Townhome Versus Apartment: Benefits And Drawbacks Of Townhome Rental

If you are planning on renting an apartment but want to have enough space for your family, you may want to consider renting a townhome instead. You will still be a renter without the responsibility of owning a home, but you'll be able to get that "home" feel that a townhome provides. There are some benefits and drawbacks to renting a townhome, so it is important to carefully weigh all the options in order to make an informed decision that will best fit your family's needs:

Benefit—Extra Space

In most cases, a townhome will provide you with much more space than an apartment. This will provide you with a place to live that will feel much more like a house. In addition, many townhomes are multiple levels, with adequate attic space and upper-floor bedrooms. However, be prepared to take care of this extra space. More square footage means more cleaning, higher heating and cooling bills, and more water usage. If you choose a townhome with vaulted ceilings, you will also need to learn how to properly dust and clean them if you are used to standard ceilings.

Drawback- Additional Expenses

In addition to higher utility bills, the cost of renting a townhome can be higher than the cost of renting an apartment. Consider your budget and whether or not the expense is worth it to you. You could be using the extra money to pay down debt or start a college fund. 

Benefit- Privacy

A townhome is much more private than an apartment. You'll only have next-door neighbors, instead of upstairs and/or downstairs neighbors. You will also have a yard for the children to play in and room to entertain friends and family members.

Drawback- More Restrictions

In some cases, renting from a single landlord can be more restrictive than renting from an apartment facility. These restrictions often come from the maintenance standpoint. You will be expected to handle much of your maintenance issues, including lawn work and basic repairs. There may also be restrictions on adding things to walls and closets, including shelving and picture frames. If the landlords do not want you to place holes in the walls, you will need to comply and figure out other ways to decorate.

When making a decision on a home rental, it is important to think about all of these benefits and drawbacks so that you go with the best choice for your family. If you have children, a townhome may be the ideal option as long as you are prepared for the responsibilities that come along with it.

For information on both homes and townhomes for rent, contact a company like CJ Real Estate, Inc.