1 bedroom apartment cost

A studio apartment, or studio condo also known as a studio flat (UK), self-contained apartment (Nigeria), efficiency apartment, bed-sitter (Kenya), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
Some studio apartments still include a private washroom, which may or may not include a bath or shower. Otherwise, washrooms and bathing facilities are often part of a common area accessible by the residents of multiple units, with various arrangements to ensure privacy. Some studio apartments also offer extra storage space which may or may not be attached to the main unit.
For their occupants, studio apartments offer the advantage of being considerably cheaper to rent or buy compared to multi-room dwellings, the resident only having to give up living space as opposed to the level of privacy that is the case when living as a roommate. Studio apartments have historically been offered mainly for rent, however in recent years the units have been increasingly sold as condominiums in response to rising housing costs making larger dwellings unaffordable to many would-be home buyers.

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