Depending on where you live,the demographics of your tenant pool will vary. If you want to make your property family-friendly,ahouseis your best bet. Apartments are usually smaller and work better for younger people (college students,single women,bachelors,groups of friends) with a tighter budget.
People also ask
Is it better to rent an apartment or buy a home?
Both renting an apartment and buying a home have advantages and disadvantages to consider. For both financial and personal reasons, you may discover that owning your own house outweighs the expenses.
Should you rent a single-family home or a rental property?
If you’ll be renting with several people, a single-family home might make good sense. However, if you’re renting alone or with just one other person, you should double-check your budget to make sure that you can handle the cost of renting the extra space.
What are the pros and cons of renting an apartment?
Cost You have to be budget conscious. Besides the costs savings provided by the general difference in square footage between the two, renting an apartment also means sparing your wallet the costs related to heating or cooling a larger space. Lawn care might not be covered in your rental agreement, further extending your expenses.
Should you rent or buy your first home?
Renting a house potentially gives you the chance to become a homeowner quicker. Potential to Sub-Let a Room ?if the landlord allows you to do it, you might want to consider renting a room in the house. Renting a room is an excellent opportunity to have someone contributing toward the monthly rent.