The place you choose to call home will inevitably have a large impact on your life. While both renting and owning come with their own benefits, it’s important to consider why renting an apartment may just be the best choice.
The biggest difference between living in a house and living in an apartment is that when you live in an apartment, you don’t have to worry about a lot of things. Even if you rent a house, you are likely still responsible for the yard work and other day-to-day upkeep.
No Yard Work, Ever
Do you have a desire to mow the lawn, pull weeds from the garden, and perform other landscaping duties? No? Then apartment living is for you! When you live in an apartment, a team of landscaping and lawncare professionals handles all the hard work; all you need to do is enjoy the beautiful flowers and lush grass.
Maintenance Without Worries
A great property management team will pride themselves on fixing any maintenance issues in a timely fashion and getting them fixed the right way. All at no extra cost to you, the tenant. If anything needs fixing in your apartment, maintenance is just a call away, and you won’t have to worry about anything. Many apartment communities even offer a 24/7 maintenance hotline.
In contrast, when you own a home, you are fully responsible for all of the maintenance and repairs, which over time, can become quite costly. You either have to know how to fix it yourself or hire specialized contractors, which can be very expensive.
No More Snow Removal
One of the biggest perks of apartment living in a place with cold winters is that you don’t have to deal with snow removal. Instead, you get to stay warm inside your cozy apartment while someone else takes care of all the snow removal. Often apartment communities will offer heated parking, which is a huge bonus as you will no longer have to waste your gas warming up your car on those freezing cold mornings before work. However, if you live in a house, you will be the person outside shoveling the driveway and sidewalks in the morning before work.
A Sense Of Community
Many apartment buildings foster a close-knit community of their residents. This is just one of the many perks of apartment living. You will get to know new people and might even forge life-long friendships. You will also be able to enjoy community amenities that are often not found in homes, at least not in any affordable homes.
Most apartment communities are in great locations close to shopping, dining, and entertainment. When you live in an apartment, you put yourself in the middle of the fun! No more driving a half-hour to get to your favorite restaurant or store. Your apartment’s location is sure to be a huge benefit to you and your lifestyle.
The average apartment lease is one year. The average mortgage is 30 years. If you aren’t sure you want to be staying in the same place for the next 30 years, then renting an apartment is probably the best choice for you. Even if you decide to sell a house and move, it can be a drawn-out and expensive process, not to mention quite stressful. On the other hand, moving in and out of an apartment is quite easy and stress-free.
The lower costs associated with apartment living are probably the biggest perk to renting an apartment rather than buying a home. When you rent an apartment, you pay your rent, security deposit, pet fees if applicable, and usually some utilities. When you own a home, you are responsible for the mortgage payment, taxes, maintenance, utilities, and so much more. When you decide to sell your home, you will incur many more costs, often in the thousands of dollars. Renting an apartment is the way to go if you want to have less financial stress in your life.
The Many Benefits Of Apartment Living
Living in an apartment community comes with many benefits, including less financial stress, being a part of a great community, and not having to worry about many things that homeowners have to.