There is an increasing number of people taking advantage of micro apartments. It’s a trend in apartment living that was born out of a need to provide more affordable housing solutions. A micro apartment is typically considered one that has fewer than 400 square feet of space, a kitchen, and a bathroom, all of which are fully functional. It essentially has everything that a larger apartment would have, but less space. More people are coming to the conclusion that bigger isn’t necessarily better. Let’s delve deeper into the world of micro apartments.
Location Still Matters
Even when you’re dealing with micro apartments, location is still the number one priority. If you have a micro apartment in a highly coveted area of a big city (e.g. Miami), there’s a good chance that the price tag won’t be cheap. If a micro apartment rental has all of the amenities that you can expect from a luxury apartment and the location is prime, you’ll likely pay more than an apartment twice its size in a less favorable part of town. However, older micro apartments that don’t have modern amenities are likely to have a lower rental rate.
Minimalism May Be Required
Moving into a micro apartment means you won’t have a lot of room for storage. Given the current focus on minimalism and the Marie Kondo way of living, many renters are perfectly fine with having less storage space. If you often have a lot of clutter in your home, a micro apartment might not be the best solution for you. If you’re up for the challenge, you’ll need to learn how to keep things organized.
A micro apartment doesn’t necessarily mean you’ll have a lower quality of life. If you enjoy hosting others for dinner events, you’ll simply have to recognize that a limited amount of space is available, which may require a reduction in the number of people that would typically be invited. If you have to choose between getting a roommate or a micro apartment, it will depend on your preference. If you prefer your privacy and despise cohabiting, a micro apartment is a great solution. A micro apartment can also be a good investment opportunity.