What is the difference between a condo, a townhome and an apartment?

Question

Please list the average rentals per month for each. Not selling but rentals. Thanks.

Answer 1

I believe that a condo and a townhouse are the same, with the sole exception being that a condo is one floor and a townhouse is two or more floors. Townhouses are the most expensive of the three, with condos being second. How much they cost depends on where you are looking.

Answer 2

'Not sure if you'll like my answer since I don't know the average rentals but I CAN tell you this:

A condo is like a larger apartment-even though it looks like a home.
Apartment is a small living area.
A townhome is like a tall house. It's so tall because it has limited ground area so it's built sort stacked up on top of each other.


Not what you think-but to me, condos and apartments are better to buy than townhouses. Townhouses look crowded together. They are very close and you're better off buying a condo or apartment out of the 3. I think they are nicer. With a house as big as townhouse you need privacy.

Answer 3

Apartments, cheapest
Condos - more
Townhouses - most
These are usually and do not factor in the city , area or type of development of each as some apartments could be 3X what a townhouse goes for.
Your question lacked sufficient info for a good response.

Answer 4

it has nothing to do with size. but has everything to do with the type of ownership.

condo - you own the space between the ceiling and the floor and a common (undivided) interest in the dwelling and adjacent land owned by the community.

town house - you own the land your unit is on and possibly a portion of the dwelling (in the case of attached units) as well as common interest in the entire property.

apartment - do you mean co-op?