Phillips Towers Apartments

Overview

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Phillips Towers Apartments offers affordable housing that caters to individuals and families in Minneapolis, Minnesota. This community provides income-based accommodations, making it accessible for those who qualify. With a focus on comfort and convenience, Phillips Towers ensures residents enjoy a well-maintained living environment in the heart of the city.

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The apartments feature a range of amenities designed to enhance daily living. Residents can take advantage of on-site laundry facilities, ensuring that chores are managed efficiently without the need to leave the premises. The controlled entrance adds an extra layer of security, providing peace of mind for all who call Phillips Towers home. Additionally, the location offers stunning city views, creating a pleasant and visually appealing ambiance for residents and visitors alike.

Phillips Towers Apartments is part of the broader Hennepin County community and is conveniently situated within the Minneapolis Public School District. This prime location means easy access to local services, schools, and public transportation, supporting a balanced and active lifestyle. Whether it’s the nearby parks, cultural attractions, or essential services, everything you need is within reach at Phillips Towers.

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Amenities and Features

Income-based housing
On-site laundry facilities
Controlled entrance
City views
Proximity to public transportation
Located within the Minneapolis Public School District

Sources

Phillips Towers Apartments Location

Address: 918 E 22nd St, Minneapolis, MN 55404

Phone: 612-871-8778

Website: https://www.nationwidehousingcorporation.com/apartment/phillips-tower/

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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.

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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.