Buy a home used to be the American dream, but increasingly people in the United States are finding apartment living to be just as rewarding, and far easier in many ways than owning a house. If you are trying to decide between house and apartment, read on to learn some of the advantages of apartment rental.
- Apartments allow for a lifestyle of frequent moves. If you are the sort of person or family that needs to move regularly, one of the great advantages of moving into an apartment is the ease of signing, moving in, and then moving out again if you need to. Of those who rent in America, 33% move every year. The average American will end up moving about 12 times during their life, so this is an important consideration for everyone.
- Renting an apartment makes room for changing financial situations. We don’t usually like to think about it much, but the reality is that people lose jobs, take pay cuts, or have unexpected financial demands that can mean there’s a lot less money coming in. Owning a home is a financial commitment for the long haul, so it’s wise to very sure of your financial situation before ever considering buying a home. When you rent, you are in a lot more flexible situation.
- There are often great planned amenities that go along with the property. As furnished apartment, luxury apartment, and townhome life become more popular, master planned communities are being built with planned amenities that people want right included from the outset. In fact, some planned amenities, like golf courses and pools, are so common that developments are increasingly looking for ways to stand out from the crowd. From coffee shops to free bikes, paddleboarding to biking and hiking trails, the options these days are nearly endless.
- Renting takes away the stress of upkeep and maintenance. No one wants the septic system to clog up. No one wants the garbage disposal to die or mold to get into the walls. It can be ruinously expensive to replace a roof, and if you live in an area with snow you may feel you’re spending your whole life removing snow from shared sidewalks and street corners. If you rent, though, you don’t have any of these issues.
From planned amenities to ease of moving, renting can be a great option for the modern, busy family. Never worry about who has to clean the gutters and allow yourself freedom and flexibility financially by looking into rental properties today.
