Real Estate Investment 101: Getting Started

FAQs About 2 Bedroom Townhomes

Townhouse, apartment, or single-family detached home? You're searching for two-bedroom townhomes in your local area, but you're not sure whether a townhome really is the best rental option. Before you sign a lease, take a look at what you need to know about the benefits of two-bedroom townhomes and how to find the right rental.

What Is A Townhome?

If you're not sure what type of property to rent, the first step to finding the right rental is understanding the options. Whether you're new to real estate or you just aren't 100 percent clear on what a townhome really is, now is the best time to learn more. 

A townhome is a single, multi-floor unit. This makes it different from a one-floor apartment in a shared building. Even though the definition of a townhouse may seem similar or identical to a single-family detached home, these types of properties are not the same. Unlike a detached home, a townhome directly borders its neighbors. This means you will share at least one wall (or two, depending on the position of the rental) with the townhome next to you. 

Townhomes may also have small private yards, a balcony, or a deck/patio. The addition of these exterior usable spaces makes this option a top choice for renters who like to entertain or simply spend time relaxing outdoors.

Are Townhomes Popular?

Yes, townhomes are popular choices with renters. But this doesn't mean you can find townhouse rentals everywhere. According to the U.S. Census Bureau, in 2021 there were 369,000 new apartment constructions. In the same year, contractors completed 3,000 townhome constructions. 

Why Are Townhomes Popular?

The single-family structure and extended outdoor spaces are major benefits that many renters enjoy. You won't need to enter and exit through one main door with several other tenants or share interior/exterior areas. This makes a townhome rental preferable over an apartment. 

While you won't have to worry about communal spaces and neighbors walking through the same hallways, doors, and more in a detached home, this rental option often comes with a higher degree of maintenance than a townhome. The larger outdoor areas and exterior of the property itself often require more care and attention than what you would find in a townhome. 

How Can You Find Two Bedroom Townhomes For Rent?

If there aren't as many townhomes for rent, how can you find the just-right two-bedroom property? Instead of calling property management companies or driving around town, contact a real estate agent. The agent should have experience handling rentals and know the local area well. 

Keep these tips in mind when looking for two-bedroom townhomes near you.