Fieldcrest Village

Overview

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Fieldcrest Village is an affordable housing development located in Cambridge, Illinois. This community offers affordable housing options to individuals and families with low income, ensuring that everyone has a chance to live in a comfortable environment while maintaining financial stability. The complex aims to create a supportive and inclusive community for its residents.

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With a focus on quality living, Fieldcrest Village provides various amenities that cater to the needs of its residents. The well-maintained grounds and buildings feature modern facilities that promote a convenient and enjoyable lifestyle. The community is also strategically situated to be close to local businesses and essential services in Cambridge, making it an ideal location for those seeking both affordability and accessibility.

Residents and visitors can enjoy a range of features designed to enhance their living experience. Whether you are seeking a peaceful environment or a vibrant community feel, Fieldcrest Village offers the perfect balance.

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Amenities and Features

Spacious apartments
Community room
On-site parking
Laundry facilities
Playground area

Sources

Public Housing
Low Income Housing
[HUD Housing Network](https://www.hudhousingnetwork.com/il/henry/cambridge/section-8-apart

Fieldcrest Village Location

Address: 603 N Prospect St, Cambridge, IL 61238

About Cambridge, Illinois

Cambridge, a city located in the state of Illinois (IL), is home to a population of approximately 2,251 people. Cambridge boasts a median age of 37.1, with around 20.1% of its residents aged 60 or above. 5.3% of the population identifies as US Veterans. 8.8% of Cambridge residents are disabled. The city has an average household income of $74,145, while the unemployment rate stands at 4.9%, and around 5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Cambridge is $118,522, with a monthly rent averaging $931.

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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.