Should I Rent a House or an Apartment?

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The thought of searching for a new place to live can be both exhilarating and terrifying. Checking out all the different floor plans and planning design schemes can be a lot of fun, especially if you’re moving into your own place for the first time, but the list of important details to consider can also be more than a little daunting.

One of the first things to decide is whether you want to rent an apartment or a house. Each one has advantages and disadvantages, and your lifestyle, space needs, privacy preferences and budget all need to factor significantly into your decision. Of course, every rental home and apartment complex is different — houses, in particular, may have special rules mandated by the owner — but this guide is a great starting point for learning the main points you need to consider before signing a lease on any rental.