Edgewood Terrace Apartments

Overview

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Edgewood Terrace Apartments offers affordable living with a range of rental options, including one and two-bedroom units. This community is designed to meet the needs of residents looking for both comfort and convenience. The apartments are equipped with kitchen appliances, air conditioning, and provide spacious living areas that create a welcoming home environment.

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Located in the picturesque town of French Lick, Indiana, Edgewood Terrace Apartments provides easy access to local amenities and attractions. Residents enjoy a tranquil setting while being close to essential services and recreational opportunities. The community also benefits from Section 515 rental housing assistance, ensuring that it remains an accessible option for low-income families.

In addition to its prime location and affordable pricing, Edgewood Terrace Apartments boasts a variety of features aimed at enhancing the quality of life for its residents. The management team is committed to maintaining the property and providing excellent customer service, ensuring that everyone feels at home here.

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Amenities and Features

Kitchen appliances
Air conditioning
Spacious living areas
Section 515 rental housing assistance
Management and maintenance services

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Edgewood Terrace Apartments Location

Address: 1011 S Edgewood Dr, French Lick, IN 47432

Phone: 812-936-7166

Website: http://edgewoodterraceapts.com/

About French Lick, Indiana

French Lick, a city located in the state of Indiana (IN), is home to a population of approximately 1,752 people. French Lick boasts a median age of 41.1, with around 28.5% of its residents aged 60 or above. 6.9% of the population identifies as US Veterans. 18.1% of French Lick residents are disabled. The city has an average household income of $55,074, while the unemployment rate stands at 1%, and around 10.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in French Lick is $80,824, with a monthly rent averaging $790.

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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.