There is a long-standing debate about the merits of renting vs. buying and the benefits and costs associated. However, these days, more people are renting than they have in a very long time, and they are often faced with the choice not between renting an apartment or buying a house but between renting an apartment or renting a home. If either of these is your choice, you should know that apartment living has several significant benefits. Let’s look at five great reasons to choose apartment living today.
A Cost-Effective Approach
Generally speaking, the cost of an apartment is often less than that of a home once you consider all the additional fees. If you buy a home, you must also pay for other expenses, including property tax (and possibly ground rent), HOA fees, taxes, and insurance. If you rent a house, many of these fees might be passed onto you in the form of higher rents. Even if you’re only considering insurance, renters insurance for an apartment is typically less than for a whole house and less than homeowners insurance. Utilities often also cost less in an apartment.
Maintenance is typically more straightforward and quicker to care for in an apartment than in a home. If you rent a home, you’ll have to wait for the owner to reply. If you own the house, that maintenance is on you. As an apartment renter, there is usually a 24-hour service to deal with maintenance issues large and small.
Apartments Offer Amenities
Apartments typically include amenities that you may not be able to get when you rent or buy a home, such as fitness centers, pools, and community spaces. While these amenities aren’t guaranteed, they are usually unavailable at a single-family home unless you pay extra for memberships.
Apartments Offer Security
Apartment complexes are more secure than houses since there is often security on sight, or at least the added security of an additional entrance. Apartments usually also have extra security features like fences and cameras.
Let Us Be Your Apartment Home!
Whether you need your very first apartment home or are relocating to the area, Apartments of Harborside Village would love to be your dream apartment home. Are you looking for beautiful waterfront apartments in Joppa, Maryland? Let us show you one of our spacious and affordable apartments at the Apartments of Harborside Village. To learn more about our residence options, visit us online, give us a call at 410-679-1130, or email us. For a peek into what it’s like to live in our community, follow us on Facebook, Twitter, Pinterest, and YouTube.