Settlers Grove Inc

310 W Main St, Drakesville, IA 52552 · USDA Section 515 (rural) Sec. 515

How this works: this is a subsidized apartment community for adults 62+ with low income — rent is generally capped near 30% of what you earn, with the federal program covering the rest. It is independent housing (not a care facility). Most have a waiting list, so apply early and to several. Who qualifies: generally 62+ with income at or below about 50% of your area’s median income, and many units target very-low-income (30%). The limit varies by county and household size — look up your county’s limit ↗, or ask the property. How to qualify & apply →

USDA’s record for this property

1 vacant apartment reported as of 2026-06-17. This is a snapshot from USDA’s periodic report, not a live availability feed — it may already be taken, and there may still be a waiting list. It is worth a phone call: most properties in this program report none.

Apartment sizes: 4 × 1-bedroom
Apartments with rental assistance: 4 (the subsidy that caps rent near 30% of income)
Operating since: 1982-08-17
Managed by: Right Way Management Services Ll

Location & what’s nearby

Open in Google Maps ↗ · Directions ↗

Hospital

DAVIS COUNTY HOSPITAL4.6 mi

Emergency dept. usually open 24/7 · ER 24/7

Urgent care / clinic

Sessions Vet Clinic5.3 mi

903 S West St

Pharmacy

Hy-Vee Clinic4.8 mi

301 W Jefferson St · (641) 664-2975 · Call to confirm hours

Grocery

Highway 2 Discount Groceries4.3 mi

19686 Highway 2 · (641) 664-1187 · Call to confirm hours

Park

Lake Fisher Park3.7 mi

19658 W Lakefisher Rd · (641) 664-2260 · Typically dawn to dusk

Place of worship

Drakesville United Methodist Church0.3 mi

210 N Madison St · (641) 722-3210

Nearest of each type, straight-line distance. Hospitals come from the CMS Hospital General Information registry; everything else from Overture Maps (public data). Hospital and park hours are typical — call ahead to confirm.

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Waiting lists are long and vary property by property, so applying to several at once is the normal advice. See every property we hold in Iowa.

Apply & get help

Contact this property directly (phone above) for current availability and to join the waiting list. For help, reach your local HUD office or Area Agency on Aging. If you also need care, see how to pay for care and Medicaid.

Source: USDA Rural Development Section 515, public domain. Contact the property and HUD/USDA to confirm current status.