When you live in an apartment, youre near your neighbors. In terms of cost, single-family home mortgages are far greater than the monthly rent required to lease an apartment. The decision you make will have a significant impact on your happiness and lifestyle. One of the best things about an apartment complex is having anything you need right at hand. Dont panic, maintenance is there to fix it! If you are still on the fence, here are some advantages to apartment living: Cost of Living. For those of you who dont want to be complicated, and all minimalist, living in an apartment is the best choice and really such a benefit. It can also help you pare down your belongings and get rid of any duplicates or extras that are taking up valuable storage space, like linens, bedding and towels. We apologize, but your browser is not supported. Benefits of Living in An Apartment Complex July 21st, 2023 Living in an apartment complex offers various benefits, including amenities (e.g., pool, gym), maintenance services, security, and a sense of community. And even if you have a studio apartment, rent generally increases as the number of renters on a lease decrease. On the other hand, apartments often have large parking lots with room to park an extra car if necessary. Communities typically have a six- or twelve-month lease but some offer more - which is excellent flexibility. Installing shelving in place of a bedside table or above the TV or desk is a great way to maximize space but still keep your home looking put-together. For example, if you have a hobby of collecting shoes, you have to be smart about organizing your collection with other items. Below are 15 reasons why apartment living is the perfect situation: There is no long-term commitment when living in an apartment. There will be no yards and long streets to separate you from the neighbors. You can get a 3-, 6-, or 12-month apartment lease, depending on the complex. So instead of dipping into your savings to fix a broken appliance, you can keep saving up for a vacation! Youll also be living much closer to your neighbors, so if you ever need someone, you have options. With small homes come limited storage options, which really force you to take a step back and identify the items you need and the items you've been hoarding for years. 10 Wall Design Ideas to Refresh The Look of Your Rooms! Not only is the lack of maintenance worries a financial blessing, but its also a check or two off the To-Do list. While we endure less burden and responsibility while renting, this is the opportune time to invest in your future. Despite some clear benefits, apartment living provides a range of pros and cons. At many apartments, youll find lush landscaping, manicured lawns and colorful flowers that span the seasons. Apartments make great short term options. In this guide, we'll learn what an admin fee is and how much it is. Want to dance in your pajamas in your living room? The financial benefits discussed here are gateways to your future. If youve had your eye on a particular coffee table for your living room, you may be able to afford it more easily in an apartment than a home, as your rent may be more affordable than a mortgage. Basement units are more affordable. Roommates are great additions to a lease, because they can help lower the cost of living for you. Likewise, it'll make you really consider what kind of pictures and other decorative accents to dot the room with. Although a close community can happen in a housing neighborhood, the opportunities for it in an apartment complex are greater. When you rent an apartment, you pay the rent. It sounds like a stressful job, don't you think? Many apartment complexes have gated communities, controlled access, security cameras, and extra fire protection. Shoveling snow, replacing a broken dishwasher, or fixing a leaky roof is the responsibility of apartment staff. So whether you install a home office in a bedroom or living room corner or turn an awkward space into storage, you're likely to get the most out of your small home. Far more apartment complexes than houses come with pools where you can relax and the kids can play. Growing families may also not be ready for the long-term financial commitment of buying a family home. Even if a house has a pool, its not all fun in the sun. This is due to the smaller space and the overall responsibility of a landlord/owner versus a tenant. Also, you shoulder the safety risks of children accidentally falling in and the associated liability. Definitely had a lot of benefits during your stay in an apartment. You Will Discover True Freedom. Earlier in this article we mentioned the amenities apartments offer. How to Repurpose Antique Windows for Your Apartment. by Luis Toledo | Mar 25, 2021 | Apartment Move, Local Move, Long Distance Move, Residential Move | 0 comments, Last Updated on March 25, 2021 by Kari-Ann Ryan. Today we will be looking at seven of the top benefits of apartment living. Rent is generally cheaper than a mortgage. The peace of mind associated with the mental freedom of renting is priceless. Once, apartments were like a middle ground. The first benefit of living in an apartment is the financial aspect of renting. even Every month, youll get an inside peek at whats happening here at Renterverse no launch pad required (just an inbox). The elderly, very young and those with health conditions all have difficulties getting up and down the stairs all the time. Youre the only one using and paying for utilities, so you dont risk excessive utility bills from potential roommates who do laundry every day, run the air-conditioning constantly, or forget to turn off the lights. Inside your apartment, you may have amenities such as your own washer and dryer, dishwasher, high-end appliances and countertops, a fireplace, a patio or balcony, etc. We are happy to help those living in and around the Chicago area to move locally, long distance or internationally! Many apartments which have a lower monthly rent have very less square footage, which results in a cramped space providing a smaller room to the entire family. Can I Back Out Of An Apartment Application? Senior apartments are just as private as any stand-alone home. Many homes have limited space for parking your vehicles. Apartments tend to be cheaper than single-family homes in the same location. If the residents destination is far enough from the apartment, they can access it easily and quickly. This restriction can make apartment living disagreeable for pet owners. As a society, we dont talk to our neighbors anywhere near as much as we used to. of their residents. Can You Change Your Mind After Applying For an Apartment? Sign in to manage your tours and view your favorite apartments. Easier maintenance: One of the biggest obligations for house or . No roommate means no one on-site to cheer you up if youre going through a hard time, celebrate with on a whim, or vent to after a long day. Seeing that the apartment area is not too big, like it or not, apartment residents have to think about how to store things in a minimalist way. Save my name, email, and website in this browser for the next time I comment. 3 Proximity to Campus. Similarly, you dont have to worry about a potential roommate bringing home guests or throwing parties or, worse, inheriting an unwanted roommate when their partner stays over five days a week. Community is achieved in home ownership circles as well, but the close proximity of apartment life increases the odds of creating these communal connections. Competition for parking spaces can be fierce, especially without plenty of street parking. Most apartments can offer various leasing options so you can live within a time frame that works for you. You'll also reap the benefits of companionship and help with activities like shopping and cleaning. For them, a traditional house is not an option. Its easy and its free, and you can unsubscribe anytime you want (although we hope you wont want to). An apartment gives you the liberty to choose whether you will be living in a trendy downtown or you want to be closer to schools, playgrounds, and parks. 1. Green thumbs will be challenged without outdoor space in which to plant a flower or garden bed. live in your own house, apartment, or mobile home, and someone else pays for all or part of your food, rent, mortgage, or other things like . Apartment-style housing is typically smaller than single-family homes, and shared walls means there is less heat loss. Deciding to rent will help you avoid these types of setbacks. You dont have to feel locked down when you sign an apartment lease. Also, youll enjoy amenities you might not be able to afford in a stand-alone home. You pass people on the stairs every day. And the walls, shelves, and countertops are all fair game for your knickknacks and family photos. However, the overall costs are less than equipping a home with a mower and other tools. But, you also get a little help from those that live above and below you as heat moves through the floors and ceilings. If youre living in a house, however, youll have to bundle up in your down jacket, hat, scarf, and gloves to shovel sidewalks and plow your driveway. And if youre out of town, youre not paying for utilities you didnt use. There is also a great financial advantage to renting. The maintenance service will do that while you are in your cozy, warm apartment. Anything you can do to find more time in the day is worth it, and thats what apartment living will give you. A tenant doesnt have to worry when there is a plumbing issue or the air conditioner goes out. Pet-friendly apartments may include a dog park. Some people opt for a house, while others pick an apartment as their home. Youd have to spend an awful lot of money to get a house with a swimming pool and a gym. Given that the population in cities is booming and there is a lack of space for individual houses, it stands to reason why apartments are the first option for so many people. Expenses can be very challenging when living on your own. You also may not need to purchase as much additional furniture due to your smaller living space, which may allow for a few splurges in decor. Other than easy access to businesses and other areas, if you live in an apartment, its also easier to access transportation. Maybe usually if you stay at home, there is often a disturbance from the next-door neighbor which is quite disturbing. They likely have a handyman who handles many problems. Rent for an apartment often is less than a mortgage would be, as well as less than the cost of renting a house especially if you are renting on your own or with just one other person. A majority of apartments have technicians on-site, and will come resolve the issue immediately. You can style your apartment to reflect your personality, by adding cool furnishings and homey decorations. Whatever your design challenges in your small space, they're a great opportunity to flex your design muscles and get really creative. Whether you prefer to live in the suburbs or dream of moving to a big city, theres a wide variety of locations to choose from when selecting an apartment. One of the great benefits of living in an apartment is the fact that you will have less responsibility. Ovation 2023. Having a small home means you have less stuff, and this makes the occasional decor update much more manageable. Conversely, if you have a two-bedroom apartment, you can designate that second room as an office, hobby room, or guest bedroom. A simpler lifestyle provides the space to figure out what matters most and the freedom to focus on these things. The increase in apartment unit prices also increased rapidly compared to houses. Unlike living in a house, you arent separated by yards or fences, so it can be easier to develop relationships in apartment communities. Copyright 2023 PT Flokq Spaces All rights reserved. Flexibility There is no long-term commitment when living in an apartment. One of the best things about small-space living is that every space has a function, down to the last corner. Need a pint of ice cream and some alone time after a stressful, long day? When living in an apartment, you don't have to worry about leaking roof, clogged sink or broken pipe. California Consumers: For details on what personal information we collect and for what purposes, and your privacy rights and how to exercise them, visit Essex's Privacy Policy. Shopping center locations are typically chosen by the overall demographic of a community. When moving from one apartment to another, you can choose your neighborhood freely, while with a house, your choice will be limited since there are not so many homes for sale in your preferred neighborhood. The last benefits of living in an apartment are one-stop living. Do you have an essay on this topic? Amenities that come with apartment living are hard to beat. A small home also benefits from a whole-home aesthetic; too much change from room to room can create a chaotic, unbalanced look. Apartments can be much safer than houses. You are free to simply enjoy it. Many apartments offer short-term leases. Contemporary apartment buildings feature several attractive conveniences that single-family homes do not offer. More unique amenities on property are movie theaters, salons, hiking trails, pet spas, and underground heated parking. We didnt think so! Similarly, MB360 in San Francisco has a fitness center, swimming pool, clubhouse, and outdoor spaces for renters to comingle and socialize. communal garden Once you get locked into a house mortgage, you have to spend time and money to put your home on the market when you want to move. Plus, you have to worry about getting enough money out of your home to cover the mortgage you still owe. As a result, renting an apartment is a more suitable immediate choice. Explore our nearly 250 apartments, such as The Village at Toluca Lake in Burbank or Tierra Vista in Oxnard, and learn more about current leasing or move-in specials and pricing. Living in close proximity to neighbors in an apartment building could lead to the development of long-lasting friendships and connections. 2. If you live in the city, a lot of time can be wasted searching for street parking. 1. Once you do that, you just might discover the overwhelming pros that apartment living can offer. If you have children, theyll likely meet playmates quickly and wont have to go far for playdates. Moving into a home can take a toll on your bank account. More affordable One of the main reasons why apartment tenants choose apartment living over single-family home living is the cost. Whether you're looking for life in Los Angeles, settling down in San Jose, or relaxing in Oakland, we can help. Communities typically have a six- or twelve-month lease but some offer more which is excellent flexibility. The most important benefit of living in an apartment is safety. Contact us today! Our apartment communities span from San Diego to San Francisco and the Pacific Northwest in some of the most sought-after locations on the West Coast. Deciding to buy a home is a dream for many, but you have to live somewhere while you prepare to make that dream come true. With limited space, it's much easier to prioritize. Apartments suit small families that seek more security and easier access to various amenities. Usually, apartment units are built close to several business centers such as offices, universities, and others. Because apartments are built compactly, they tend to cost less to heat during the winter, cool during the summer, and newer constructions often are built very energy efficient. According to Price Crossing, the average membership at a gym is $46 per month. 2 Advantages of On-Campus Living. There's a good chance you'll make friends with people when you see them every day and share a wall with them. Nowadays, when the price of the average house continues to increase, people are forced to downsize from a house to an apartment. When you live in a close-knit community, you share the friendships that blossom when living close to your neighbors. High investment. Although living in a house has many credits, there still exist some noteworthy debits. One of the biggest benefits to apartment living is property management. 6.3 Apartments are More Affordable. One of the biggest advantages of living with your parents is that you can save a lot more money. Surely you do not want to pile up things in a small place right? An apartment is an attractive living option, and we are giving you 10 benefits of living in an apartment. There is a usually a code to get into the building, CCTV cameras around the entrance, the ground floor and all around the apartments. The close proximity of neighbors is also a huge safety benefit. Whether youre a neat freak, borderline hoarder, or somewhere in the middle, living by yourself means you make your own rules when it comes to cleaning and organizing your living space. As mentioned, apartments built in urban centers are close to everything a renter needs: work, shopping, entertainment, restaurants and transportation. You can hang out by the swimming pool, take your kids to the playground and connect. This will include troubleshooting of problems, overseeing of daily maintenance, drawing up leases, and taking care of arrangements for lawn care and landscaping. From awesome amenities to hassle-free maintenance, apartment communities offer renters incredible value and a plethora of convenience for one monthly rent check. Houses are more suitable for people who want large living spaces in more private and quieter surroundings. It also means you dont have to share the bathroom or common areas or wait to use the washer/dryer (unless you live in an apartment complex with a shared laundry room). A large space with a garden and plenty of room to have families of our own. Typically, leases are six or twelve months. Also, maintenance expenses are generally lower due to responsibility generally falling to the landlord. 10. Here is a list of pros. When deciding whether to live in a house with a picket fence or an apartment, you are also selecting between two lifestyles: do-it-yourself or have-it-done-for you. Overall, apartments are perfect for anyone who wants a place to call home. The most serious dark side of these is having less security than living in an apartment. A decision of this magnitude requires clear thought and concise evaluation. As well as your own door, there will also be a main entrance with some form of security. When you share a space with roommates, the lines can start to blur on who owns what and whats off-limits. Unlike most single-family homes, the best apartment communities come with 24/7 video-surround surveillance coverage. Privacy Policy | Design by Engrain. All rights reserved. So, one of the benefits of living alone is you dont have to share your belongings with anyone. When considering the pros and cons of an apartment vs house, safety should always be a top priority. Mid-West Moving & Storage crews are licensed, bonded and background checked. The cozier space may also help keep feelings of loneliness at bay, especially if your apartment complex has amenities like clubhouses, fitness facilities, and shared workspaces to escape to for new scenery and other signs of life (but who wont leave the toilet seat up). Plus, apartment complexes are usually built near prime locations. Plus, its always good to have neighbors nearby who might catch any out-of-the-ordinary occurrences. Along with the financial benefits of living in an apartment comes the opportunity to save for your future. Onsite Conveniences However, apartment tenants who prefer a quiet setting may be offput by noisy neighbors. Advantages of living in an Apartment Great Location The area is the main thought with regards to purchasing a house, and it extraordinarily influences the cost of the property. However, some of these areas still lack proper connectivity and basic amenities. By clicking submit, you agree to Essexs Terms & Conditions, including Essex's Text Program Terms and Conditions. Back in 1561, an Italian playwright, Anton Francesco Grazzini, wrote a comedy that included the phrase, save for a rainy As the song lyrics go, its summertime and the living is easy! Essex does not discriminate in its housing based on race, color, religion, national origin, sex, familial status, disability, gender, gender identity, sexual orientation, or any other characteristic protected by law. Although homeowners often invest in some form of home security system, apartment complexes also invest in the. "Lack of structure inevitably leads to stress, as time flies by and you wonder what happened to your day. With close proximity to your neighbors and ample opportunity to spend time together, apartment living creates a closer community. Secondly, the living cost of living in a house is lower than in an apartment as they do not have to pay the monthly maintenance fee. Multi-unit dwellings are the safest locations for single women, children, families, and the elderly. 9. Safeguarding your personal property during the move is among our top priorities. Visitors will have an equally hard time. In general, there are 4 main apartment entrance styles - and not every apartment complex has each type. Its worth noting that living in an apartment may be a temporary move, especially for people who plan to buy a home. Easy Maintenance One of the top reasons to move into an apartment is the ease of maintenance. No matter what you need, there is a. You can still have some beautiful in-home gardens in your apartment but it won't be time-consuming and you will have free weekends. Independent Living vs. Senior Living. Experienced small-home dwellers know all about maximizing the space they do have. Which one sounds better to you? Increased safety features make apartment living perfect for those living alone, families with children, the elderly, or those who just want peace of mind. Many people choosing to live in an apartment dont necessarily have extra time for these maintenance duties, so having someone else to take care of these things is a major pro. Living in an apartment makes life easier. This makes changing up your seasonal decor or keeping up with the latest trends much easier. You dont have to worry about maintaining the yard or fixing stuff around the house. do not pop up in the vicinity soon after. Property Management. One thing most of us never seem to have enough of (besides money!) Also, if you are a renter, you will pay less if you rent an apartment than if you rent a house. So if you can't go horizontally, go vertically instead! When living in an apartment, you don't have to sacrifice the weekends to mow the lawn and weed the plants. Homeownership brings responsibility for all repairs, yard work, preventative maintenance, and the costs that go with it. While a big advantage is money-saving, small space living also lends itself to a number of decorating tricks and imaginative solutions that can turn even the tiniest of spaces into a stylish and practical abode. You can clean on your own schedule and by your own standards and wont feel guilty about leaving your breakfast dishes unwashed if you have to rush out the door. Prospective tenants can shop around for an apartment with a preferred square footage. * It has a smaller carbon footprint, because it sha. Combined with the security systems, a thief will have a hard time entering an apartment unit. The landlord and/or property manager will not only handle finding someone to make the repairs, but theyll pay for them too. Smaller space means smaller utility bills. In addition to your Have you considered entrance type as part of your apartment search? This can be accomplished with the perfect apartment location. Essex communities are equal housing opportunities. Tenants with pets also do not have the personal yard space where the dogs can freely run. Employ small-space decorating tips and tricks you haven't been able to use before, and have fun creating a home that really communicates your personality. However, check your lease for specific guidelines. You'll save on rent, utility bills, renovations, shared grocery bills, and a lot more. Low cost Living in an apartment can be much more financially profitable than living in a house, both for the rent and for the daily expenses related to your home. Additionally, lower levels can offer easier access to burglars and vandals . A lock-up garage keeps vehicles secure. Choose from bustling city life, quiet comfort in the suburbs, sun and sand at the beach, or outdoor adventures and a wide variety of on-site amenities and floor plans that span from studios to two-bedroom apartments to townhomes. In fact, apartment developers study the best locations based on how close they are to grocery stores, churches, parks, public transportation, and schools. In apartment communities, there are people of all age groups which makes apartment living the ideal place for developing friendships. Just make sure that you find the right one. Click here to browse properties for rent in the San Antonio area! Five reasons why you may want to buy a house vs. renting an apartment. 1. Clogged toilet or sink that wont drain properly? If you live in an apartment, it is certain that your daily needs are met. Our moving crews have relocated people to and from apartments, homes, dorms, retirement communities and condos. Whether youre thinking about downsizing or moving out on your own for the very first time, you should consider the renters lifestyle. Plus, they usually have relationships with responsive contractors who can take care of specialized needs. So you're ready to find your next rental unit in the dazzling city of Las Vegas. Type of Home: Single Family HomeTownhomeApartment/CondoOther, 1255 Tonne Road Elk Grove Village, IL 60007. The landlord and/or, Rent for an apartment often is less than a mortgage would be, as well as less than the cost of, A side bonus of apartment affordability is that you may be able to live in a higher socioeconomic area than you could afford if, If lowering your bills, building community, having access to amenities, or having a. Maybe not infrequently you see a lot of people investing in apartment properties. When you decide to move, choose Chicagolands most trusted moving service, Mid-West Moving & Storage. a swimming pool Count on Mid-West Moving & Storage, like countless satisfied customers have, and book your next move with us! And a bit of skilled shelf-styling goes a long way to make your shelving double as useful and decorative. So its important to consider why apartment living might be better for you than living in a house. One of the biggest benefits to apartment living is property management. For families with children, friendships can be formed quickly, and if play dates are set up, travel is likely just down the hall. Switching out small pieces like throw pillows, accents, and rugs also make a way bigger impact in a smaller space.
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