What’s the Difference Between an Apartment and a Condo?

admin April 4, 2021

As you’re looking for a new apartment for rent, it’s helpful to know the differences between rental types, such as the differences between a condo for rent and an apartment for rent. What’s a condo, you ask? And in what ways is it different from an apartment? We’re here to explain the key differences between renting one from the other. What Is an Apartment For Rent? An apartment for rent is a standard rental property that’s usually owned and managed by a property management company. It is located in a residential building, complex, or community. In said locations, all apartments for rent will be the same, or follow a similar floor plan and design. A property manager and several leasing agents work in the leasing office to assist current and future residents at the front of the community or in the lobby of the complex. What Is a Condo For