Older adults often find an independent living community to be an ideal housing option for their early retirement years. These communities give seniors the opportunity to live an active life free from the worries of home maintenance and repairs. The focus is on life enrichment and wellness.
Because this type of senior housing varies widely, so do the costs. Expenses can range from a low income, sliding scale fee senior apartment to a very expensive villa that is part of a continuing care retirement community (CCRC). There may also be entrance fees and application fees to consider. On average, the monthly rental on an independent living apartment in the Dallas-Fort Worth area is between $1,200 and $6,000 per month.
Paying for Independent Living in North Texas
Unless the senior has very limited income and resources, the majority of the expenses for independent living must be paid for with private funds. Unfortunately, neither Medicare nor the Veteran’s Aid & Attendance benefit will help with the cost of independent living.
For older adults with limited financial means, the Texas Department of Housing and Community Affairs (TDHCA) can be a great resource. Contact them to learn more about rental assistance programs for low-income seniors.
Advice and Guidance During a Search for Senior Housing
Because there are so many options to consider, older adults and their families often find the search for independent living to be overwhelming. This is where the team at Senior Living Specialists can help. Since 2009, we have been helping families find a solution that best meets their needs. Please call us at 214-929-5055 or use our Contact Form if you would like us to call you.