Apr
18

6 Benefits of Renting an Apartment

benefits of renting

The benefits of renting an apartment are many. As you begin your search for that perfect place to call home, one of the first decisions you must make is whether you are going to rent an apartment or buy a home.

Here are six benefits of renting an apartment:

 

Benefit #1: You’re not locked in to a mortgage.

Renting gives you flexibility. You may have a lease, but you won’t have a property to sell should you decide to take a new job opportunity out of state or spend a year backpacking in Europe.

 

Benefit #2: There’s less expense upfront.

When you buy a home, you’ll need money for a down payment, a home inspection, a home appraisal and closing fees. And you’ll have to tack on property taxes and homeowners insurance to your actual mortgage payment. For many, college loans, credit card debit, or just a tight monthly budget makes buying a home hard to justify. Renting can provide you with the amenities you want, without the heavy up-front fees that owning a home requires.

 

Benefit #3: No grass to mow or snow to shovel.

In most apartments, these chores fall into the landlord’s area of responsibility. So you won’t have to incur the expense of a lawnmower, or get up extra early during those cold winter months to shovel your driveway before leaving for work.

 

Benefit #4: Unless you break it, you’re not responsible for maintenance or repairs.

If your roof leaks, the dishwasher floods, or the air conditioning is blowing hot air, it’s the responsibility of your landlord to repair.

 

Benefit #5: Comfortable amenities included

Some apartment communities have their own washer and dryer, a community room, an exercise facility or a pool for its members to use. And if you’re just starting out, renting an apartment can get you some of the nice “extras” you may not be able to afford to buy in your first house, such as granite countertops, crown molding or nine-foot ceilings.

 

Benefit #6: There’s always something to do. If you are interested in meeting people or having activities to participate in, many apartment communities host social programs, events, and entertainment options for their members.

 

Edwards Communities offers upscale rental communities for whatever stage of your life you are in. Our onsite amenities, like a 24-hour fitness room, resort-style pool, and theater room, saves you on country club memberships, because everything you could need or want are just a few steps from your door.

Many of our communities include exclusive membership to a private club that provides additional activities and nightly entertainment.

If you’re interested in renting now or at some point in the future, we’d love to hear from you. Contact Edwards Communities today to learn about the amenities we offer, or to schedule a tour of one of our beautiful communities.