Stanford Place

Overview

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Stanford Place in Cleveland, Tennessee is a welcoming community offering Section 202 rental housing assistance. The apartments provide a comfortable and affordable living option for seniors in the area. Residents can enjoy a peaceful environment while being conveniently located near essential amenities.

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The community at Stanford Place fosters a sense of belonging and inclusivity, creating a warm and inviting atmosphere for residents. With a focus on low-income senior housing, Stanford Place aims to provide a safe and supportive environment where individuals can age gracefully and comfortably. The well-maintained grounds and thoughtfully designed apartments offer a sense of home for all who reside there.

Amenities and Features Available to Residents and Visitors:

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On-site maintenance
Community room for social gatherings
Accessible units for those with mobility challenges

Sources:

Stanford Place Location

Address: 2213 Bower Ln Se, Cleveland, TN 37311

Nearby Senior Apartments Facilities in Cleveland

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About Cleveland, Tennessee

Cleveland, a city located in the state of Tennessee (TN), is home to a population of approximately 72,870 people. Cleveland boasts a median age of 34.5, with around 22% of its residents aged 60 or above. 6.9% of the population identifies as US Veterans. 18.4% of Cleveland residents are disabled. The city has an average household income of $52,468, while the unemployment rate stands at 4.3%, and around 17.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Cleveland is $226,016, with a monthly rent averaging $922.

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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.