Types of Rental Properties: Which Is Right for You?

Renting a home is one of the most stressful things in the real estate industry at the moment. Being a tenant means you don’t own the place you’re occupying, yet you still call it your home. This funny scenario is the only way for millions of people around the world to have a few inches of their personal space and just because they’re not the owners doesn’t mean they can’t enjoy their rental to the fullest.

With so many different rentals out there, finding the right one is crucial, so here are a few types of rental properties you should look into and a short guide to finding the perfect one.


Vacation homes

Even though we’re in the middle of a global pandemic, more and more people are starting to plan their vacation and thinking about spending their summer far away from their home. This is why vacation homes are among the most popular rental properties at the moment, and if you’re thinking about travelling yourself, don’t forget to consider this idea.

The amount of space you’ll get, the price of the rental, and the privacy you’re going to have are just some of the reasons why vacation homes are better than hotels. In addition to these, you shouldn’t forget the amenities you’ll find in these places, and that’s why you’ll probably feel like you’re at your own home during the length of your vacation.

furnished property

Single-family houses

This is probably the most common and popular type of rental property in the world, especially for people who have a family and don’t want to spend their time living with their parents any longer.

Unlike other rental types, a single-family house gives you all the amenities you and your children may need – from storage space to a parking spot and everything in between – which is why it’s an option that might work for you the most.

However, these houses come with a major drawback – you need to be ready to invest quite a lot of time and energy maintaining them. You don’t have to do any major work – this is your landlord’s job after all – but you should still clean it regularly and make sure it’s not messy. This is time-consuming and tiring, but if you want to give every member of your family enough manoeuvring space, it’s something you’ll just have to do no matter what.

block of flats


If you’re not a fan of huge spaces that need lots of maintenance, apartments are perfect for you. These come in all shapes and sizes, and you shouldn’t have a problem finding an apartment that works for you and everyone you live with. Even if you have children, you can find an apartment that gives you all enough space and provides you with all the luxury you deserve.

But, if you’re single and not planning a family any time soon, you might think about studio apartments instead. These are smaller, but more compact and comfortable than most bigger apartments, especially if you manage to find a fully-equipped studio apartment at a great location. This is a win-win scenario and once you locate such an apartment, don’t hesitate to rent it straight away!

Row houses

In case you’re somewhere in the middle between a house and an apartment, going for one of those cool row houses might be just the thing you’re looking for. These are just as good and spacious as the single-family houses we’ve already mentioned, but not as massive and demanding as them. On the other hand, they’re just as cute and easy to maintain as any apartment you might find, and these numerous benefits make them perfect for tenants of all ages – they simply give you the best of both worlds!

Moreover, rowhouses will give you and your family some outdoor space as well, and that’s very important if there are kids involved. You’ll still have a great deal of privacy even though you’ll be sharing a wall or your front yard with your neighbours, but if that doesn’t bother you, start looking into row houses in your area right now.

Townhomes, condos, duplexes, co-ops, lofts, penthouses, and multi-family houses are some of the other types of rental properties you could explore when searching for a new home. Alternatively, you can always find a fixer-upper and make it perfect, or you could simply convert your parents’ garage or basement into usable living space and move in there. As long as you’re ready to be creative and think outside the box, you’ll surely find a home you’ve always wanted!