East Terrace Apartments

Overview

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East Terrace Apartments offer affordable one-bedroom apartments designed for seniors aged 62 and older. Monthly rent is income-based, making it a feasible option for many. These apartments are conveniently located in downtown Waukesha, providing easy access to local amenities and services, making them an ideal choice for those seeking comfort and convenience.

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Residents of East Terrace Apartments enjoy a secure, welcoming environment with plenty of communal spaces to socialize and relax. The apartments themselves are well-maintained and designed to cater to the needs of senior residents, ensuring a comfortable living experience. The community atmosphere is enhanced by the various amenities available, fostering a sense of belonging among the tenants.

In addition to residential benefits, East Terrace Apartments includes several on-site facilities that contribute to a vibrant community life. This makes it more than just a place to live, but a place to enjoy life fully, with opportunities for recreation and socialization right at your doorstep.

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Amenities and Features

4,800 square foot clubhouse
Swimming pool
Fitness club
Movie theater
Catering kitchen
Secure entry building
Rent based on 30% of income

East Terrace Apartments Location

Address: 801 N East Ave, Waukesha, WI 53186

Phone: 262-544-9757

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About Waukesha, Wisconsin

Waukesha, a city located in the state of Wisconsin (WI), is home to a population of approximately 70,945 people. Waukesha boasts a median age of 36.1, with around 20.2% of its residents aged 60 or above. 4.9% of the population identifies as US Veterans. 11.2% of Waukesha residents are disabled. The city has an average household income of $77,558, while the unemployment rate stands at 2.9%, and around 10.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Waukesha is $267,294, with a monthly rent averaging $1,115.

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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.