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 $1,285 and $13,535 per month. [Read more…]