What is a means of comfort?

Definition and Examples of Amenities

The term “amenity” refers to the desirable features in a home, residential community, or commercial property that enhance its appeal to potential residents or renters. Amenities include the interior features of the residential unit and aspects of the community. Amenities contribute to making the residence or neighborhood more comfortable and convenient.

How Do Amenities Work?

Amenities are used to create market appeal and generate higher value. However, for tenants and owners, amenities often mean higher costs.

Types of Amenities

Amenities are generally categorized into two groups: amenities within the unit and amenities in the community.

How Much Do Amenities Cost?

Here are some examples of traditional amenity fees when not included in the rent:

One-time: $100 to $500 at move-in

Monthly: $30 per month

Swimming Pool: $30 to $50 for the season

Bicycle Storage: $10 to $20 per bike per month

Outdoor Parking: $10 to $400 per month

Covered Parking: $50 to $600 per month

Storage: $50 to $200, depending on the size of the unit

Fitness Centers: Often included in rent, but some communities may charge fees where space is limited

Package Boxes or Management: $3 to $5 per month, sometimes with an activation fee of around $30

Source: https://www.thebalancemoney.com/what-is-an-amenity-5205722