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Types of Rentals

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
  • Lack of privacy
  • Noisy
  • Often no enclosed parking
  • Very often, no pets are allowed
  • Limited storage

Townhouses/Condominiums

Duplexes and fourplexes might be considered in this category. A complex may have as many as 40 or more units.

Advantages: Disadvantages:
  • Yard space and garage
  • Internal laundry capability
  • More privacy than apartments
  • More likely to allow pets
  • Appliances may be needed (washer/dryer/refrigerator)
  • Usually cost more than apartment

Single Family Homes

Single family homes can range in size from two bedrooms with one bath to estate-sized mansions.

Advantages: Disadvantages:
  • Privacy, yard space, and garages
  • More likely to accept pets
  • Tenant usually responsible for yard maintenance
  • Most expensive cost per square foot of living space
  • Requires the most individual effort to find



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