Oakwood Manor

Overview

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Oakwood Manor in Somerville, Tennessee offers a unique blend of privacy, convenience, and affordability. Established in 2011, Oakwood Manor provides a serene living environment with peaceful views while being conveniently close to downtown Somerville. This apartment community consists of 48 units spread across three stories and is known for offering affordable housing solutions to low-income residents through Section 8 PBRA rental housing assistance.

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The apartments range in size from 600 to 800 square feet, featuring well-maintained interiors and essential amenities that ensure a comfortable living experience. With an emphasis on affordability, Oakwood Manor has become a sought-after residence for those seeking cost-effective living options without compromising on quality. The community also boasts a friendly atmosphere, making it ideal for individuals and families alike.

Residents of Oakwood Manor enjoy access to a variety of amenities designed to enhance their living experience. From modern conveniences to community-focused features, Oakwood Manor aims to provide a balanced lifestyle that caters to the diverse needs of its residents. Whether you are seeking a quiet retreat or a place that offers easy access to urban amenities, Oakwood Manor is a great choice.

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Amenities and Features

Section 8 PBRA rental housing assistance
Apartments ranging from 600 to 800 sq ft
Affordable rental costs
Convenient location close to downtown Somerville
Serene and private living environment
Community-focused atmosphere

Oakwood Manor Location

Address: 49 Oakwood Manor Cv, Somerville, TN 38068

Website: https://oakwoodmanortn.com/

About Somerville, Tennessee

Somerville, a city located in the state of Tennessee (TN), is home to a population of approximately 3,385 people. Somerville boasts a median age of 35.1, with around 22.6% of its residents aged 60 or above. 8% of the population identifies as US Veterans. 23.3% of Somerville residents are disabled. The city has an average household income of $33,750, while the unemployment rate stands at 4.2%, and around 33.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Somerville is $286,593, with a monthly rent averaging $711.

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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.