, Palmyra, MO 63461

Elderly · 16 1BR

Managed by Maco Management Co INC

Units
16
Rental assistance
13
Vacant
0
Accessible
1
Opened
1986

Philadelphia Senior Citizens Hsg INC

2922 Highway D, Philadelphia, MO 63463

Family · 8 1BR

Units
8
Rental assistance
4
Vacant
4
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

Ownership: 2 nonprofit, 8 limited-profit. 6 also have housing tax credits. 4 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 Marion 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).