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
Should you rent a house or apartment?
Rent a house if: You like to flex your design muscles a little. When renting a house, landlords are more apt to allow you to repaint, change light fixtures, and make other relatively subtle changes to make the place seem more your own. It a level of flexibility apartment living doesn typically afford you.
What are the benefits of renting an apartment instead of buying?
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.
Is it cheaper to live in an apartment or a house?
Expenses ?Living in an apartment should be cheaper than a house. Not only will the rent often be more reasonable, but you are also paying for less room most of the time. You will need to spend less on utilities, which is frequently included in your monthly rent anyway.
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.