When deciding between living in a house or an apartment, many people decide to weigh the pros and cons. With all these different choices in places to live, it can be hard to decide. However, according to Pew Research, more people are now renting apartments instead of buying a home, realizing the many benefits of living in an apartment. Below, Contemporary Management Concepts, LLLP shares a few of the biggest advantages of renting an apartment in Orlando, FL!
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Renting an apartment means easy maintenance. Owning a home makes you responsible for repairs and maintenance, but when you live in an apartment, responsibility for a broken dishwasher or a leaky roof falls onto the apartment complex. The only thing you're responsible for is to call property maintenance when there's an issue.
Compared to the fees involved with owning a home and a mortgage payment, living in an apartment can save you money in the long run. Aside from not having to pay property taxes, HOA fees, and a down payment, renter's insurance for an apartment is a fraction of the cost of homeowner's insurance. Utility bills are also marginally cheaper.
Renting an apartment in Orlando puts you close to all the action of Orlando's vibrant city life. Living at one of our Orlando apartment complexes puts you within miles of Full Sail University and the University of Central Florida, perfect for students. For families, our apartments are nearby acclaimed schools, world-renowned vacation spots, and more!
Apartments that come with various amenities are hard to beat with everything you need conveniently at your door. Apartment complexes often offer a wide range of amenities that won't be found in many homes, such as clubhouses, playgrounds, and fitness centers. Although some amenities, such as a swimming pool, can be built on a house's property, the cost can get out of reach for many budgets.
When living at one of our apartments in Orlando, FL, at Summerlin At Winter Park, you can choose between a 7-month housing contract and a 12-month housing contract, giving you the freedom to move easily when you want. However, it becomes difficult to move once you have a home mortgage, plus there are additional worries, such as getting enough money out of your home to cover the remaining mortgage payments.