First Capitol Apartments

Overview

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First Capitol Apartments offers affordable housing options in Belmont, Wisconsin. This community is particularly suited for seniors and low-income individuals who meet the income requirements. The property is designed to provide a comfortable living environment with various amenities to support independent living and ensure residents have everything they need within reach.

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Residents can benefit from the subsidized housing assistance available through Section 8 PBRA, making it an accessible option for those who require financial support. The apartments are well-maintained, providing a safe and welcoming atmosphere where inhabitants can enjoy their golden years without the stress of high living costs. First Capitol Apartments also emphasize a sense of community, fostering connections among residents through shared spaces and activities.

The location in Belmont means that residents are situated in a tranquil setting with easy access to local conveniences and services. With a focus on independent living, First Capitol Apartments ensures that residents maintain their autonomy while having access to supportive resources when needed. The surrounding area of Belmont provides a picturesque backdrop, enhancing the overall living experience.

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Amenities and Features

Independent living apartments
Affordable rental rates
Section 8 PBRA rental housing assistance
Community spaces for social activities
On-site management and maintenance
Proximity to local services and conveniences

First Capitol Apartments Location

Address: 351 S Mound Ave, Belmont, WI 53510

Phone: 608-776-4880

Website: https://firstcapitol.wisconsinhistory.org//

About Belmont, Wisconsin

Belmont, a city located in the state of Wisconsin (WI), is home to a population of approximately 983 people. Belmont boasts a median age of 37.5, with around 20.4% of its residents aged 60 or above. 7.3% of the population identifies as US Veterans. 7.1% of Belmont residents are disabled. The city has an average household income of $80,536, while the unemployment rate stands at 3.2%, and around 9.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Belmont is $176,376, with a monthly rent averaging $724.

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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.