Rent & Meal Cost

Riverside Place Discounted Rent (if qualified) is based on 32% of the family income, plus a base charge as follows:

Apartment Type Base Charge Plus Income Adjustment
Efficiency $33.85*
Standard 1 Bedroom $39.85*
Large 1 Bedroom $41.85*
2 Bedroom $49.85*

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  $935.85*
Large 1 Bedroom  $975.85*
2 Bedroom $1241.85*

River / Southwest Side

Floor
Standard 
1 Bedroom
Large 
1 Bedroom
2 Bedroom
Lower Level  $945.85*  $980.85*  N/A
1st & 2nd Floor $963.85* $1000.85* $1276.85*
3rd & 4th Floor $992.85* $1028.85*  $1315.85*

Meals & Other Notes

  • All residents purchase a minimum of 20 meals per month. The cost for this base plan effective 1/1/2018 will be $212. Additional resident meals may be added at a cost of $10.60 per meal. An evening snack bar is offered on a user fee basis.
  • Guest meals are $10.60 for regular meals; $10.60 for buffet, special holidays, and theme meals.
  • Our health coordinator will conduct an assessment upon acceptance of an apartment. There is a $50 charge for this service.
  • There is a $150 security deposit, 1 time fee.
*The base charge covers the Expanded Basic Cable ($26.85) and the electrical allotment ($13 - $23).