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Senior Apartments and 55+ Apartments for Retirees in Evansville, Indiana

Listing of Senior Apartments in Evansville, Indiana - please help by providing your feedback! If you know of any others that aren't listed, please suggest a listing.

Horizon Homes

1450 Luther Sq
Evansville, Indiana 47714-0840
Horizon Homes Details

Parkside Terrace Senior World

2305 S Rotherwood Ave
Evansville, Indiana 47714-4200
Parkside Terrace Senior World Details

Carriage House Evansville I

5300 Carriage Dr
Evansville, Indiana 47715-2504
Carriage House Evansville I Details

Grandview Tower

1000 Fulton Pkwy Apt 101
Evansville, Indiana 47710-3183
Grandview Tower Details
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Independence Square Apartments

201 W Delaware St
Evansville, Indiana 47710-1792
Independence Square Apartments Details

Liberty Terrace Apartments

725 Liberty Way Apt 7108
Evansville, Indiana 47713-1754
Liberty Terrace Apartments Details

About Evansville, Indiana

Evansville, a city located in the state of Indiana (IN), is home to a population of approximately 203,661 people. Evansville boasts a median age of 38.1, with around 23.5% of its residents aged 60 or above. 7.5% of the population identifies as US Veterans. 17.7% of Evansville residents are disabled. The city has an average household income of $49,853, while the unemployment rate stands at 5.7%, and around 18.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Evansville is $120,716, with a monthly rent averaging $917.

About Senior Apartments

It's not just about convenience and affordability; it's about creating a vibrant and fulfilling lifestyle! Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.

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