Madonna Homes

Overview

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Madonna Homes is a Low-Income Housing Tax Credit apartment community located in Toledo, Ohio. This community offers affordable housing options for adults aged 55 and older, as well as for individuals with disabilities. Residents can enjoy a convenient location near Downtown Toledo, providing easy access to various amenities and services within the city.

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The apartments at Madonna Homes range in size from 352 to 719 square feet, with units designed to cater to the needs of low-income individuals and families. The complex is fully air-conditioned and each unit is equipped with essential appliances and basic cable. Additionally, the community ensures a comfortable living environment with its clean, well-maintained facilities.

Residents of Madonna Homes benefit from a supportive living environment that fosters community engagement and interaction. The community’s proximity to public transportation makes it easy for residents to travel around Toledo, while various on-site amenities enhance their quality of life.

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Amenities and Features

Affordable housing options for adults 55+ and disabled individuals
Fully air-conditioned units
Essential appliances included
Basic cable provided
Convenient access to public transportation
Proximity to Downtown Toledo

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Madonna Homes Location

Address: 722 N Huron St Ofc, Toledo, OH 43604

Phone: 419-244-3758

Nearby Senior Apartments Facilities in Toledo

More Senior Apartments Listings in Toledo, OH

About Toledo, Ohio

Toledo, a city located in the state of Ohio (OH), is home to a population of approximately 493,302 people. Toledo boasts a median age of 35.4, with around 21.1% of its residents aged 60 or above. 6.2% of the population identifies as US Veterans. 17.6% of Toledo residents are disabled. The city has an average household income of $45,405, while the unemployment rate stands at 8.2%, and around 24.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Toledo is $98,068, with a monthly rent averaging $854.

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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.