Rent & Meal Cost
Riverside Place Discounted Rent for any size apartment, including efficiency, (if qualified) is based on 32% of the family income plus a base charge of $31.15. There is a charge for TV channel service ($31.15 effective 1/1/21).
Market Rents (maximum rents charged) will vary by floor and location in the building. Current Market Rents are as follows:
Main Street / Northeast Side
| Apartment Type | Price |
|---|---|
| Standard 1 Bedroom | $954.15* |
| Large 1 Bedroom | $994.15* |
| 2 Bedroom | $1,259.15* |
River / Southwest Side
| Floor | Standard 1 Bedroom | Large 1 Bedroom | 2 Bedroom |
|---|---|---|---|
| Lower Level (currently not available) | $962.65* | $997.65* | N/A |
| 1st & 2nd Floor | $982.15* | $1,019.15* | $1,296.15* |
| 3rd & 4th Floor | $1,013.15* | $1,048.15* | $1,335.15* |
- * TV channel service ($31.15 effective 1/1/21) has been added.
- An electrical charge based on the individual meter read for the apartment will also be added to the monthly invoice.
- Our health coordinator will conduct an assessment upon acceptance of an apartment. There is a $50 charge for this service.
- A security deposit (equal to 1 month’s rent) will be charged at the time of occupancy.
Meals
- All residents purchase a minimum of 20 meals per month. The cost for this base plan effective 1/1/2020 will be $225. Additional resident meals may be added at a cost of $11.25 per meal. An evening snack bar is offered on a user fee basis.
- Guest meals are $11.25 for regular meals; $11.25 for buffet, special holidays, and theme meals.