How much does a retirement community cost?
How much does it cost to move to a retirement community like The Independence is a question we hear often. Pricing at The Independence is simple. Residents pay a set monthly rent based on the size and location of their maintenance-free apartment. There is one time nominal cost to include an application fee. For residents with pets there is non-refundable pet fee.
The Independence does not charge a “buy-in” deposit or down payment, and there are no monthly or hidden “fees.”
Is the monthly rent fixed or subject to change?
Your monthly rent is fixed for the term of your lease. Current rental rates begin around $1,340 per month. Rental rates are reviewed annually by management and may be adjusted based on actual operating costs as leases come up for renewal. Costs are carefully managed, and rents reflect the lowest feasible rate to maintain sound financial practices and the high quality of our services.
We provide a 30-day written notice in advance of any adjustments to the monthly rent.
What is included in the monthly rent?
In addition to full maintenance of exterior community areas, gardens and bark park, your rent includes the following services:
- 24-hour secured, controlled access premises
- Water and sewer service
- Indoor trash disposal
- Urgent response system, smoke detectors, and sprinkler system
- Elevator service
- Free parking and covered entryway
- Internet access in the Office Center
- Landscaping and grounds keeping
- Free use of the fenced bark park for pets
Weekly housekeeping services are available for an additional charge.
Comparing Retirement Community Costs
If you considering moving to a 55+ community like The Independence, factor in all the costs of homeownership you can leave behind. Costs like community association dues, home and lawn maintenance, trash service, water bills and gym membership are no longer needed, making the move to a retirement community even more attractive.