An amenity is a feature or facility in apartments, offered by property owners to their renters that make life more simple, luxurious or accessible.
Amenities can take several forms, but they always benefit residents. In short, an amenity is something that enhances a rental — and usually enhances the price, too. It's what makes apartment living luxurious.
Amenities certainly increase the cost of renting, but you might be wondering — how much? Unfortunately, there isn't always a singular, flat fee associated, so it can be hard to tell.
For example, an apartment community offering a business center will not cause increased rent in the same way that an apartment community offering a weekly cleaning service would. However, most of the time, amenities are bundled together with the rental charges and are not charged as a separate fee on top of rent. Occasionally, though, complexes will have you pay a one-time or monthly amenity fee that covers all the extras. Make sure you ask the property owner upfront before signing any dotted line.
Because of the wide range of extras offered at rental properties, you might not know exactly what you're looking for. Here are some of the most common and basic amenities to help you get a good idea of what to explore to enhance your physical and material comfort within your apartment space:
Today, apartments are offering an array of unique amenities to attract tenants, increase the rent value and offer convenience to renters. Some of the popular amenities include rooftop gardens and outdoor spaces, pet grooming stations, electric car charging stations, bike storage, smart home technology and fitness centers with virtual training options.
Other unique amenities that are gaining popularity are wine cellars, movie theaters, game rooms and indoor golf simulators. Co-working spaces and high-speed Wi-Fi are also becoming increasingly popular in apartment complexes, catering to the needs of remote workers. Social butterflies might value party rooms, banqueting areas or outdoor pools to host amazing soirees right near their homes.
With these unique and social benefits, apartment complexes are not just a place to live, but a lifestyle where you can build social relationships with other residents. These innovative amenities help apartments stand out and increase attractiveness to certain renter's wishlists.
Property owners can offer amenities at their own discretion at virtually any property including apartments, townhomes and detached rental homes. The amenities offered, however, are largely determined by area demand and pricing.
Almost all apartments offer at least some level of amenity to their renters and most rental homes will feature some, as well. Generally, however, luxury apartments offer more.
Apartment amenities have come a long way over the years, and today's tenants have an abundance of options to choose from. From rooftop gardens to pet grooming stations, fitness centers and resort-style pools, residential apartment complexes are now offering unique amenities that enhance the quality of life of their residents.
In a competitive rental market, these perks can make a big difference in attracting and retaining tenants. As the needs and preferences of tenants continue to evolve, we can expect to see even more innovative amenities being offered in apartments, making them an even more appealing option for those looking for a convenient and comfortable living experience in their dream location.
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