Difference Between Apartment and Condo

By: | Updated: Jun-18, 2022
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A condo is a type of apartment that is built for rent and not for sale. A condo may have one or more “units” that are rented to the same people. There are many similarities and differences between apartments and condos.

Summary Tables

Apartments Condo
Smaller type Bigger type
Do not have backyard Have a small backyard

Difference Between Apartment and Condo

What is Apartment?

An apartment is a type of real estate that is built for rent and not for sale. Apartment buildings are found in most major cities around the world. There are several types of apartments: one-bedroom, two-bedroom, three-bedroom, four-bedroom, and studio apartments. One-bedroom apartments are small rooms that sleep one person.

Two-bedroom apartments are smaller rooms that sleep two people. Three-bedroom apartments are larger rooms that sleep three people. Four-bedroom apartments are even larger rooms that sleep four people. Studio apartments are very small rooms that sleep one person only.

What is Condo?

A condo is a type of real estate that is built for sale and not for rent. Condos are found in most major cities around the world. There are many similarities and differences between apartments and condos. Condos usually have a small backyard or a large balcony. They usually have the same rules and regulations as apartments. The main difference between apartments and condos is that they are usually sold, not rented.

For a family, condos are better to choose. The prices are more affordable. However, condos do not provide privacy for the families living in it. For example, a condo does not have its own door. You can hear everything from your neighbors’ room. You can still get some solutions regarding this problem. You can use an alarm system or use a lock on your door. The same thing goes for balconies.

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Apartment VS Condo

If you want to buy a house or condo, it is important to know the differences between apartments and condos. Here are some of the major differences between apartments and condos:

  1. Apartment Condo Building Type Condo Building Type Condo building is a type of apartment that is built for sale and not for rent. It is a multi-family building. The building can have one or more “units” that are rented to the same people. You can find an apartment building in most major cities around the world. The word “apartment” means “room” in French and Italian languages. There are many similarities and differences between apartments and condos.
  2. Apartment Location Condo Location If you want to buy a house or condo, it is important to know the differences between apartments and condos.
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