If you’re looking for a new place to call home, you might have come across studio apartments. These small, self-contained homes typically consist of a bedroom, living room, and kitchen all in one room, with an additional bathroom. Normally far smaller than your average apartment or home, they’re typically aimed at students and young professionals.
However, a far wider range of people may consider the benefits of a studio apartment. From the real estate investor looking for a space to rent out in the city, to the couples looking to downsize, there’s no reason why you should write studio apartments off without first thinking about both the pros and cons. Let’s take a look below.
What’s Great About Living in a Studio Apartment?
There’s lots to love about studio apartments, and if your circumstances are right, they may be the best option for you. Here are the main benefits.
The clear advantage that studio apartments have over other dwellings is the cost. Rents are typically far lower than standard apartments, sometimes by as much as half the price. As well as a lower rent/purchase price, you can expect to pay far less in monthly utilities. Smaller spaces require less energy to heat, light, and cool, and with a little forward thinking, one well placed lamp can light the entire apartment.
In addition, you’ll require less furniture, and will have to think twice about each purchase, due to space limitations, further saving you cash that can be better spent or saved elsewhere. As such, studio apartments are a superb choice for those on a budget, or looking to put some hefty savings aside.
Wider Choice of Prime Locations
Studio apartments are often built into larger buildings, for example a converted loft space, basement, or annex. That’s why you can typically find them dotted about all kinds of great, inner city locations. You’d normally struggle to find larger apartments in the same locations, and could expect to pay far more if you do. So, if a prime location is top of your list, a studio apartment could be a great choice.
Easy to Keep Clean and Clutter Free
The smaller the space, the easier it is to keep it clean and clutter free. From the get-go, you won’t be able to fill a studio apartment with anything but the essentials, otherwise you’d soon run out of space. Indeed, most studio dwellers seek out furniture that does double duty: a sofa-bed, for example. Spending less time cleaning is always a bonus, freeing you up to do more of the things you enjoy.
Better for the Environment
Lower energy bills aren’t just great for your wallet, they’re also better for the environment as well. Living in a smaller space presents you with many opportunities to lead a more environmentally friendly life. With limited space, you’re less likely to buy things you don’t need, and less likely to throw out food you didn’t get round to eating. Less time spent cleaning means less water waste, and less toxic chemicals being used.
Since studio apartments are often converted from older, larger, and more historic homes, you’ll often find stunning features in them. Majestic windows in loft studios, exposed brick walls and wooden beams, and spectacular hardwood floors are just some of the perks to look out for.
What Are the Drawbacks?
Of course, studio apartments aren’t for everyone, and there’s no such thing as the perfect pad. They come with their own drawbacks, many of which are related to lifestyle choices.
They Can Be Claustrophobic
If you value your space, studio apartments probably aren’t for you. Their small size may be great for those who don’t mind being snug, but if you’re used to having your own space, they can soon become claustrophobic. It can be especially tricky for a couple, as there’s no getting away from one another without someone either hiding out in the bathroom, or going out for a few hours.
Difficult for Socializing
If you love having your friends and family come round to visit, things can soon get cramped in a studio apartment. Finding somewhere for everyone to relax is one challenge, as it’s unlikely you’ve got much additional furniture for guests.
Tricky If You Have Lots of Belongings
No matter how much you love the idea of downsizing, if you currently have a lot of belongings, moving to a studio apartment can be tricky, unless you’re willing to let go of the vast majority of it. Hobbies such as home brewing, playing the piano, or oil painting may also have to take a back seat when space becomes tight.
Limited Closet Space
Similarly, if you’re the kind of person that has an outfit for every occasion, you’ll struggle to house them all in a studio apartment. Many studios don’t offer much in the way of closet space, so you’ll either have to donate half your clothes, or come up with some clever storage solutions.
Not Ideal for a Family
Studio apartments are a great idea if you’re young, free, and single, or even a very close and intimate couple, but if you’ve got plans to raise a family, you’ll soon find that you probably need more space. It can work out, but you need to be able to adjust your lifestyle drastically if you wish to raise kids in such a tiny space, and as they start getting older, they’ll also need their own privacy.
Living in a studio apartment is more a way of life than anything else. It depends largely upon your own needs and desires as to whether the benefits will outweigh the negatives. They certainly can be a great choice for some people, but if you’re not sure if it’ll work for you, it might be best to try it short-term before committing. Perhaps try a city break in tiny accommodation to get a feel for it.