What a great way to get a taste for 55+ living - renting
a house in a 55+ community so you can see if it's a good fit for you. Plus
you will be living in the community and living in the 55+ community can
give you a good feel for what is a good deal when it comes time to buy.
55+ home rentals include short term rentals, one year rentals
and long term rentals are sometimes available. Owners rent their homes for
all kinds of reasons; maybe they bought their retirement home but are just
not ready to move in, they had to relocate but don't want to sell in this
market, or moved to an assisted living home and want to keep their home
for a while just in case. Also sometimes the builder or developer will rent
you a home while they are building your new home in their communiity. The
options for renting a home in a 55+ community may be more than you think.
Renting a Home in a 55+ Retirement Communities May be a Good Idea
Many experts say it may be a good idea to rent a home in a 55+ community first, before buying, especially if moving across country or to a new area. Even with a short term 55+ home rental you can see if you like the area and the community. A long term lease of a 55+ home could be wise financially. 55 retirement rentals are becoming popular. Or start with a short term seasonal 55+ home rental like a snowbird does. That will give you a good feel for the community. You may want to try another community next time for your snowbird rental.
These are rental listings for homes for rent in 55+ communities, active adult communities, retirement communities, 55+ friendly homes or homes that would be a good retirement home. 55 rental properties are from individual owners, real estate agents, 55+ rental management companies, 55 rental communities or builders/developers.
Thanks for using our 55+ rent list. By the way if you have a home to lease, click the "Advertise with us" link at the top of this page to place your free rental listings.
Renting a home from a licensed real estate agent, property management company or the builder may give you a little more protection. If you are renting directly from the property owner, just be sure to verify that they do in fact own the property. You can do that with a search of the property tax records. In renting or leasing a home, normally there is a rental application, an application fee and you are expected to pay the first month's rent then at move in a security deposit. Security deposits are usually equal to one months rent but that varie according to local conditions. Pets are negotiable. Tenants normally pay all utilties in a rental home. Talk with the owner about the homeowner association fees to see if they are included in the rent. Normaly in a 55+ community the landscaping is included in the homeowners assocation fee. It is suggested that you obtain renters insurance to protect yourself. Find out about the early termination of the lease agreement and what is the penalty and notice required. Another very important lease condition to understand is who will be handling the maintenace on the house. It is true that a newer home in a 55+ community probably will be very low maintenance, but the air conditioner may be charging occasional, there could be a water leak or a number of other things come up needing repair. Make sure this agreement is spelled out in the lease and read over the entire lease agreement before signing.
Many of the over 55 rentals are in senior apartment communities. It is a little easier to rent a senior apartment and more services are provided like meals and transportation. Take a look at rental listings in your state by clicking the state categories about but also check out our senior apartment
Property Owners - Scam Warning and Rental Tips
Property owners should never lease their property sight unseen to anyone in our option and should be aware of a scam where someone emails you and says they want to rent your home and sends money sight unseen. Then they want you to refund by wire transfer part of their "overpaymet". Once they have your money their check will bonce. Don't fall for this rental scam. Always get a rental application and get it verified including running a credit credit on the applicants prior to approving the lease. Property management can be difficult if you are not experienced so it may be a great idea to look into obtaining property property management. See NARPM.org for professinal rental home mangers.