Apartments/Houses Based on
their needs, many people decide on renting their housing instead of owning.
Rental housing can range from duplexes and single-family houses to large
high- rise apartments. Importantly, there are numerous rental options:
- Townhouses are two story apartments with the bedrooms
- Garden apartments are usually built in groups of four
units and can be one or two story dwellings.
- Efficiency apartments are usually one-room apartments
that are limited in space.
The cost of renting can vary widely. For instance, a two
bedroom garden apartment may rent for $800 on one side of town and $500
elsewhere. Leasing contracts usually range from 6 months to two year,
and all maintenance requirements are generally handled by the landlord.
When renting, the property needs to be well maintained or you risk losing
your security deposit. Also, excessive damage may have a negative impact
on your renter's history when you try renting somewhere else.
When renting property it is important that the management
company be responsive to your request. Remember your rent entitles you
to timely service and a well maintained property.