Graceland Gardens

Overview

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Wesley Graceland Gardens offers beautiful garden-style one to two-bedroom apartments in a secure, gated South Memphis setting. Designed to provide a peaceful and independent living experience, the community caters to individuals aged 62 and older who are seeking affordable housing options. The property boasts 191 apartments, each thoughtfully designed to ensure comfort and convenience.

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Residents can enjoy the amenities and features available, ensuring a high quality of life. The apartments range from 750 to 900 sq ft, offering ample space for residents to make their homes comfortable. With rental assistance available for qualified applicants, Wesley Graceland Gardens provides an accessible and supportive community environment.

The community is well-maintained, with a focus on creating a safe and welcoming atmosphere for all residents. Whether you are looking for a quiet place to relax or a vibrant community to engage with, Wesley Graceland Gardens provides a perfect blend of both.

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Amenities and Features

One to two-bedroom apartments
Gated secure community
Apartments ranging from 750-900 sq ft
Rental assistance for qualified applicants
Beautiful garden-style setting
On-site management and maintenance
Pet-friendly policies
Community events and activities

Sources

Graceland Gardens Location

Address: 4148 Eastwind Dr, Memphis, TN 38116

Website: https://wesleyliving.com/property/wesley-graceland-gardens-memphis-tn/

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About Memphis, Tennessee

Memphis, a city located in the state of Tennessee (TN), is home to a population of approximately 1,038,000 people. Memphis boasts a median age of 34.5, with around 20.3% of its residents aged 60 or above. 5.8% of the population identifies as US Veterans. 13.7% of Memphis residents are disabled. The city has an average household income of $48,090, while the unemployment rate stands at 8.6%, and around 23.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Memphis is $137,503, with a monthly rent averaging $1,050.

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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.