Apartment Myths

There are many myths associated with apartments, ranging from who lives in them to how they affect nearby property values and schools to whether it's smarter to rent or own.

We have compiled NMHC and third-party research to refute the most popular myths:

• Reality: Renting Is Not Throwing Your Money Away
  
  
• Reality: Apartments Don't Decrease Property Values
  
  
• Reality: Owners Are Not Better Citizens/Neighbors
  
  
• Reality: Apartments Don't Increase Traffic Congestion
  
  
• Reality: Apartments Don't Overburden Schools
  
  
• Reality: Universal Homeownership Is Not a Good Thing 
  
  
• Reality: Apartment Residents Do Pay Property Taxes
  
  
• Reality: Apartments Don't Increase Crime Rates
  
  
• Reality: Americans Do Want Compact Development