If you're trying to decide between renting a condo or an apartment, the differences between the two can be confusing. Learning more about what separates these two home choices can help you make a better

Condo vs apartment? Which should you choose? Learn about the difference between condos and apartments and which is a better fit for your needs.

There is a LOT that goes into renting a unit or home. I thought I’d share a list of what we do to prepare for listing our property and ultimately renting! Here we go…

Ready to leave apartment living behind, but not quite ready for the responsibility of a yard and more than 1,800 square feet of interior maintenance? A condo gives you all of the perks of homeownership but without all the tasks that come with caring for a single-family home—like raking leaves, mowing the lawn, or cleaning the gutters.

Standard hotel rooms just don't work for many families. That's where weekly timeshare rentals come into play. For less than the cost of a hotel room you can rent an entire condo.

What to Know About Renting Condos vs. Apartments Does renting an apartment versus renting a condo make such a big difference? Is it a matter worth investing your time and analyze it? We would say the two variants differ very much in so many aspects. There can be an obvious difference in rental fees, to which we also add some variations of ownership, maintenance, utilities, etc. Before renting one or the other, you need to weigh your options well and decide which choice suits your needs and desires. We'll be taking an in-depth looking at comparing the condo vs. apartment housing selection so you can make the best choice for your life circumstances. Maximum Real Estate Exposure has some vital things for consideration, so make sure you check out the helpful resource. What is the Actual Difference? So what differentiates an apartment from a condominium? It is a matter of ownership. The condominium belongs to a private person. It is a home that can be within an apartment-style building or more separate. The private owner lends this condo to another private individual. Thus the owner becomes your landlord. The same can be said when renting a townhouse. In the case of an apartment, this is the same type of space within an apartment building, which belongs to a company or investor that rents all the spaces in this place. Condos’ Management Fees When renting a condo, you will also have access to the facilities within the building where other private individuals are owners or simply rent spaces. Among the facilities, there might be laundry spaces, underground storage spaces, terraces, gyms. As each condo has a different owner, the mutual issues and decisions are managed through a Homeowners’ Association (HOA). There is an elected president as well as other decision factors, plus periodical meetings. They decide about changes to be made to the common spaces, repair any outstanding issues, common utilities, hire housekeeping for the common spaces, etc. These monthly expenses are divided between the condo owners, and there is also a monthly HOA fee. Usually, the HOA fees are paid by the condominium or townhouse owner. The utilities can be paid by either the landlord or the tenant. Even though you will not directly become part of the HOA, you will need to follow all its rules. Apartment Fees Unlike the condo, the apartment typically belongs to a business entity run by a management company or real estate firm. You will still pay the rental fee and the utilities each month. These extra fees include running water, gas, electricity, internet, cable. When applying for a rental, it is essential to get down pat who will be paying what to have a handle on your expenses. Home Layout and Arrangement In an apartment building owned by a real estate or management company, quite often much all rental spaces are the same. They offer standardized renting areas divided into similar spaces and with similar basic utilities and furniture, if any. In the case of condos, you will discover more differences between one condo and another one in the same building. There is nothing standard here. Each condo has its own story and history. It is a very private space with a strong print of its owner’s personality. It could have numerous custom upgrades made by the owner when it was built. Benefits of Renting a Condo Due to their private ownership, a condo brings along several interesting specificities. Condos are very well kept. The owner is involved in interior design and upgrades to all rooms to raise the rental value. Usually, condos are well equipped with the latest technology and home appliances. The rental price may be negotiated directly. There are big chances to get to a much advantageous rental fee than the original price. In time you create a personal relationship with your landlord. You will do more than simply paying rent. You become directly involved in the condo’s wellbeing, so this is a relationship that goes beyond just money. In some situations, condos can offer quite a lot of facilities, besides the living space. As we said before, there might be a gym, an interior garden, or terrace, etc. Though they are considered more expensive than apartments, the reality of the rental market is different. Usually, condominium rental prices are at a similar level, so they are a competitive option. Condo Disadvantages Here are some disadvantages that renting a condo brings along: The landlord might not be experienced or good at managing the rental relationship. Some of the issues and malfunctions in the condo could take longer to solve. As we explained before, the difference between apartments and condos is in the existence of HOA fees. This could add to your rent if the landlord is not footing the bill. This issue and the exact extra amount, plus any future repairing expenses, need to be discussed and cleared with the landlord before signing the rental contract. Apartment Benefits This what you gain if you decide to rent an apartment. You benefit from easy and professional management. Any trouble you might have, you can immediately contact the rental agency and take care of it as soon as possible. All the utilities are well taken care of. The management provides trash dumping services, repairs, upgrades, etc. Rent payments are easy. They do not involve direct contact with any representative from the agency. You benefit from secure online payment services; The rent includes access to facilities such as laundry spaces, gyms, swimming pools, or even more so if you rent apartments in a luxury neighborhood. Apartment Disadvantages The area of an apartment is most times smaller than that of a condo. You get standard contracts and prices. There is no much room to negotiate or personalize anything. You don’t get to renovate much or make changes in the interior design, as you might find it suitable for your personality. Also, the owner agency will not bring in upgraded appliances or other special utilities upon your request; Many agencies do not allow pets in their apartments. So, if you own at least one, it might be more difficult to rent an apartment. They might even have policies that restrict only certain breeds or sizes. Being smaller than condos, apartments are not a good match for large dogs. Which is Better a Condo or Apartment? The answer, in this case, can only be a personalized one. Nobody can draw a definitive line and declare a winner. As you could see, there are many pros and cons both for apartments and condos. The only solution when deciding to rent an apartment or a condo is to draft an actual list. Write down all the important elements that you are searching for in your future home. Eliminate all variants that do not correspond to this list, and afterward, you will discover the most appropriate variant that money can buy. Hopefully, you have found this comparison between a condo and an apartment useful to decide on your next rental.

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If you're trying to decide between renting a condo or an apartment, the differences between the two can be confusing. Learning more about what separates these two home choices can help you make a better

Standard hotel rooms just don't work for many families. That's where weekly timeshare rentals come into play. For less than the cost of a hotel room you can rent an entire condo.

Condo vs. apartment - which one is the best fit for you? Find out the aspects that you need to consider when making this choice.

Here are 6 reasons to choose a hotel over airbnb.

Since we're getting ready to rent out our home as an Airbnb, I want to share what I buy to get it fully stocked. Read on for my Airbnb shopping list

So you're finally moving. Congrats! Here are 14 questions to ask before renting an apartment to give you insight into a property.

When love meets real estate: A tale of equity, earnings, and a condo in the city's prime location! 🏙️💔

See all 1 bedroom apartments, condos, houses and basements for rent in Toronto, ON. Search our property map to browse all one bedroom rentals and then contact the landlord to schedule a appointment to view the rental property.

622 Janisch Rd house in Houston,TX, is available for rent. This house rental unit is available on Apartments.com, starting at $2600 monthly.

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