Mumford Manor

Overview

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Mumford Manor, located in the picturesque town of Newport, Rhode Island, offers affordable housing solutions primarily for the elderly. This historic apartment community, originally built in 1920, has been thoughtfully converted to accommodate 34 senior housing units. With its rich history and prime location, Mumford Manor provides residents with a comfortable and convenient place to call home.

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The property boasts a variety of amenities designed to enhance the living experience of its residents. From the carefully maintained grounds to the communal areas where residents can socialize and relax, every detail has been considered. The management team at Mumford Manor is dedicated to ensuring that the needs of all residents are met, providing a peaceful and supportive environment.

For those seeking affordable living options in Newport, Mumford Manor represents an excellent choice. Its commitment to providing quality housing and fostering a strong sense of community makes it a desirable location for seniors looking to enjoy their retirement years in comfort and style. The combination of historical charm, modern conveniences, and a focus on resident well-being truly sets Mumford Manor apart.

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Amenities and Features

Affordable housing for the elderly
Historic building with modern conveniences
34 senior housing units
Carefully maintained grounds
Communal areas for socializing
Supportive management team
Located in a prime Newport location

Mumford Manor Location

Address: 39 Farewell St, Newport, RI 02840

Phone: 401-849-8874

Website: https://www.phoenix-ri.com/property-by-location/ri-newport/mumford-manor

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About Newport, Rhode Island

Newport, a city located in the state of Rhode Island (RI), is home to a population of approximately 25,087 people. Newport boasts a median age of 37.4, with around 26% of its residents aged 60 or above. 9.4% of the population identifies as US Veterans. 13.3% of Newport residents are disabled. The city has an average household income of $81,330, while the unemployment rate stands at 10%, and around 13.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Newport is $623,214, with a monthly rent averaging $1,527.

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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.