Encino Gardens

Overview

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Encino Gardens offers senior living apartments in Albuquerque, NM. This community provides affordable housing options with rent prices ranging from $765 to $920 per month for studio to two-bedroom floor plans. The area is enhanced by well-lit streets, making it safe and inviting for residents and visitors alike.

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The complex features 19 available units that are pet-friendly, catering to the needs of different lifestyles. Residents can enjoy convenient access to nearby grocery stores and other essential services, thanks to its location amidst occasionally heavy traffic areas. Encino Gardens is also undergoing a refurbishment project worth $2.8 million to convert the apartments into more affordable housing for seniors.

Designed for comfort and practicality, Encino Gardens provides various community amenities. These include a fitness center for maintaining an active lifestyle, laundry facilities for everyday convenience, and 24/7 emergency maintenance services to ensure residents’ peace of mind.

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Amenities and Features

Fitness center
Laundry facility
24/7 emergency maintenance
Pet-friendly units
Studio to 2-bedroom floor plans
Affordable housing options

Encino Gardens Location

Address: 412 Alvarado Dr Se, Albuquerque, NM 87108

Phone: 505-266-7736

Website: https://www.monarchnm.com/properties/encino-gardens/

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About Albuquerque, New Mexico

Albuquerque, a city located in the state of New Mexico (NM), is home to a population of approximately 769,986 people. Albuquerque boasts a median age of 38, with around 22.6% of its residents aged 60 or above. 8.2% of the population identifies as US Veterans. 14.5% of Albuquerque residents are disabled. The city has an average household income of $61,503, while the unemployment rate stands at 5.5%, and around 16.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Albuquerque is $245,633, with a monthly rent averaging $1,014.

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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.