The key difference between apartments and units is that an apartment refers specifically to one type of rental property while a unit can refer to any single dwelling within the larger complex. When it comes to choosing between renting an apartment vs renting a unit in Australia for example, there are pros and cons to both options depending on.. Amenities in an apartment building are often more appealing than those in a unit. 7. Price of Rent. There is a difference between the rent price for a unit and an apartment. Several factors affect the price of the rent, including location, size, and features. The price for a real estate unit is often lower than an apartment.

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Apartments can be very under-rated and often get a bad rep in terms of lack of cap gains relative to a 'landed' property. Queen Street (Volt Apartments) - 41 sqm, sold for $309,000 (yesterday). Furnished two bedroom, one bathroom and balcony. Rates $1039.95 and BC Levies $4408.83.. In some parts of the world, an apartment is a unit within an apartment building that is built with the purpose of residence. And flats may refer to living space within a building that was made for something else and also has a residential unit within it. Again, this is a minor difference that is not consistent worldwide.