3) Flexibility. Renting suggests more flexibility than owning a home. If the time comes and you need to move because of a job transfer or even a family crisis, it is much easier to cancel the rent rather than sell the house.4) Security. As they say, it is much safer to live in an apartment community since they have security services and you are surrounded by your neighbors.6) Hassle-free living. Several renters decided on apartment living mainly because they don’t have the time, money or the fondness to handle their own maintenance repairs. Usually, if you live in a rented apartment, you can just report it to your landlord.