Joseph Schlicht

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Oak Crest’s Sensible Financial Structure

Affordable, Predictable Costs for Baltimore County Seniors

Living in your house isn’t free. Even if you’ve long-since paid off the mortgage, you still have to contend with repairs, property taxes, and energy costs that spike in winter and summer.

Oak Crest in Baltimore County, MD, has a smart financial structure to help you safeguard your future and manage your day-to-day expenses.


Oak Crest Has Two Basic Costs:

  1. The Refundable Entrance Deposit*
    You’ll secure your independent living apartment home with a one-time Refundable Entrance Deposit. Should you wish to move, up to 100% of your deposit will be returned to you. Should you spend the rest of your life here, up to 100% will go to your beneficiaries.

    Learn more about the Refundable Entrance Deposit.

  2. The Monthly Service Package
    Oak Crest combines your regular living expenses into one convenient bill that you pay each month. It includes utilities, telephone, property taxes, flexible dining, and so much more. Best of all, the cost remains predictable all year long.

    Learn more about the Monthly Service Package.

Betty Inabinett

Here I have just one bill. I know exactly what I’m going to spend each month.

—Betty Inabinett

Built on a Solid Financial Foundation

While there are many retirement living options in the Baltimore County area, only Oak Crest boasts such an impressive financial track record. Consider these facts:

  • Home for Life Commitment
    Oak Crest maintains a unique Benevolent Care Fund. This fund assists eligible residents who outlive their resources. No one has ever been asked to leave because of a genuine inability to pay.
  • Profits Stay Within Oak Crest
    As a not-for-profit community, we reinvest earnings into the community to provide residents with an exceptional lifestyle—all at a predictable and affordable cost.
  • Impressive Growth
    Since opening our doors in 1995, we’ve experienced steady growth. We’ve completed our master development plan, which includes three clubhouses, three residential neighborhoods, and an on-site continuing care health services neighborhood.
  • High Occupancy
    Occupancy at Oak Crest is more than 97%.
  • Fee-for-Service Advantage
    Many senior living communities require you to pay up front for services you may never need, but not Oak Crest. Here, you only pay for a higher level of heath care when, and if, you need it.
  • Expertise In Senior Living
    Oak Crest is a community by Erickson Living®, a network of communities with 30-plus years of experience in senior living and health. Currently, Erickson Living has 19 communities in 11 states.

*Carefully read the  Residence and Care Agreement for  the conditions that must be satisfied before the Provider is required to pay the Entrance Deposit Refund.