More than 109 million Americans live in rental property, which amounts to one third of the U.S. population. The majority of those renters live in apartments.
While some people have to live in an apartment for financial reasons, others choose apartment living because it suits their lifestyle.
So, what does an apartment have to offer that a detached single-family home might not?
Whether you live in an apartment by choice or by necessity, there are a ton of positive benefits of living in an apartment. Read on to learn about the advantages of renting an apartment.
1. Low Maintenance
One of the best things about living in an apartment is the low maintenance lifestyle. You won’t have to mow the lawn, weed the flower beds, or shovel snow. You can just enjoy your well-maintained surroundings for the cost of your rent.
Plus, if an expensive appliance breaks down (like a furnace or oven) your landlord will handle the issue. They’ll also cover the cost of replacing and installing the unit, which will also save you money.
2. Shorter Commitment
Since most mortgage terms are between 15 and 30 years, buying a house is a major commitment. In contrast, most apartment leases are only one year long. Some landlords even offer six or nine-month leases for more flexibility.
Living in an apartment makes it easy to relocate. If your job changes or you need to move for family reasons, you won’t have to worry about selling your house first.
3. Great Amenities
Many modern apartments also come with great amenities like swimming pools, fitness centers, coffee shops, and more. You’ll get access to these amenities when you’re a tenant.
Apartment living is also an easy way to be within walking distance to the restaurants, museums, and nightlife that cities have to offer. If you’re looking in the Washington, D.C. area, Daroapartments.com offers updated apartments in popular neighborhoods.
4. Sense of Community
In an apartment building, there’s more potential for interaction with your neighbors than there might be in a neighborhood. That means you’ll have more chances to make a connection and form friendships.
You could strike up a conversation with a neighbor by the pool, at the fitness center, or even at the mailbox. When it comes to making friends at an apartment complex, the possibilities are endless.
Plus, you’ll feel more secure when there are neighbors you know and trust right next door.
5. Minimalist Lifestyle
Some people might consider an apartment’s limited storage a negative, but it’s actually a good thing. It’s your chance to live a less cluttered life and only keep the things you cherish.
You’ll learn how to do more mindful shopping and donate the items you don’t want. Plus, moving will be easier and less expensive when you have fewer possessions.
Is Living in an Apartment Right for You?
Many Americans dream of owning their own home, but living in an apartment has a lot of great benefits. You’ll have less maintenance to worry about, access to great amenities, feel a sense of community, and much more.
For more home inspiration, check out the articles in our lifestyle category.