Active adult homes are the various types of low-maintenance residences found in planned neighborhoods that are designed for people at or nearing retirement age. These communities are either age-restricted or age-targeted, and are usually managed by a homeowners’ association. Age-restricted neighborhoods often limit homeowners to those aged 55 or older, but this can vary by community. Age-targeted communities, on the other hand, cater to those who are 50 or 55 and older by offering amenities, services and leisure activities that appeal to them, but do not require homeowners to be a certain minimum age. Homes in active adult communities can be detached single-family homes, townhouses, cottages, manufactured or custom-built houses. You usually purchase and own a home in these neighborhoods, rather than rent or lease. Active adult communities are primarily separate, upscale neighborhoods designed and built with active retirees in mind. However, some Continuing Care Retirement Communities may also offer this type of housing on site as well.