While there are many perks to living in Utah, available affordable housing just isn’t one of them—at least for now. According to a recent Porch.com report, Utah trails every other state in the nation for the number of homes available for purchase or rental. What’s more, as of December, experts agreed the Wasatch Front was on the verge of a housing affordability crisis, according to Deseret News.
If you’ve looked at the market lately, that’s probably not surprising. The median home price in Salt Lake City is $477,165, according to Zillow, up nearly 15% over the past year—and that’s not where the affordability problems end. The average rent in Salt Lake City is now above $1,000 per month for a 1-bedroom, according to KSL.com.
The senior struggle
While the current housing situation may be troubling to anyone looking for a new place to live, it may be particularly challenging for seniors, who are often living on limited and fixed incomes. According to the National Council on Aging, one in three seniors—more than 15 million nationwide—are economically insecure, living at less than 200% of the federal poverty level.
Fortunately, there’s hope for seniors in search of affordable housing in Utah. Friendship Manor isn’t just a luxurious apartment high rise; it’s a comprehensive community built with the needs of Utah’s aging residents in mind.
Centrally located at 1320 E. 500 S. in downtown Salt Lake City, Friendship Manor is close to everything seniors need, including banks, medical offices and hospitals, shopping centers, restaurants, parks with walking paths and venues hosting community events.
Fortunately, this prime location doesn’t come with a premium. In fact, Friendship Manor brings affordability to seniors looking for comfort and convenience—both of which are a top priority for the Friendship Manor staff.
Aside from its comfortable studio, one-bedroom and two-bedroom floorplans, Friendship Manor also provides everyday conveniences that make life easier and more enjoyable. Residents enjoy beautifully landscaped grounds, complete with gardens, courtyard and gazebo, a game room, theater room, beauty shop, library, community gathering space and a neighborhood network/computer center. Additionally, seniors can enjoy the onsite exercise classes and the central dining room with delicious, daily meals and social opportunities.
Peace of mind
For seniors and their families, finding the right housing fit is the key to gaining peace of mind. Leasing an apartment at Friendship Manor is the perfect way for seniors to retain independence while allowing them to arrange for extra assistance they need, whenever they need it. The community provides controlled building access, a night manager for emergencies, covered parking, extra storage space, mobility, hearing and vision accessible units, garbage chutes, onsite maintenance and staff service coordinator to ensure the comfort and well-being of each resident.
More than a home
With 178 units spread across 14 floors, Friendship Manor is more than a home—it’s a lifestyle. Its included HUD mandatory meal plan ensures residents receive healthy, nutritious, and delicious meals every day at a low monthly rate. And with utilities—including electricity, gas, water and trash—included in the low monthly rent, life for aging adults has never been simpler or more convenient.
For seniors looking for security, comfort and affordability, Friendship Manor may be a godsend—particularly in Utah’s current housing market.
For more than 50 years, Friendship Manor has housed and cared for seniors over age 62, along with disabled adults, compassionately and professionally. A non-profit, equal housing opportunity facility, Friendship Manor was one of the first in the country planned for older persons of all economic backgrounds. For more information on Friendship Manor, or to inquire about available units, visit Friendship-Manor.com or call Wendy at 801-582-3100.