Cottages at the Colony of Sherman Oaks
5416 Tyrone Street, Los Angeles, CA 91401
Our comprehensive listings and authentic reviews in Lake Balboa, CA below include 662 Assisted Living facilities with...
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We’ve spent hundreds of hours compiling helpful information below these listings, ranging from assisted living costs statistics of in Lake Balboa, to local laws & regulations in the area, to nearby services and programs that can help older adults in the community thrive, and more.
662 Results
5416 Tyrone Street, Los Angeles, CA 91401
18725 Shoenborn Street, Northridge, CA 91324
"To learn more about this provider’s license and review other available state reports, please visit: California Department of Social Services..."
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$4,000
Encino
$3,831
Northridge
$3,628
Van Nuys
$3,250
Panorama City
$2,600
Assisted Living costs in Lake Balboa start around $0 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.
It’s important to note that assisted living rates in Lake Balboa and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.
Elderly people who receive assisted living in Lake Balboa may be eligible to receive financial help with the cost of care from MediCal, the state's Medicaid system. MediCal's Assisted Living Waiver exists to help low-income Californians pay for the cost of care in residential care facilities.Â
While MediCal doesn't cover the cost of room and board, the State Supplemental Payment, which is provided to seniors who receive Supplemental Security Income, can help to cover those costs.Â
Learn more about these programs, plus who’s eligible, on ourAssisted Living in California page.
While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:
For more information about different ways to finance assisted living, visit our Assisted Living in California page.
Lake Balboa and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.
To see a list of free assisted living resources in Lake Balboa, please visit our Assisted Living in California page.
Lake Balboa-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in California are required to follow. Visit our Assisted Living in California page for more information about these laws.