Covenant Place

Overview

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Covenant Place in Smithfield, Virginia, offers a welcoming community for individuals seeking comfortable and convenient living spaces. This residential complex caters to a diverse range of needs, providing both individuals and families with a supportive and friendly environment. The leasing team is dedicated to ensuring that all residents experience the highest level of satisfaction during their stay, showcasing the community’s commitment to excellence and resident well-being.

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Residents of Covenant Place enjoy access to a variety of amenities designed to enhance their living experience. From the spacious and well-maintained apartments to the communal areas where neighbors can gather and connect, this community is built around the idea of fostering relationships and creating a sense of home. Whether you’re looking for a quiet place to relax or a vibrant community to engage with, Covenant Place offers the best of both worlds.

In addition to its prime location in Smithfield, Covenant Place is recognized for its affordable housing options, including Section 202 rental housing assistance, making it an ideal choice for those seeking quality living without compromising on affordability. With its blend of comfort, convenience, and community, Covenant Place stands out as a premier choice for anyone looking to make Smithfield their home.

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Amenities and Features

Spacious and well-maintained apartments
Community gathering areas
Section 202 rental housing assistance
Dedicated leasing team
Prime location in Smithfield

Sources

Covenant Place Location

Address: 601 Cedar St, Smithfield, VA 23430

Phone: 757-357-4469

Website: https://www.cmc-nc.com/complex/propertyInfo.php?p=140

About Smithfield, Virginia

Smithfield, a city located in the state of Virginia (VA), is home to a population of approximately 8,625 people. Smithfield boasts a median age of 45.6, with around 27.1% of its residents aged 60 or above. 18.3% of the population identifies as US Veterans. 16.5% of Smithfield residents are disabled. The city has an average household income of $101,081, while the unemployment rate stands at 4.7%, and around 12.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Smithfield is $340,921, with a monthly rent averaging $1,099.

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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.