A limited feedback based dynamic resource allocation algorithm is proposed for a relay cooperative network with Orthogonal Frequency Division Multiplexing (OFDM) modulation. A communication model where one source node communicates with one destination node assisted by one half-duplex Decode-and-Foward (DF) relay is considered in this paper. We first consider the \emph{selective} DF scheme, in which some relay subcarriers will keep idle if they are not advantageous to forward the received symbols. Furthermore, we consider the \emph{enhanced} DF scheme where the idle subcarriers are used to transmit new messages at the source. We aim to maximize the system instantaneous rate by jointly optimizing power allocation and subcarrier pairing on each subcarrier based on the Lloyd algorithm. Both sum and individual power constraints are considered. The joint optimization turns out to be a mixed integer programming problem. We then transform it into a convex optimization by continuous relaxation, and achieve the solution in the dual domain.