What Is a Senior Apartment?
When it comes to determining the right level of care for you or your loved one, there is rarely an easy way to do it. The decision itself is often fraught with feelings and can be complicated by the unique circumstances every family brings to the table when considering questions of this nature. However, knowledge is power, as they say, and LivWell Seniors is happy to help with a high-level introduction to the basics that will leave you feeling prepared to take whatever step is next in the journey ahead.
A senior apartment is ideal for anyone who can still live independently but prefers to remove the added burden of home maintenance and upkeep. These apartments offer private, personal living spaces inside a complex that is dedicated to seniors.
What?
Senior apartments prioritize privacy and personalization, offering one- and two-bedroom market rate apartments. The management handles all maintenance, alleviating the burden on the residents. While some activities, like book clubs or birthday parties, are facilitated by the residents themselves, the overall focus of senior apartments is to prioritize independent living, making life more manageable in a community setting.
Who?
Anyone who wants to downsize their living space while maintaining their independence.
Consider This Scenario
Katherine, who lost her husband a few years ago, has recently realized she is lonely in her family home where she has lived for 35 years. Her only daughter lives several hours away and can’t be there to assist her when she needs help around the house. Due to some health concerns, Katherine can no longer manage outside maintenance and needs to hire help for lawn care and snow removal. She has decided to find a place where there are people her age that can relate to her lived experience. Katherine is also looking to relieve herself of the burden of home maintenance. She doesn’t need much space and can independently manage her daily activities.
A senior apartment is an ideal choice for Katherine.
Cost
The rent for a senior apartment varies based on market value and is typically determined by the apartment’s size, ranging from $500 to $1,500 per month. Affordable/Tax Credit senior apartments are around $500 or $600 per month. HUD apartments are typically one-third of your monthly income. The resident is also responsible for paying for utilities (including gas, electricity, water, and sewer), cable, internet, and phone.