The Benefits of Renting a Privately-Owned Home

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The Benefits of Renting a Privately-Owned Home

Staff Writer · Feb 16, 2010

Renting a privately owned home carries many benefits that are superior to renting apartments and other multi-family units. If you have the choice between renting a home and renting an apartment, and the rent payment the homeowner wants is affordable, then you should rent the privately owned home. Here are just a few reasons why:

Back Yard Use

A patio or balcony in an apartment is not the same as having access to a backyard. If you have children, you’ll cherish a back yard, because they can have room to play and explore without having to go the park all the time. Many landlords may grant you permission to plant a garden directly in a small area in the yard, which is only possible to do as a renter if you rent a privately owned home. Even if your landlord doesn’t want you to rip up the lawn, you can always grow a container garden, and you’ll have more room with a back yard.

Less Noise

Your privacy is limited when you rent a unit in an apartment building, duplex or any unit with other tenants in the same building. No matter how insulated the apartment is, some noise does travel. Even the occasional noise from neighbors above, underneath or next door is a reminder that you don’t have the privacy you would if you lived in a privately owned home. You’re not completely shielded from noise just because you live in a home, because you could live next door to extremely noisy neighbors or in a rural community near farm animals. However, noise from a distance is different from noise coming through the wall.

More Storage Space

A privately owned home often has more space for storage than a typical apartment. Even when storage is offered at an apartment building, you have to pay extra. Avoid this by renting a home. You may be able to store items in the attic, a basement or a garage. Even if none of these spaces are options for storage, the home may have more cabinets and other fixtures than an apartment.

Reduce Utility Bills

When you rent in an apartment building or unit where the water heater is shared between tenants, you’re not able to adjust the water heater temperature as you see fit. If you could lower it to 120 degrees Fahrenheit, it would make a difference in your utility bills. You can do this if you rent a privately owned home. It eliminates the concern that other tenants may not want to make that change, and you can adjust the temperature yourself.

The process of finding a privately owned home is the same as other apartment hunting strategies. Keep your eye out for good deals on rental prices as you do your search. Perhaps the benefits described above will persuade you to choose to rent a home if one becomes available.

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