Refundable Entrance Deposit

Riderwood is not a rental community, and you do not purchase your apartment home when you move here. Instead, Riderwood has a financial structure that helps safeguard your future while you enjoy an exceptional lifestyle today.

A one-time entrance deposit secures your Riderwood independent living apartment home for as long as you live at our Silver Spring retirement community.

  • If you choose to move away from Riderwood, your deposit is returned to you.
  • If you spend the rest of your life at Riderwood, your deposit is refunded to your beneficiaries.
  • If you need to, you may access your deposit to cover qualified maintenance and continuing care expenses.

Please reference our Residence and Care Agreement for the refund terms and conditions. We will happily provide you with a copy when you schedule your community visit.

When you sit down and work out the cost of maintenance, repairs, and everything that’s included here, it is a very good value.
Joseph Schlicht

Entrance Deposit Ranges

Information accurate as of January 1, 2017. A wide variety of floor plans are available, with specific pricing determined by size, style, location, and special apartment features like balconies and patios. Contact us to discuss exact pricing and availability.

Apartment Home Type

Deposit Range

Studio

$130,000 – $142,000

Large or extra large one bedroom

$184,000 – $284,000

Extra large one bedroom with den

$252,000 – $293,000

Large or extra large two bedroom, one bath

$243,000 – $308,000

Two bedroom, one and a half bath

$303,000 – $350,000

Two bedroom, two bath

$323,000 – $418,000

Deluxe two bedroom, two bath

$473,000 – $794,000