Should I Rent an Apartment or House Next?

Rental properties come in all shapes and sizes, but most spaces available on the market represent one of two primary subcategories: houses and apartments. If you’re in the market for a rental space, chances are you’ve come across plenty of great options, both houses and apartments. But is one better than the other? How are you supposed to choose?

The answer is not quite as black-and-white as it may seem. It depends a great deal on personal preference, and both options have their pros and cons. Let’s dig into the details so that you can make an informed decision on your next rental and select a space that aligns with your values.

Houses

There are plenty of pros to living in a house. For one thing, houses tend to be more spacious, and they offer a level of privacy that is simply unattainable in apartment living. This is perfect for families or couples who want to start their family. Houses are also typically less strict when it comes to pets. If you have a furry friend, be it cat or dog, you’re more likely to find a pet-friendly option if you decide on a house.

That being said, houses do have some potential cons to consider. First and most importantly for many, houses tend to cost more than apartments. The extra space is great, but it does come at a premium. Furthermore, houses tend to be located in neighborhoods and suburbs, set away from the action. Work, school, and even grocery shopping may require a bit of a drive.

Apartments

Apartments often have just as many benefits as houses. The lower cost is attractive to many potential renters, and apartments tend to be closer to local shopping and entertainment. Amenities are not always offered standard, but you have more chance of access to a pool or a gym than if you were to rent a house. Plus, maintenance is largely out of your hands, meaning that you don’t have to perform as much upkeep.

These benefits do come with some tradeoffs, however. Apartments are typically smaller, more ideal for single occupants or couples than large or growing families. And while your space is your own, you have to be mindful of those living in the surrounding apartments. Dogs and cats may or may not be allowed, but many landlords keep a tight leash on pet ownership.

Which One Will YOU Choose?

Houses and apartments have their benefits and their drawbacks. It’s up to you to decide which one better aligns with your lifestyle. Either way, you can’t go wrong!

Landlords and prospective renters can get more tips by following the Talley Properties blog. Contact us today!