Q:

What is the average rent for a one-bedroom apartment in a 55-and-older building?

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Quick Answer

The average rent for a one-bedroom apartment in a 55-and-older building varies significantly depending on the geographical location of the complex. Prices can range anywhere from $800 a month in upstate Vermont to upwards of $2,400 a month in Laguna Niguel, California, as of 2015.

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Full Answer

The price of a one-bedroom apartment located within a 55-and-over complex also depends on amenities offered and level of security. For example, at Fountainglen in Laguna Niguel, California, renters can expect to pay $2,400 for a one-bedroom unit, but this is inclusive of a variety of services including activities, security and monthly maintenance of the property. On the other hand, in Missoula, Montana, renters can expect to pay a price within the low- to mid-$1,000s for a similar arrangement. There are a number of websites and real estate agencies that provide additional information, including pricing and availability, based on the user's desired destination.

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