advertisement...

Senior Apartments and 55+ Apartments for Retirees in Towson, Maryland

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

Tabco Towers

1220c E Joppa Rd Ste 514
Towson, Maryland 21286-5820
Tabco Towers Details

Trinity House

409 Virginia Ave Ste 100
Towson, Maryland 21286-5386
Trinity House Details

Virginia Towers

500 Virginia Ave
Towson, Maryland 21286-5301
Virginia Towers Details

About Towson, Maryland

Towson, a city located in the state of Maryland (MD), is home to a population of approximately 57,617 people. Towson boasts a median age of 33.9, with around 23.3% of its residents aged 60 or above. 5% of the population identifies as US Veterans. 9.1% of Towson residents are disabled. The city has an average household income of $98,425, while the unemployment rate stands at 4.6%, and around 11.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Towson is $412,303, with a monthly rent averaging $1,695.

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.

Popular Articles About Towson and Maryland

Popular Articles About Senior Apartments

Free Senior Resources

Ultimate Guide to Retirement Communities

The Ultimate Guide to Retirement Communities

Get The Guide
5 Health conditions e-book cover

5 Health Conditions That Affect Baby Boomers and 5 Ways to Avoid Them

Get The Guide
ultimate estate planning checklist and guide

Ultimate Estate Planning Checklist & Guide

Get The Guide

Guide to Adult Day Care

Get The Guide
Show this content while the ad loads.