HAA Blog
Top Reasons to Rent
Posted by Government Affairs
on Thursday, September 16, 2010
We've noticed lots of stories lately in the news about Renting v. Owning. While everyone must make a decision based on his or her circumstances and needs, here are reasons why renting in Houston is a great idea!
Houston’s apartment industry puts quality rental housing within reach.
o More than one million Houstonians, or nearly 50 percent of Houston’s population live in apartments.
o The Houston area is home to more than 6,100 apartment properties.
Apartment living offers flexible housing options to renters – they can select from a wide range of price points, locations, sizes and styles.
o 250,000 units are for rent in the Houston area for an average of $750 per month or less.
o A major benefit of renting is that monthly payments are fixed for the term of a lease, and renters can rest assured that they will not be paying any hidden costs of home ownership, such as landscaping and maintenance.
It is easy to find a good location.
o Renters can live in or near particular geographic area – work, school district, medical facility, particular neighborhood, etc.
o Renters can find apartments closer to work or school for shorter commutes, which can help save on the costs of gasoline and/or allow for use of mass transit.
o Renters can find apartments close to parks, green space, entertainment venues, playgrounds, etc.
o Renters can have easier access to affordable, quality schools, areas, etc.
o It is easier to for renters to relocate, since no house sale is involved.
Renters have options of living styles.
o Select from garden style, mid-rise, high-rise, lofts, etc.
o There are numerous size options – number of bedrooms, size of kitchen, etc. If an individual needs to downsize due to a life change or economic factors they may be able to do so in the same community where they already feel at home.
Apartment living provides a social environment and networking for residents, which can be helpful in these difficult economic times as families seek ways to cut costs.
o Community activities may be tailored to residents’ interests such as cooking classes, health/yoga, game night for seniors, book clubs, blood drives/health checks, and community meals or cookouts.
o Many apartment communities provide numerous amenities, including: pools, fitness centers, game rooms and theaters.