But after the housing bubble of 2008, a number of families found themselves once again entering the renter’s market, and this created an opportunity for developers in Andover to create apartments that catered to young families. Thus the “apartment home” was born, a dwelling space that would be well suited for a young couple who had two or fewer children. In crafting a renting experience that was a good fit for families, developers worked on featuring amenities that catered to family life. They also saw it as an opportunity to create a sense of community in the apartment complex as a whole.
While urban apartment complexes come with amenities that were right for urban singles, like courtyards, recreation rooms, and media rooms, family oriented apartment buildings focus on amenities like dog parks, playgrounds, and community pools. They also tend to have fitness centers for adults.
“We wanted to give renting families more of a choice,” says one Andover developer. “There weren’t a lot of rental options that catered to families, and these developments grew out of a need that saw more families entering the renter’s market. We saw an opportunity there, and we decided to take it.”
For residents, apartment homes that are geared toward families come as a welcome relief.
“We have a lot more time to spend with our children, which is the best part about it,” says one resident of an apartment home complex. “We don’t have to worry about mowing the lawn, or dealing with the plumbing if something goes click reference wrong, and there are other families around too, so this works really well for us.”
For those that aren’t interested in buying a house, apartment homes that cater this to families are a very attractive option.
“We have two children and my husband and I share a bedroom, and the kids share a bedroom. The layout is very homelike. There’s a separate kitchen, dining area, and bedrooms,” she said. “Our apartment complex has a barbecue area where we get together for potlucks with the other neighbors, and there’s a playground and pool area for the kids. Buying a house really isn’t a priority for us.”