Did you know that about 20 percent of Americans live in an apartment or condo? Further, approximately eight percent of the population prefers owning an apartment rather than a single-family home.
Of course, apartment dwelling is more common in urban areas. But, there are plenty of benefits to living in an apartment, no matter where you reside!
In this post, we’ll take a look at some of the most common types of apartments on the market. So if you are considering moving into an apartment, keep reading to find out which apartment style is right for you!
1. Studio Apartments
Studio apartments have an open floor plan, meaning they only have one room. Usually, the kitchen, bedroom, and living room are all in the same space. However, there is a separate and complete bathroom.
Of course, you can find different studios, such as a convertible studio with sliding doors that close off the bedroom.
2. Micro-Apartments
Are you searching for a small and cozy apartment? If so, a micro-apartment is a perfect choice for you!
Most often, micro-apartments are in highly populated areas where the rent prices are high. Therefore, they are no larger than 350 square feet but maximize this space to include a small kitchen, convertible bedroom in the living room, and smart storage.
3. Duplexes and Triplexes
If you have a family, some of the best apartments you could find are duplexes or triplexes, depending on the number of floors. These apartments are larger because they are two or three units combined into one.
Usually, these apartments have multiple bedrooms and bathrooms but are more expensive.
4. Walk-Ups
Apartments in buildings without elevators are called walk-ups. They are usually cheaper because fewer tenants want to live in them. But, if you don’t mind taking the stairs, you can probably get a great deal!
5. Garden Apartment
Garden apartments are on the ground floor of an apartment building, giving them access to a private space outside. This is a great compromise for someone who wants to live in an apartment without giving up green spaces.
Of course, you’ll want to ensure your garden apartment is in a secure area and doesn’t have any pests since these are common issues.
6. Luxury Apartments
If you’ve made an apartment checklist with everything you want out of your new home, you’ll want to consider a luxury apartment. They usually have all the amenities your heart desires, such as:
- On-site gym and spa
- Swimming pool
- Concierge
- Walk-in closets
- Great views
Of course, all these features will bump up the sale price, meaning that you’ll need to spend a pretty penny to purchase a luxury apartment. But, if you have the budget, have a look at these types of residences!
Which types of apartments do you prefer?
After looking at the most common types of apartments, you likely have a better idea of which is best for your lifestyle and budget. So, get to work and start browsing online listings in your area!
Would you like to learn more tips and tricks for the smart homeowner? If so, browse more articles on our website that will guide you through your journey as a first time apartment buyer!