Northlake Apartments

Overview

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Northlake Apartments is a welcoming community located in Memphis, Tennessee. Known for its convenient location, this residence offers easy access to downtown Memphis, the Evergreen Vollintine Historic District, and the Green Line walking trail. The professional leasing team is dedicated to helping you find the perfect living space to meet your needs.

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The community provides a range of apartments that blend style and livability, ensuring residents enjoy a comfortable and modern living experience. With a variety of units available, Northlake Apartments caters to different lifestyle preferences, making it an ideal choice for individuals and families alike.

Residents and visitors alike will appreciate the numerous amenities and features that enhance the quality of life within the community. Whether you’re looking to relax, stay active, or socialize, Northlake Apartments has something to offer everyone.

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Amenities and Features

Spacious floor plans
Modern kitchen appliances
On-site management
Pet-friendly environment
Access to public transportation
Walking trails nearby
Fitness center
Swimming pool
Laundry facilities

Sources

Northlake Apartments Location

Address: 5220 Wesley Park Dr, Memphis, TN 38135

Phone: 901-372-0100

Website: https://www.apartments.com/northlake-apartments-memphis-tn/4d00j5j//

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About Memphis, Tennessee

Memphis, a city located in the state of Tennessee (TN), is home to a population of approximately 1,038,000 people. Memphis boasts a median age of 34.5, with around 20.3% of its residents aged 60 or above. 5.8% of the population identifies as US Veterans. 13.7% of Memphis residents are disabled. The city has an average household income of $48,090, while the unemployment rate stands at 8.6%, and around 23.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Memphis is $137,503, with a monthly rent averaging $1,050.

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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.