8 Types of Housing Options for Those Over 55
Updated on May 16, 2024 / 4 min read
Senior housing is a living arrangement that allows older adults, typically over 55, to reside in a comfortable residential setup that meets their needs. While some arrangements offer care and health services to seniors, others might offer them socialization opportunities. Based on the experiences and amenities they offer, there are several types of 55-plus housing options. That said, before choosing a senior living facility, it is important to know the types of options available.
Types of senior housing
Those who are 55 and over can begin by determining their requirements and then choose a senior housing option that meets those needs.
1. Luxury senior living communities
This type comes with high-end living arrangements for older adults, providing them access to luxurious amenities like golf courses, swimming pools, restaurants, and fitness centers. As these communities can be more spacious and well-equipped than other senior housing options for those over 55, they tend to be more expensive. So, this arrangement is suitable for those with financial freedom.
2. University-based retirement community
This type of senior living arrangement is ideal for those over 55 who are keen on accessing advanced educational opportunities. The retirement community here has direct ties with local universities and colleges, allowing residents to work on or participate in learning activities at these locations while catering to their other needs. A key feature to consider here is that residents can take classes or learn new skills to stay stimulated.
3. Senior mobile home parks
Those over 55 looking for a unique yet versatile living environment can consider mobile home parks. This option consists of small lots and community spaces shared and used by multiple recreational vehicle (RV) or trailer owners and renters at the same time. The RVs can be driven here and trailers can be towed by another vehicle. Residents can stay at the park there for as long as they like and then move on to another location. The parks that are designed for older adults tend to have noise and usage restrictions.
4. Active retirement communities
This type of living setup is designed to encourage an active lifestyle. For instance, certain communities house golf courses, bowling alleys, and other recreation centers here to help seniors stay active. Others may offer access to activities like biking, swimming, and hiking. The primary goal of such a retirement community is to keep residents stimulated and physically active, helping them adopt and maintain a healthy lifestyle.
5. Assisted living facilities
Certain people over 55 may enjoy living independently but could be dealing with health issues for which they require care. Such individuals might benefit from moving to assisted living communities. This option offers older adults assistance with daily tasks, like getting dressed, bathing, preparing meals, housekeeping, and adhering to healthcare routines. While the levels of care and support an assisted living community provides are not as extensive as that of a nursing home, the services can be tailored to meet residents’ unique needs.
6. Memory care facilities
Designed for older adults with cognitive health issues, memory care facilities, like nursing homes, provide services that cater to residents’ health and social needs. Those with dementia may benefit from this type of housing, as it offers tailored 24/7 support for dealing with memory problems, communication difficulties, and confusion.
7. Gated communities
Safety and security are essential elements to consider when considering any housing option. A gated community can be a worthwhile solution here. For instance, such a community regulates visitor entry, ensuring residents’ security. Additionally, the stringent monitoring of a gated community also ensures that residents get privacy at all times.
8. Retirement communities for singles
Those over 55 who are unmarried can choose to live in a retirement community meant for singles. Such a community may also offer its residents opportunities to meet others, helping them find new friends or partners. There are various types of retirement communities for singles, including those with single-family homes, apartments, or condos. These living options even have built-in programs, events, and social activities that encourage residents to interact with each other, keeping their minds sharp and helping them find like-minded people.
Factors affecting the cost of housing
The cost of housing for those who are 55 and over will differ based on multiple factors. For instance, the amenities and other services offered in a living facility can significantly influence the cost of the housing option. Location also plays a role, as communities located in larger cities typically cost more than those in smaller cities and towns. Other factors that may affect the cost include the location, accommodation, and level of care provided. Additional costs to consider are HOA fees if one purchases a condo in a senior living community.
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