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Yes. They are usually government subsidized and based on your income. Check with a senior apt. complex you are interested in and they will point you in the right direction.

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A Senior Apartment Can Fit Your Lifestyle?

Choosing to rent a senior apartment is a decision that will fit the lifestyle of many seniors and older baby boomers. Individuals and couples who have equity in their homes may want to sell the house and use the funds for a more comfortable lifestyle during retirement. Those who have had financial challenges may find that renting a senior apartment will save them a significant amount on housing. And, renting rather than owning eliminates the cost of unexpected home repairs. A senior apartment also makes sense for reasons beyond the financial impact. Keeping up a large home is a burden for some people. Making a choice to enjoy hobbies or take more time to be with friends and family rather than cleaning the house and mowing the lawn is a good option for seniors who no longer use all the space they have. The social aspect of a senior apartment house is also a consideration. Some senior apartments have card games and regular parties for holidays. If this appeals to you, be sure to ask about the activities each senior apartment house offers and whether they involve any additional cost. Seniors who like to travel also find that a senior apartment is a better choice. The grounds are cared for by the apartment owner so there is no need to arrange for someone to maintain the yard when you are on a trip. Since many neighbors and an apartment manager are home during the day, there are also more people who will notice if there is potential criminal activity around your home. Many communities offer incentives for developers to build senior apartments because seniors are good citizens and their presence enhances neighborhoods. This means that the rental rate on a senior apartment is often discounted below the rates of similar apartments that accept all age groups. However, when you are looking for a senior apartment, you should note that developers are sometimes allowed to build senior apartments at a higher density than apartments meant for families. This may mean that a building will have less parking and smaller units.