Village Lane Apartments

Overview

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Village Lane Apartments offers affordable housing options in Farmington, Arkansas. This low-income apartment complex provides a variety of living arrangements to meet the needs of its residents, including Section 8 housing. The community is designed to accommodate both individuals and families seeking quality living at reasonable rates.

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The apartments are known for their affordability, with rates ranging from $261 to $554 per month. The complex features various unit sizes to cater to different household needs, ensuring that every resident can find a comfortable living space. Village Lane Apartments is managed by a dedicated team focused on maintaining a safe and welcoming environment for all tenants.

Conveniently located, Village Lane Apartments provides easy access to local amenities and services, making it an ideal choice for those looking for practical and budget-friendly living options in Farmington. The complex is situated near essential public services and recreational areas, enhancing the quality of life for its residents.

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Amenities and Features

Affordable rental rates
Section 8 housing program
Various unit sizes available (1, 2, and 4 bedrooms)
Senior-friendly accommodations
Convenient location near public services and recreational areas

Sources

Village Lane Apartments Location

Address: 102 Old Depot Rd Apt 10, Farmington, AR 72730

Phone: 479-267-2472

Website: https://www.publichousing.com/details/village_lane_apartments

About Farmington, Arkansas

Farmington, a city located in the state of Arkansas (AR), is home to a population of approximately 7,991 people. Farmington boasts a median age of 34.4, with around 15.5% of its residents aged 60 or above. 9.9% of the population identifies as US Veterans. 8.7% of Farmington residents are disabled. The city has an average household income of $83,783, while the unemployment rate stands at 0.4%, and around 3.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Farmington is $217,059, with a monthly rent averaging $1,093.

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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.