Find Senior Apartments and 55+ Apartments for Retirees Near Me in Minneapolis, Minnesota

Listing of Senior Apartments in Minneapolis, Minnesota - please help by providing your feedback! If you know of any others that aren't listed, please suggest a listing.

Trinity Apts

2800 E 31st St
Minneapolis, Minnesota 55406
Trinity Apts Details

Ebenezer Park Apartments

2700 Park Ave Ofc Ofc
Minneapolis, Minnesota 55407
Ebenezer Park Apartments Details

St. Paul's Home

2735 15th Ave S
Minneapolis, Minnesota 55407
St. Paul's Home Details

Labor Retreat

124 4th St Se
Minneapolis, Minnesota 55414
Labor Retreat Details
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Calhoun Beach

2925 Dean Pkwy Ste 300
Minneapolis, Minnesota 55416
Calhoun Beach Details

Loring Towers Apartments

15 E Grant St
Minneapolis, Minnesota 55403
Loring Towers Apartments Details

Ebenezer Towers

2523 Portland Ave Ste 1
Minneapolis, Minnesota 55404
Ebenezer Towers Details

Phillips Towers Apartments

918 E 22nd St
Minneapolis, Minnesota 55404
Phillips Towers Apartments Details
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Loring 100 Apartments

1355 Nicollet Mall
Minneapolis, Minnesota 55403
Loring 100 Apartments Details

About Minneapolis, Minnesota

Minneapolis, a city located in the state of Minnesota (MN), is home to a population of approximately 2,892,570 people. Minneapolis boasts a median age of 32.8, with around 15.6% of its residents aged 60 or above. 3.5% of the population identifies as US Veterans. 11.2% of Minneapolis residents are disabled. The city has an average household income of $76,332, while the unemployment rate stands at 5.8%, and around 16.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Minneapolis is $327,692, with a monthly rent averaging $1,267.

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.

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Free Senior Resources

Ultimate Guide to Retirement Communities
The Ultimate Guide to Retirement Communities
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Your Complete Guide to Aging in Place
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Ultimate Estate Planning Checklist & Guide
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