Malabu Manor Apartments

Overview

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Malabu Manor Apartments offers a serene and comfortable living experience for individuals aged 62 and older or those with disabilities. Situated conveniently in Lexington, Kentucky, residents enjoy easy access to three nearby shopping centers within a short walking distance. This independent living community is designed to provide a safe and welcoming environment.

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The complex features spacious apartments that cater to the needs of senior residents. The property is well-maintained, ensuring a pleasant atmosphere year-round. With a focus on community and comfort, Malabu Manor Apartments aims to provide residents with a worry-free lifestyle, allowing them to focus on enjoying their golden years.

Residents and visitors can benefit from a range of amenities and services. These include affordable housing options under the Section 8 PBRA program, which makes quality living accessible to those on limited incomes. The management team is dedicated to creating a supportive and inclusive community where everyone feels at home.

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Amenities and Features

Independent living community
Affordable housing (Section 8 PBRA)
Proximity to shopping centers
Well-maintained property
Spacious apartment layouts
Supportive management team

Malabu Manor Apartments Location

Address: 137 Malabu Dr, Lexington, KY 40503

Nearby Senior Apartments Facilities in Lexington

More Senior Apartments Listings in Lexington, KY

About Lexington, Kentucky

Lexington, a city located in the state of Kentucky (KY), is home to a population of approximately 321,276 people. Lexington boasts a median age of 35.2, with around 20.1% of its residents aged 60 or above. 5.5% of the population identifies as US Veterans. 12.5% of Lexington residents are disabled. The city has an average household income of $66,087, while the unemployment rate stands at 5%, and around 14.9% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Lexington is $247,917, with a monthly rent averaging $1,065.

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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.