Understanding Apartment Parking: A Guide to Common Parking Options for Renters

When searching for the perfect rental apartment, it’s easy to focus mostly on the floorplan, amenities and location  — but don’t forget about parking! Whether you own a car or expect frequent visitors, having access to convenient and reliable apartment parking options can make your daily life much smoother.

Most apartment communities offer a variety of parking options, from assigned space and covered parking to garages and shared lots. But what sets them apart? Understanding the different types of parking spaces and how they fit your lifestyle and budget will help you make the best decisions when choosing your happy place.

Apartment parking options: What renters need to know

Here’s a breakdown of the most common parking types and what to expect from each:

Assigned parking

Assigned parking means you have a designated spot, usually marked with your apartment number or name. This guarantees you always have a place to park without going through the hassle of searching for an available each time. It also creates a more organized parking system, reducing congestion and frustration. However, keep in mind that in most cases you’ll have to pay an extra fee for your assigned parking. The amount can vary depending on the location and the apartment complex.

Unassigned/open parking

Unassigned parking works on a first-come, first-served basis, meaning that these spaces are not designated to a specific resident. The main advantage is that there’s no extra cost, making it a budget-friendly option. However, finding a spot during peak hours (evenings or weekends) can turn into a real challenge. Be prepared to circle the parking lot or park farther away from your building.

Covered parking

Covered parking provides a roof or carport over your parking space. This offers excellent protection from the weather, shielding your car from sun, rain, snow, and even hail. It helps preserve your car’s exterior and keeps it cooler in the summer. The only downside is that covered parking usually costs more than uncovered options.

Street parking

Street parking refers to public parking spaces near apartment complexes that’s free or low-cost. While great for budget-conscious renters, street parking is often difficult to find, especially in densely populated areas. There are also security concerns, such as the risk of theft or vandalism, and exposure to bad weather. Additionally, street parking may also be subject to parking restrictions, such as time limits or permit requirements.

Underground parking

Underground parking garages are located beneath apartment buildings. They offer both security and superior weather protection, shielding your vehicle from the elements and potential theft or vandalism. Underground parking also often provides a more consistent temperature, protecting your car from extreme heat or cold. But, the convenience comes at a premium, as these parking options are usually reflected in higher rent prices due to their construction and maintenance costs.

Garage parking

Garage parking provides an enclosed space for your vehicle — either private or shared. Garages offer maximum security, protecting your car from extreme weather of theft. They can also provide extra storage space for belongings. Just like underground parking spaces, garages also come with a premium price tag and, in most cases, they are the most expensive parking option.

Visitor/guest parking

Visitor parking spaces are set aside for guests of residents, offering  convenience and peace of mind. Since most apartment communities have a limited number of visitor parking, they can fill up quickly during busy times, leaving guests to search for street parking or other alternatives.

Specialized parking options

Some apartment communities offer more specialized parking solutions to meet  unique needs. Here are a few options to look out for:

Tandem parking

Tandem parking involves two cars parked one behind the other in a single space. This setup can be efficient for households with multiple vehicles that are used at different times. While this is a great parking solution, it can be inconvenient if the car parked in the back needs to leave first, requiring the other car to be moved.

Modern parking solutions

Increasingly more apartment complexes built recently offer innovative parking solutions, especially in very crowded urban areas, to maximize capacity and efficiency. These include:

• Automated or robotic parking systems that stack and retrieve vehicles in tight urban areas.
• Tower parking systems that allow multiple cars to be parked vertically.
• Electric vehicle (EV) charging stations, which are a top amenity for renters who own electric cars.

What to consider when choosing apartment parking

Before committing to an apartment, think about these key parking factors:

Security: Look for features like surveillance cameras, gated access, and well-lit parking areas for added safety.

Cost: Check if parking fees are included in the rent price or charged separately, and understand the fee structure.

Proximity to your unit: A parking spot that’s close to your apartment makes life easier, especially when carrying groceries or heavy items.

Weather protection: If you live in an area with extreme weather, covered or underground parking may be worth the extra cost.

Understanding the different types of apartment parking spaces is key to finding the right fit for your lifestyle as a renter. Before choosing a community, it’s important to assess your priorities — whether it’s cost, convenience, or security. Think about what works best for your daily routine and long-term needs to make an informed decision and avoid parking hassles down the road.