People often come to a crossroads in life where they have to make the decision whether it’s best for them to live in an apartment or invest their money into buying a house. Though many try to make the argument that becoming a homeowner is the way to go, the truth is that those who choose to rent apartments actually receive an array of benefits. Murphy Properties offers several local apartment rentals for residents in New London County, CT, and Washington County, RI, where tenants get to enjoy the advantages of apartment renting.

If you're struggling to make the decision, take a look at the following perks of renting an apartment:

• Not Held Responsible For Repairs: One of the biggest disadvantages of owning a home is the inconvenience of spending time and money on maintenance and repairs. Apartments don’t require renters to be responsible when something needs to be fixed or replaced, and there’s only minimal maintenance needed since the living space is smaller than that of a home.

• No Obligation To Stay Long-Term: For those who need a place to live short-term or just aren’t sure where life will take them next, renting an apartment is the perfect solution. Apartment rentals often give tenants the option to select a lease that can range from three months to a year, allowing them the flexibility of packing up and moving on when necessary.
• Less Financial Commitment: Repairs and renovations aren’t the only areas apartment renters will save money in. Monthly mortgage payments generally end up costing more than rent, and there are no property taxes to budget for with an apartment. In addition, utilities are usually cheaper and are sometimes even included in the amount tenants pay for rent.

After considering these advantages, if you feel your lifestyle would be best suited to apartment living, contact Murphy Properties at (860) 599-1980 for a list of available rentals. You can also check out their extensive inventory of listings on their website.