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.