Apartments
Multi-residential units range from two- and three-story buildings to high-rise apartment buildings. Apartment size varies from studios to three-bedroom/two-bath apartments.
Advantages: |
Disadvantages: |
- Lowest cost per square foot of living space
- No maintenance responsibilities
- No personal appliances needed (occasionally a refrigerator is required)
- Recreational/social activities are often available on-site
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- Lack of privacy
- Noisy
- Often exposed parking
- Very often, no pets
- Limited storage space
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Townhouses/Condominiums
A complex may have as many as 40 or more units. Duplexes and fourplexes are considered to be in this category.
Advantages: |
Disadvantages: |
- Yard space and garage
- Internal laundry capability
- More privacy than apartments
- More likely to allow pets
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- Appliances may be needed (washer/dryer/refrigerator)
- Usually more expensive than an apartment
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Single Family Homes
Single-family homes can range in size from two bedrooms with one bath to estate-size mansions.
Advantages: |
Disadvantages: |
- Privacy, yard space, and garage(s)
- Most likely to accept pets
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- Tenant usually responsible for yard maintenance
- Most expensive cost per square foot of living space
- Requires the most effort to locate
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