Pricing
The Woodlands offers two financial models to help make your independent living lifestyle possible, which allow us to offer the lowest entry fee possible, providing middle-income community members, such as our retired schoolteachers, police officers, healthcare workers, and small business owners, access to a local independent living lifestyle. No matter the option, each includes access to our full line of resident services.
Pricing Models
Pricing for independent living apartments can be confusing. To help, here’s a breakdown of The Woodlands’ pricing models – rental and ownership – to help you better understand how your housing costs will factor into your monthly budget.
Monthly Rental Model
Our monthly rental fee is similar to a traditional rental in which you pay for your apartment on a recurring monthly basis alongside your Monthly Service & Upkeep Fee. This is the most flexible and financially feasible option for most and helps to preserve your hard-earned savings.
| Single Occupancy | Double Occupancy | |
|---|---|---|
| Rent | $2,350 | $2,350 |
| Monthly Service & Upkeep Fee | $3,500 | $4,500 |
| Total Monthly Payment Due to The Woodlands |
$5,850 | $6,850 |
ownership model
The Woodlands also offers a home ownership model, in which you purchase your apartment as you would a traditional home. With this model, you do not pay The Woodlands monthly rent, but you do pay the Monthly Service & Upkeep Fee in addition to your mortgage payment.
| Single Occupancy | Double Occupancy | |
|---|---|---|
| Mortgage Payment | Paid to your mortgage lender | Paid to your mortgage lender |
| Total Monthly Service & Upkeep Fee Due to The Woodlands |
$3,500 | $4,500 |
*Property tax payment not included, average $2,200/yr.
Monthly Service Fee Includes
Our monthly service fee streamlines your monthly housing expenses
- Full access to meal program (per resident)
- 24-hour Lifeline emergency response system
- Planned activities, including social, cultural, and recreational events
- Regularly scheduled local transportation
- Utilities: electric, water, sewer, and heat
- Building maintenance and repairs
- General property, fire, and liability insurance for the facility
- Seasonal grounds maintenance (landscaping, mowing, plowing, etc.)
Download our free Cost Comparison Worksheet to see how your current monthly expenses compare to those covered under The Woodlands’ monthly fees.
Additional Services Available For a Fee
Transportation (The Woodlands Van)
- Private local transportation for a fee
Housekeeping and Maintenance
- Clean your home
- Do personal laundry
- Projects such as moving furniture and hanging pictures
Pricing Effective: October 1, 2023
Priority Wait List
Not everyone is ready to move into an independent living community just yet. But that doesn’t mean you can’t start making plans for your future today.
For those considering The Woodlands at Stowe as a future home, we offer a program that can help you take the steps to secure your future home – our Priority Wait List program!
There are two main reasons to consider joining The Woodlands’ Priority Wait List Program:
- The apartment layout or pricing model you’re interested in isn’t currently available, OR,
- You simply aren’t ready to make the move today but would like first right-of-refusal on an apartment down the road.
We continually maintain two priority wait lists, one for rental units and one for owned units. These open-ended lists offer you two opportunities to refuse an apartment when it becomes available but remain at the top of the list for the next one (see full policy for details). There is also a third internal waitlist for current residents who are interested in changing their apartment or pricing model after moving in.
How do you join the Priority Wait List?
Firstly, anyone interested in one day living at The Woodlands must first meet our Ownership/Residency Criteria, which means:
- at least one resident needs to be 55 years of age,
- you must complete a Financial Application,
- you must submit a medical report from your primary care provider stating that you can live independently.
With the above documents, you’ll also complete the Priority Wait List application and submit a $250 refundable deposit.
Ready to join the Priority Wait List or have questions?
Reach out today to discuss joining the list!