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9 Retirement Communities With Surprisingly Low HOA Fees

May 26, 2026 · Personal Finance

Workers maintain the manicured lawns at Covered Bridge, a retirement community with surprisingly low HOA fees.

1. Covered Bridge (Lake Placid, Florida)

Lake Placid holds the title of the “Town of Murals” and offers a quiet, central Florida lifestyle away from intense coastal congestion. Covered Bridge features durable block construction homes and a tight-knit neighborhood atmosphere.

The monthly fee is remarkably low—often hovering just under $100. This nominal fee punches far above its weight by covering comprehensive lawn maintenance, basic cable television, and access to a clubhouse equipped with a heated pool, hot tub, and exercise room.

You gain all the essential perks of an active adult lifestyle without funding extravagant, rarely used amenities.

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