According to recent reports, the average rent for an apartment in Denver has increased by nearly ten percent in the last year. This is good news for landlords and property owners, but it’s bad news for those who are already struggling to make ends meet.
If you’re a senior citizen on a fixed income, finding income-restricted senior apartments for rent in Denver can be difficult. Fortunately, there are income-restricted senior apartments, such as Rose Community Management, available in Denver. Here’s everything you need to know about how to find them.
What are Income-Restricted Senior Apartments?
Senior apartments that are income-restricted are apartment complexes that have been specifically designated for low-income seniors. These complexes usually offer a variety of amenities, such as on-site laundry facilities, community rooms, and outdoor spaces.
Most importantly, these apartments offer safe and affordable housing for seniors who might otherwise be forced to move into a nursing home or assisted living facility.
How Do I Qualify for Income Restricted Senior Apartments?
In order to qualify for income-restricted senior apartments for rent in Denver, you must first meet the age requirement. Most complexes require that residents be at least 62 years of age. You will also need to prove that your annual income is below a certain threshold. This number varies from complex to complex.
Where Can I Find Income Restricted Senior Apartments in Denver?
There are several income-restricted senior apartments located throughout Denver. However, most of them are concentrated in low-income neighborhoods on the city’s east and west sides.
