Central Square Terrace

Overview

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Central Square Terrace offers a vibrant living community for individuals who are 62 years of age and older, as well as for persons with disabilities. This welcoming apartment complex is designed to cater to the needs of its residents, providing them with a comfortable and convenient place to call home. With a focus on fostering a supportive and engaged community, Central Square Terrace ensures that every resident feels valued and connected.

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Residents of Central Square Terrace enjoy access to a range of amenities designed to enhance their living experience. The community features ninety studio and one-bedroom apartments, each thoughtfully designed to offer both comfort and functionality. The complex is centrally located, making it easy for residents to access local shopping, dining, and entertainment options. Additionally, the recent $6.9 million rehabilitation project has further enhanced the living spaces, ensuring that each apartment meets the highest standards of quality and comfort.

Central Square Terrace is more than just an apartment complex; it’s a community where residents can enjoy a fulfilling lifestyle. With a commitment to providing affordable, centrally located housing, this complex represents an excellent option for those seeking a supportive living environment in Keene, New Hampshire.

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Amenities and Features

90 studio and one-bedroom units
Subsidized housing options
Centrally located for easy access to local amenities
Recent $6.9 million rehabilitation project
Designed for individuals 62 years of age and older, and persons with disabilities
Community-focused living environment

Sources

Central Square Terrace Location

Address: 5 Central Sq, Keene, NH 03431

Phone: 603-352-6161

Website: https://keenehousing.org/central-square-terrace/

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About Keene, New Hampshire

Keene, a city located in the state of New Hampshire (NH), is home to a population of approximately 22,907 people. Keene boasts a median age of 36.1, with around 23.4% of its residents aged 60 or above. 8.4% of the population identifies as US Veterans. 15.1% of Keene residents are disabled. The city has an average household income of $69,381, while the unemployment rate stands at 2.6%, and around 11.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Keene is $219,744, with a monthly rent averaging $1,153.

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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.