Andover Commons

Overview

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The old Converse Building located in downtown Andover is the setting for Andover Commons, an apartment community that presents a comfortable and cozy lifestyle for elderly/disabled individuals and low-income families. Andover Commons consists of 167 apartment homes featuring spacious floor plans designed out of one of New England’s oldest and most historic factories from the Industrial Revolution. Located right in the heart of downtown Andover, one of the Boston areas most prestigious towns, Andover Commons is within minutes of local restaurants, shops, and attractions. Take care of all of your shopping needs at Whole Foods Market which is next door to the community. Enjoy a beautiful day outdoors in our garden area, a perfect opportunity for residents to plant their own flowers and shrubbery. Andover Commons features beautiful lush landscaping and bright displays of colorful flower arrangements across all the grounds of the community.

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Andover Commons Location

Address: 30 Railroad St, Andover, MA 01810

Website: https://www.corcoranapts.com/communities/massachusetts/andover/andover-commons/

About Andover, Massachusetts

Andover, a city located in the state of Massachusetts (MA), is home to a population of approximately 36,389 people. Andover boasts a median age of 43, with around 23.9% of its residents aged 60 or above. 3.6% of the population identifies as US Veterans. 7.3% of Andover residents are disabled. The city has an average household income of $162,694, while the unemployment rate stands at 4.5%, and around 3.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Andover is $756,456, with a monthly rent averaging $2,037.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a 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.