{"id":17148,"date":"2023-04-21T15:00:00","date_gmt":"2023-04-21T19:00:00","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?p=17148"},"modified":"2023-07-22T11:36:22","modified_gmt":"2023-07-22T15:36:22","slug":"what-is-an-efficiency-apartment-examples","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/what-is-an-efficiency-apartment-examples\/","title":{"rendered":"What is an Efficiency Apartment? A Full Guide + Examples"},"content":{"rendered":"\n

A real estate agent and popular content creator that goes by the handle @ayec33, recently posted a video<\/a> with nearly four million views asking TikTok users to \u201cguess the price\u201d of a particular New York City apartment. This apartment was not a sprawling multi-million dollar penthouse \u2013 it was an \u201cefficiency apartment,\u201d located at 316 West 14th Street<\/a>, on the border between Chelsea<\/a> and the West Village<\/a>. Many commenters were flabbergasted by the lack of space in this apartment, but this apartment was designed not for the purpose of hosting large parties or for a budding family but for a single inhabitant looking to prioritize location above all else. Efficiency apartments like these are common in densely populated cities and are created for residents who desire to live in trendy, expensive neighborhoods while still renting on a budget.\u00a0<\/p>\n\n\n\n

What is an efficiency apartment?<\/h2>\n\n\n\n

An efficiency apartment is an apartment with all the living spaces contained within one room and is usually less than 500 square feet. These apartments lack space and amenities but are located in desirable areas and are well-suited for people looking to live alone in heavily populated cities. <\/p>\n\n\n\n

Kitchens (or lack thereof)<\/h3>\n\n\n\n

Efficiency apartments do not have full kitchens, opting for a kitchenette<\/a> or \u201cmini-kitchen.\u201d These kitchenettes usually have stovetops and miniature fridges and don\u2019t have ovens. While some of these apartments have dishwashers, the sinks in these units are often smaller than standard sinks, and they have little to no counter space or cabinets available. Residents in efficiency apartments may need to get creative when cooking at home, opting for more microwave meals, stovetop cooking, or eating outside the house.\u00a0<\/p>\n\n\n\n

Ideal locations<\/h3>\n\n\n\n

While the lack of kitchen appliances may sound inconvenient, what these apartments lack in space, they make up for in location. Most efficiency apartments are in ideal locations close to the city center (in Manhattan, many of these apartments are in downtown neighborhoods such as the Lower East Side<\/a> or Chelsea<\/a> or highly desirable areas such as the Upper West Side<\/a> or Midtown<\/a>), allowing residents to cut down on or eliminate their commutes. While these apartments offer little opportunity to eat at home, they are located in neighborhoods with a myriad of restaurants, bars, and places to order takeaway dinners when needed.\u00a0<\/p>\n\n\n\n

The price is right<\/h3>\n\n\n\n

Efficiency apartments are not only popular due to their convenient location \u2013 these apartments are also more affordable. Efficiency units offer cheaper rent than traditional studios or one-bedrooms due to their lack of amenities and square footage. In addition to cheaper rent, these apartments boast lower utility bills, as heating and cooling a small space is much cheaper than a large apartment. In a city where many people live with roommates<\/a>, these apartments can offer a slice of privacy while not breaking the bank.\u00a0<\/p>\n\n\n\n

Minimal Furnishing<\/h3>\n\n\n\n

Efficiency apartments are also easier to furnish and maintain as residents need less furniture and possessions. The need for a large sectional couch is gone, and some of these units don\u2019t have space for a dining table either. If moving into an efficiency apartment from a larger apartment, it could be time to sell or donate any miscellaneous and unused items! The lack of kitchen space eliminates the need for cookware, and while the lack of storage space may seem intimidating, these apartments are easy to keep tidy and organized due to the compact nature of the space.<\/p>\n\n\n\n

What is the difference between a studio and an efficiency apartment? <\/h2>\n\n\n\n

Efficiency apartments and studio apartments<\/a> are frequently confused and are often used interchangeably. Yet these two types of apartments have some key differences:<\/p>\n\n\n\n