The national homeownership rate in the fourth quarter of 2018 was 64.4 percent – that’s nearly 5 percentage points less than the all-time-high homeownership rate in 2005. One of the reasons for the decline in home purchases is that younger people are cautious about making such a big investment, even when they’re earning a competitive income.

For people who are hesitant to take on a mortgage, renting is a wise choice – and apartment life has several advantages over homeownership. If you’re looking for homes in Avon Indiana, you may find exactly what you’re looking for in a brand new luxury apartment.

Location

If you want to live in a particular area, apartments give you more options. For example, in the town of Avon, you may not find many homes for sale – at least not in the specific area you want, for the price you want to pay. Apartments in Avon, however, allow multiple families to live in a premium location.

Financial Considerations

If you’re repaying student loans or trying to pay off a vehicle, you’re probably uninterested in accruing additional debt or managing the unexpected repair costs that often accompany homeownership. Renting allows you to maintain a consistent budget from month to month – you may even be able to start saving for a down payment on a home, if you’re planning to buy someday.

Available Amenities

A commercial-quality fitness center and a large resort-style saltwater pool are luxury amenities that you won’t find in most Avon homes. Satori Flats, a new luxury apartment community in Avon, offers those amenities and more.

At Satori Flats, every detail – the sparkling quartz countertops, craftsman-style doors and cabinetry, the stainless steel pendant lamps –  is intentional. Those details are what make our apartments truly feel like home. And our artfully designed common areas, such as our poolside grilling cabana and our cyber lounge, are an extension of your living space.