Ironton Terrace Apartments

Overview

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Experience Ironton living at Ironton Terrace Apartments, a low-income apartment complex that caters to low-income residents, including the elderly. Located in the serene area of Ironton, MN, this community is dedicated to providing affordable and comfortable housing options. The professional leasing team is prepared to help you find your perfect home in this welcoming environment.

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Ironton Terrace Apartments offers a range of units designed for independent living, making it an ideal choice for senior residents. This community is committed to creating a supportive and convenient living space, ensuring that all residents have access to essential amenities and services. Additionally, the location provides easy access to local attractions and necessities, adding to the convenience of daily living.

Residents and visitors can enjoy a variety of features and amenities that enhance the living experience at Ironton Terrace Apartments. From modern facilities to thoughtful community spaces, every aspect of Ironton Terrace is designed with the residents’ needs in mind.

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Amenities and Features

Section 8 PBRA and Section 515 rental housing assistance
Independent living units
On-site management and maintenance
Community spaces for socializing and activities
Proximity to local attractions and services
Affordable rent options

Ironton Terrace Apartments Location

Address: 500 8th Ave, Ironton, MN 56455

Phone: 218-546-6886

Website: https://www.apartments.com/ironton-terrace-apartments-ironton-mn/m6cvlfk/

About Ironton, Minnesota

Ironton, a city located in the state of Minnesota (MN), is home to a population of approximately 559 people. Ironton boasts a median age of 35.8, with around 23.2% of its residents aged 60 or above. 7.4% of the population identifies as US Veterans. 15.7% of Ironton residents are disabled. The city has an average household income of $48,125, while the unemployment rate stands at 8%, and around 13.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Ironton is $126,249, with a monthly rent averaging $900.

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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.