Deciding on the kind of residential rental property for you and your family can be a daunting task.
There are many factors to put into consideration before reaching a decision. You will have to decide on the perfect rental property for you.
Both choices, either houses or apartments, are bound to other variables such as budget, and flexibility, among others.
Having said that, whether you choose to rent a house over 1 bed, 2 beds or 3 beds apartment, or the reverse, you’ll be met with both pros and cons.
Apartments vs.
Houses for Rent in Keego Harbor, MI
While there are many things to consider when choosing a rental property, the major factor that should influence your choice is how much you are willing to spend.
As opposed to rushing to make quick decisions, it is ideal to understand the pros and cons of each choice.
Neighboring West Bloomfield, Keego Harbor lies along Cass Lake, and is a part of an area of Oakland County renowned for its many lakes, ponds, real estate property, and streams.
The beautiful scenery of Cass Lake will easily convince someone to move nearby. Many years back, Cass Lake drew many wealthy residents to purchase property along the lake for vacation.
Cities near Keego Harbor include; Pontiac, MI, Waterford, MI, and Farmington Hills. Also traveling between cities near Keego Harbor is very easy.
If you are looking to settle in Keego Harbor, you should know all details about the house you choose before moving in.
Pros of Renting a House
Here are some perks of renting a house in Keego Harbor, MI:
More Flexibility and Freedom
Renting a house gives you more flexibility and freedom as a tenant. If you are on a month-to-month lease you can make a quick decision to move out, without incurring any costs.
In contrast, you are likely to incur costs for breaking a lease when renting an apartment.
No Responsibility to Maintain the Rented Area
If you rent a house, you bear no responsibility to maintain the rented area. You can tell your landlord, and he or she will do all the repairs and maintenance for you.
Equally, as a unit renter, you bear little to no cost in maintenance.
Also, if you travel frequently, renting a house or unit will be the right choice, as you won’t have to burden yourself with the responsibility of maintaining the property.
You Get Privacy
The best thing about renting a house is the aspect of privacy accorded.
My It is unlikely that you will get the deserved privacy if you live in a unit. Most often, the shared wall and balcony won’t give you as much satisfaction as you would want.
Cons of Renting a House
Even though you’ll enjoy some benefits from renting a house, there are also downsides of it, which might make your living experience a nightmare.
You Cannot Make Changes
When renting a house, it is unlikely you’ll get approval to customize the house to your taste.
Most landlords stand against such, as a way of protecting the value of their property. So, if you are planning to upgrade the home, don’t raise your hopes.
Rent Increase at Anytime
The landlord can increase the rent at any time, and you’ll have little to no choice to comply or vacate the property.
It is unlikely for rent to be altered when renting a unit, especially if your lease is a little longer.
You Can Get Evicted Anytime
Your landlord can put up the property for sale anytime to make a profit, especially if the real estate value increases.
As such, you will be left with no choice other than to vacate.
Pros of Renting an Apartment
Renting an apartment in Keego Harbor can be ideal, especially if you are working and you move around frequently.
Here are some of the pros of renting a unit in Keego Harbor, MI:
Accessibility
One of the best things about renting this type of property is being in close proximity to almost everything you need.
Considering the financial advantages of renting, and the many underlying benefits of doing so, unit rentals are perfect for anyone who wants a place to call home.
More Flexibility as to Where to Live
Renters can live practically anywhere, or on any property. It is unlikely that you will find an affordable house with the same proximity to amenities, like in the case of units.
You will find apartments for rent closer to the city and possibly within a walking distance to your working place.
Community
Another great benefit of renting a unit over a house is the aspect of social engagement.
The close proximity of unit life provides an excellent atmosphere for creating lifelong connections.
Often, you will share amenities such as a swimming pool, fitness center, and spas. This is unlike renting a house, where you spend the most time within your backyard with the family.
Safety of Rental Property
The close proximity of neighbors makes the residential rental property the safest location for single women, children, families, and the elderly.
Affordability
Without a doubt, the number one benefit of living in a unit is the financial aspect of renting.
Generally, rent is cheaper than a mortgage, or even renting a house, for that matter.
Cons of Renting Apartments
Small Spaces
You will have to get used to a smaller living space, compared to houses for rent. You have limited space for storage, along with the rooms being smaller than what you might find in a house. You will have to get used to making the most out of smaller spaces.
Loud Neighbors
The fact that you are living in close quarters makes you vulnerable to noise from your neighbors, whether you like it or not. If the walls are thin, even a quiet neighbor can sound like they’re causing a total racket.
Before you choose any rental property, check the reviews of other tenants. It is wise to know such details before moving into the neighborhood.
Parking Can Be Problematic
Parking can be a real problem, especially if you live in an older rental property that was built before so many people owned cars. In some rental properties, you can be allowed one or two parking spaces, even though you may need more than two.
Verdict
Comparing the pros and cons between renting a house and an apartment, we can ultimately conclude that apartments are the better option.
While hunting for a rental property, it is wise to use Map Data 2021 to check details of house listings near the location of your choice and save search. Via save search, you can be able to track the list of rental properties.
If you have a bigger family it is wise to find a bigger rental property, let’s say a 2 beds, or even 3 beds, unit.
