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Senior Apartments and 55+ Apartments for Retirees in Portsmouth, Virginia

Listing of Senior Apartments in Portsmouth, Virginia - please help by providing your feedback! If you know of any others that aren't listed, please suggest a listing.

Peake Lane Group Home

5100 Peake Ln
Portsmouth, Virginia 23703-3541
Peake Lane Group Home Details

Effingham Plaza

715 Madison St
Portsmouth, Virginia 23704-6610
Effingham Plaza Details

Malvern Hills

426 King St
Portsmouth, Virginia 23704-3610
Malvern Hills Details

Mount Hermon Elderly

2400 Cutherell St
Portsmouth, Virginia 23707-3645
Mount Hermon Elderly Details
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About Portsmouth, Virginia

Portsmouth, a city located in the state of Virginia (VA), is home to a population of approximately 97,384 people. Portsmouth boasts a median age of 35.6, with around 21.4% of its residents aged 60 or above. 12.6% of the population identifies as US Veterans. 14.8% of Portsmouth residents are disabled. The city has an average household income of $57,154, while the unemployment rate stands at 6.6%, and around 17.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Portsmouth is $213,281, with a monthly rent averaging $1,225.

About Senior Apartments

It's not just about convenience and affordability; it's about creating a vibrant and 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.

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