How Much Does Independent Living at Otterbein Cost?

We’ve answered a few top questions about costs at Otterbein, our price points, what your financial options are, and more.

otterbein seniorlife resident

How Much Does Independent Living at Otterbein Cost?

Otterbein SeniorLife provides a wide array of independent living residences, with monthly services fee prices ranging from as low as $1,376 to as high as $6,538. The service fees vary based on the size of the home or apartment, type of residence, location on campus, contract option, and the community you choose.

Entrance fees and monthly costs vary at each community, and a variety of contracts are available. For the most accurate details and prices, contact your community of choice.

SeniorLife Communities

Contact the sales and marketing team at the community of your choice for more details.

Monthly fees at Otterbein cover all maintenance for homes, bills (including gas, water, electric, cable, and trash), taxes, access to community activities and events, and more.

otterbein marblehead home

What Are My Payment Options?

Otterbein offers three different payment options at each of its Ohio communities:

  1. A monthly services fee option to rent. This agreement option provides the services, amenities, and activities of the community with an all-inclusive, once-a-month fee. No entrance fee of any kind is required.
  2. A 100 percent refundable entrance fee. With this option – that isn’t offered by most other retirement communities – you’re eligible to receive 100 percent of your entrance fee back if you leave the community. This entrance fee also reduces the monthly services fee you’ll pay.
  3. A refundable life use fee (RLUF). Choose how much you want to invest as a down payment. The balance depreciates over the time you live at Otterbein and is not refundable, but the allowable credit will apply in all levels of care for as long as you reside in the community.

Compare living at Otterbein with your current costs of living. For instance, you won’t have to pay separate bills for utilities and lawn care because those things are already included with your contract at Otterbein.

Download our free independent living cost comparison guide for your community to learn more.

Don’t have a preferred location? Click here.

otterbein residents playing shuffleboard

Can I Pay With Medicare and Medicaid?

Independent living (at communities across the country, not just at Otterbein) is private-pay only. Some residents make use of their long-term care insurance to pay for independent living services, but most pay out-of-pocket.

However, if you move to Otterbein and eventually live in the skilled nursing center, Medicaid may cover a portion of your stay. And Medicare could help cover rehab stay costs. If you have questions about how these funding sources work, talk to one of our senior living counselors.

otterbein seniorlife residents planting flowers with grandchild riding bike

What’s the Value of Independent Living at Otterbein?

Besides the maintenance-free ease of life at Otterbein, there are also varying levels of care available right on campus.

That’s because Otterbein’s locations are continuing care retirement communities (CCRCs). Our communities offer assisted living, skilled nursing, and more types of health care services.

You’ll also be a part of a non-profit community. All the revenue goes back into maintaining and improving Otterbein. And Otterbein has more control over reducing price increases as compared to a for-profit community.

Learn More About Independent Living at Otterbein

You have questions about life at Otterbein. We have answers.

Download our guide to costs and payment at Otterbein for your community to get the most updated price ranges, see floor plan options, and more.

Don’t have a preferred location? Click here.