I recently attended a baby shower of one of my friends. He and his wife is having their third child. They used to live in the city of Baldwin Park and now they live in the city of Whittier. At first, I though that they already own the house but he says that he is still renting the four bedroom and two bath house. The rent is still pretty cheap at $1,500 per month especially if the rent for a two bedroom apartment starting at $1,300 and a three bedroom for $1,500.

The house prices are still relatively high eventhough they have fallen for the past twelve months. However, the rental prices are still going up because now the homeowners are now turning into a renter. So the question is, which one would you prefer: a house or an apartment?

Well, most people actually go for the price. If the price is relatively cheaper in renting a house, then it is a better choice than an apartment. In the case of my friend, he really lucked out on that. However, please keep in mind that with the house, you are pretty much responsible for all the utilities. The advantage of renting in an apartment is that most of the apartments cover water and refuse that could amount to at least $50 per month. Some apartments also cover for gas utilities, which could yield additional savings.

In terms of space, some houses are roomier and offers a backyard. It also offers the peace of mind knowing that their is no noisy nextdoor apartment neighboors. If you are in the second floor apartment, the people downstairs are probably complaning about your footsteps and it goes vice versa when you are the one living downstairs.