Mad River Manor

Overview

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Mad River Manor is a welcoming community designed for seniors aged 62 and older. This affordable housing option offers comfortable one-bedroom apartments specifically tailored to meet the needs of its residents. The community is situated in Dayton, Ohio, and provides a serene environment that promotes both relaxation and social interaction.

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The property is committed to affordability, offering Section 8 units with income limit restrictions to ensure it remains accessible to those who need it most. Residents can enjoy a variety of on-site amenities and services that enhance their living experience. The management team at Mad River Manor is dedicated to providing excellent service and maintaining a safe, clean, and friendly atmosphere for all tenants.

In addition to the comfortable living spaces, Mad River Manor offers a range of convenient features and facilities designed to make daily life more enjoyable. The community fosters a sense of belonging, where neighbors become friends and everyone feels right at home.

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Amenities and Features

Pet-friendly environment
Shared laundry facilities
One-bedroom apartments
Affordable Section 8 units
Income limit restrictions apply
Professional management team
Safe and friendly atmosphere

Sources

Mad River Manor Location

Address: 5580 Burkhardt Rd, Dayton, OH 45431

Phone: 937-254-1715

Website: https://pkmanagement.com/blog/property/mad-river-manor/

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About Dayton, Ohio

Dayton, a city located in the state of Ohio (OH), is home to a population of approximately 668,825 people. Dayton boasts a median age of 34, with around 19.8% of its residents aged 60 or above. 7.2% of the population identifies as US Veterans. 18.3% of Dayton residents are disabled. The city has an average household income of $41,443, while the unemployment rate stands at 10%, and around 27.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Dayton is $85,548, with a monthly rent averaging $830.

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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.