Brentwood is known for its beautiful homes and lush green lawns, but did you know that it also boasts some of the best apartments in LA County? Here are just a few reasons why you should consider renting an apartment in Brentwood instead of buying a house.
1. Renting is Cheaper Than Buying
Buying a home is expensive. According to Zillow, the median price of a single-family home in Brentwood was $2,098,000 in 2022, compared to $1,200,500 for a condo. And according to Apartment List, the median monthly cost of renting a 2 bedroom apartment in Brentwood is $2,964, compared to $2,876 for a 3 bedroom apartment. So, if you’re looking to save money, renting is definitely the way to go! More info about apartments in Brentwood
2. No Down Payment Required
You won’t have to put down any cash upfront when you buy a home. Instead, you’ll make a 20 percent down payment, which is usually required for mortgages. But with rental properties, you only need to pay a security deposit, plus a first month’s rent and last month’s rent.
3. Flexible Lease Terms
Renting allows you to tailor your lease terms to suit your lifestyle. For example, you may choose to move out early if you find another job, or extend your lease term if you decide to stay longer in your current location. With rentals, you’re not locked into a set amount of time.
4. More Space
A lot of renters prefer living in larger spaces over smaller ones. When you rent, you get access to a whole apartment, rather than having to share space with roommates. Plus, you’ll have plenty of room to store all of your belongings.
5. Save Money on Taxes
In addition to saving money on housing costs, you’ll also save on taxes. Because you’re not responsible for property taxes, you won’t have to worry about making regular tax payments.
6. Easier Maintenance
While homeowners must deal with plumbing issues, heating problems, roof repairs, etc., tenants aren’t responsible for maintaining their rental unit. As long as you follow the rules and maintain the property properly, you shouldn’t encounter any maintenance issues.
7. Better Location
Many renters enjoy being able to walk to places like grocery stores, restaurants, coffee shops, and parks. Plus, you’ll never run out of things to do in Brentwood. There are tons of fun activities to participate in, including hiking, biking, running, fishing, golfing, swimming, tennis, and much more.