Retired seniors relaxing at their retirement community doing a puzzle.

Rental vs. Entrance Fee: Which Is Right for You?

When comparing rental and entrance fee retirement communities, there are many important factors to consider.

The two options look quite similar, and some of the main differences may be obscure at first glance. Compared to those communities requiring an entrance fee, rental senior living communities let you hold on to more of your money, socialize, kick back, enjoy delectable dining options, and live life your way. And you get all this for one monthly fee.

Learn why you should consider choosing a rental community like Copeland Tower Living.

What Is a Rental Senior Living Community?

Rental senior living communities are one of seniors’ most popular living arrangements. Residents usually must pay an upfront deposit and monthly fee for their residency. Renting at Copeland Tower Living brings with it an array of services, amenities and activities. A traditional rental contract doesn’t give you access to the services, amenities and activities you get at Copeland Tower Living. These include:

  • TV with cable and high-speed internet
  • High-efficiency air conditioning and heating
  • All appliances, including washer/dryer, dishwasher, stove, refrigerator, and microwave oven
  • Overnight patrolled security
  • A heated outdoor swimming pool
  • A fitness center with personal trainer
  • Trash removal
  • Pest control
  • 24-hour Concierge service
  • Weekly housekeeping
  • A $200 food and beverage credit

The Benefits of a Rental Senior Living Community

But there’s more! In addition to these tangible amenities, choosing an independent living community like Copeland Tower Living provides peace of mind, possibilities, and all the delicious food for which Copeland’s inspired dining is known. As a rental community, we offer the following benefits:

  • Control over finances. Rental senior living communities make estate planning easier. With a rental, you won’t have to pay the hefty entrance fee associated with a Life Plan Community. In addition, if you desire to change course and move elsewhere, you’ve got the flexibility you need to make it happen.
  • A real sense of community. Connecting with new friends is easy in a senior living community. Your life will be enhanced and more deeply personalized as you become a valued community member.
  • Maintenance-free retirement. Being a homeowner entails unpredictable expenses and a serious time commitment. You’ll find that the experiences, amenities, and activities at a rental community are more than a fair trade for home maintenance. At Copeland Tower Living, sit back and enjoy vertical living while our staff takes care of maintenance, housekeeping and repairs. We hope this has given you an idea of the benefits of senior living rentals.

    Retirement Living The Copeland Way, Located in the Heart of Metairie

Experience a renewed sense of community at Copeland Tower Living in Metairie, LA, where lifestyle, community and convenience meet.

Learn more about how you can participate in active senior living today!

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