Cambridge Square Richmond

Overview

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Cambridge Square Richmond is an affordable apartment community in Richmond, Indiana. Offering one-bedroom apartment homes, it provides comfortable living spaces for residents seeking quality accommodations at a reasonable cost. The community is well-regarded for its friendly atmosphere and pet-friendly policies, making it an ideal choice for individuals and families alike.

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The apartments at Cambridge Square Richmond feature modern designs and practical layouts, ensuring a pleasant living experience. Residents appreciate the convenience of having essential amenities close at hand, along with the added benefit of being part of a welcoming community. Whether you’re a young professional, a small family, or someone looking to downsize, these apartments cater to a variety of lifestyles and needs.

In addition to the well-designed living spaces, Cambridge Square Richmond offers a range of community amenities that enhance the overall living experience. From recreational facilities to practical services, residents have access to everything they need within the community. The combination of affordable rent and excellent amenities makes Cambridge Square Richmond a noteworthy option for anyone searching for a new place to call home.

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Amenities and Features

Pet-friendly community
Modern apartment designs
One-bedroom layouts
Community amenities
Recreational facilities
Convenient location

Sources

Cambridge Square Richmond Location

Address: 3800 S A St, Richmond, IN 47374

Phone: 765-962-4526

Website: https://www.cambridgesquarerichmond.com/

Nearby Senior Apartments Facilities in Richmond

More Senior Apartments Listings in Richmond, IN

About Richmond, Indiana

Richmond, a city located in the state of Indiana (IN), is home to a population of approximately 35,642 people. Richmond boasts a median age of 38.8, with around 25.6% of its residents aged 60 or above. 8.3% of the population identifies as US Veterans. 20.7% of Richmond residents are disabled. The city has an average household income of $46,356, while the unemployment rate stands at 6%, and around 21.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Richmond is $96,616, with a monthly rent averaging $797.

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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.