Are Apartments on Higher Floors More Expensive? (2024)

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If you’re on the lookout for a new apartment, you are probably wondering about the cost of apartments on higher floors versus lower floors. So, are apartments on higher floors more expensive?

The short answer is yes, generally higher floors are more expensive in “high-rise” buildings, however with garden-style apartments, it is usually not the case. In fact, in garden-style apartments, the higher floors may be cheaper if someone has to walk up a lot of stairs.

Generally, though higher floors are more expensive.

Since higher floors are usually more expensive, let’s take a look at some of the reasons why:

1. Views

There is a premium for the panoramic views. Even if you don’t live in the best location, top-floor apartments tend to provide the best views compared to apartments on the lower floors.

2. Luxury and Privacy Perception

There is also the general perception of luxury and privacy associated with being on a higher floor.

3. Enhanced Security Perception

Are Apartments on Higher Floors More Expensive? (1)

Higher-floor apartments have the perception of being more secure. This makes them more desirable and in turn, more expensive.

4. Quieter

Are Apartments on Higher Floors More Expensive? (2)

Being on a top floor means there is less street noise, allowing you to relax and unwind.

5. Natural Light

Are Apartments on Higher Floors More Expensive? (3)

Higher-floor apartments can have more natural light compared to apartments on lower floors. This is one of the most attractive features for tenants.

6. Additional Factors that Affect Rental Prices of Apartments

While the floor you choose will have an impact on rental prices, some additional factors will also come into play. They include:

  • Neighborhood
  • Amenities
  • Apartment size
  • Window sizes
  • Balcony
  • Floor plan
  • Apartment features

If you are looking for a feeling of luxury and privacy and don’t mind the additional rental cost, then choosing an apartment on a higher floor may be a great choice.

Are Apartments on Higher Floors More Expensive? (2024)

FAQs

Are Apartments on Higher Floors More Expensive? ›

The short answer is yes, generally higher floors are more expensive in “high-rise” buildings, however with garden-style apartments, it is usually not the case. In fact, in garden-style apartments, the higher floors may be cheaper if someone has to walk up a lot of stairs.

Is it better to be on a higher floor in an apartment? ›

Living on a higher floor has its advantages. You get better views of your locality, better light and ventilation, and there is lower impact of street-level disturbances compared to those on the ground and lower floors. Higher floors are also usually free from the menace of mosquitoes and rodents (mainly rats).

Which floor is most expensive in apartment? ›

Apartments on upper levels tend to be more costly than those on lower floors for three reasons, which may be broken down into three categories: practicality, security, and status. The flats on the top levels benefit from the sharing of natural light and fresh air due to their spatial placement.

Why are lower floor apartments cheaper? ›

First-floor apartments are generally cheaper because they do not offer many scenic views. People typically want an apartment with a view if the building is located close to nature or if the city has a beautiful skyline.

Are higher floor condos worth more? ›

Higher condos get more resale value

From an investment perspective, higher condos are always better as they give the most return on the value. Investors are more interested in buying condos on a higher floor as they are aware of its demand in the market.

What are the disadvantages of top floor apartment? ›

Sometimes it gets difficult to sell out the higher floor flats as buyers do not want to stay in a place that will get hotter in the summer. Moreover, other disadvantages, such as the shifting of goods and the construction work difficulties, are also present with top-floor buildings.

What floor is best to live in an apartment? ›

Living on the ground floor will help you save on utility bills. The lower floors make for a less expensive air-conditioning bill in the summer as the cool air naturally reigns in lower locations. Also, you'll likely have less exposure to natural sunlight, which will keep your place cooler in the hot months of summer.

Why do higher apartments cost more? ›

Enhanced Security Perception. Higher-floor apartments have the perception of being more secure. This makes them more desirable and in turn, more expensive.

What are the advantages of living on higher floors? ›

Pros of higher floors

Reduced noise and better ventilation: The level of noise pollution on the higher floors is relatively less than on the ground floors. Sounds of traffic and other noisy commotion won't bother you much. Also, you can have more fresh air as compared to lower floors.

Is air quality better on higher floors? ›

The results show that air quality does indeed improve with height (mainly at roadside locations) up to the fourth floor of typical buildings.

Are higher floor apartments safer? ›

The top floor is the most secure out of all the levels. Thieves or other invaders will rarely make their way to the top of the building. If you're on the top, you can feel safe from people who might push into the building from the outside.

What are the advantages and disadvantages of living in a higher floor? ›

Higher floor living
  • The higher floors are less likely to witness a theft or pest attack.
  • Vertical living leads to lesser noise pollution, which is quite common in cities.
  • Higher floors result in low heating costs in winters as the hot air rises.
  • These floors also provide better views from the balcony.
Apr 3, 2023

Are higher floors warmer? ›

All the heat from the lower floors rises to the top and will accumulate on the top floor. This is why top-floor apartments are often the hottest in comparison to other floors.

Do higher floors sell for more? ›

Many real estate agents will tell you that buying on a higher floor is better than on a lower floor but if that's not within your budget, a lower floor condo in a strong location or a highly reputable building can be just as valuable.

Are top floor flats cheaper? ›

When you look at listings for these apartments, you might notice two things. One, that top floor apartments are significantly more expensive compared to apartments on lower floors. Second, the rent prices for top floor apartments tend to increase even amongst themselves.

Do higher floors get more sunlight? ›

The higher you go up in an apartment building, the more natural light can enter the apartment unit. Natural sunlight does not only brighten up your place but can also have a positive impact on your health. Tenants who live on upper floors can also enjoy more fresh air.

Are first floor apartments safer? ›

Do first-floor apartments get robbed more often than those on higher floors? Yes, but the number of robberies doesn't correlate to the location as much as it does to the safety measures that are in place. There are significant benefits of first-floor apartment living.

Is top floor good or bad? ›

Health benefits: Higher floors are great sources of natural sunlight and fresh air. You can shun the elevator and take the stairs for health benefits. Extra security and privacy: Unlike lower floors, you are less likely to be bothered by pests, bugs and the noise of people walking past your door.

Do higher floor apartments have less bugs? ›

Although high-floor apartments have fewer bugs and insects than those on lower floors, they are not bug-free. Even if you live in an apartment on a higher floor, there's still a chance of encountering bugs and insects, especially if you don't keep your apartment clean.

Do third floor apartments get hotter? ›

Your third floor is hotter than the rest of the house in the summer because the heat gets trapped there. You have warmth rising from the first floor, plus the sun beating down on the roof and those two factors work together to make the third floor the hottest place in the house.

Is it better to live upstairs or downstairs in an apartment? ›

If you despise walking stairs or waiting for the elevator, a downstairs apartment might be a better fit for you. It's easier to carry your groceries to a downstairs apartment and it's also quicker to get to your car. On the other hand, you might prefer an apartment on a higher floor that's close to the elevator.

Are higher floors quieter? ›

Higher is noisier – noise travels upwards and that is why higher floors tend to be noisier (it usually starts to reduce from around the 15th floor). Banging from construction work nearby can be heard acutely on higher floors even through the source of the noise can seem very far away.

Which floor is best in high rise building? ›

According to Vastu the ground, first, second and third floors are the best floors to live in because they are close to the water element.

Which floor is best in 5 floor building? ›

Most of India's cities are now growing vertically, as the population in cities is rising and the space to accommodate the growing number remains limited. Its important to choose the best floor that suits your needs. According to my view, the floors that I feel are the best are floors between the 8th to 11th.

What are two advantages of high rise apartments? ›

• They Have Easier Utilities and Maintenance

Most high-rise apartments are already wired for cable, internet, and the like, so getting set up is as easy as a phone call. Maintenance requests are often faster too, since they usually have an on-site property management office.

Are you heavier on higher floors? ›

While you will weigh slightly less on the top floor of a high rise, the biggest change in your weight will happen on the elevator, as it starts to accelerate upward or downward. No, weight is reduced the further you move from the center of the Earth.

Is it more humid on higher floors? ›

It's normal for the upper floors of a home to be hotter and more humid than the lower ones simply because hot air always rises up. When air heats up, it expands and becomes less dense.

Do high rise apartments get dusty? ›

Apartments on high floors generally get less dust compared to lower-floor apartments. This is because they are farther away from dust sources often found on ground level. Higher-level apartment residents get a cleaner home with fewer health hazards.

Does air quality get worse with elevation? ›

Mountain air has a storied reputation for being so fresh and so clean. While that's often true, air quality at higher elevations is also at risk of becoming severely polluted and a threat to the health of humans and ecosystems, alike.

What is the safest place in an apartment? ›

Move to the Lowest Apartment Level Possible

If given enough warning, try your best to move down to the first floor of your apartment, if not to a basem*nt or shelter that your complex may have on-site. The lower you are, the safer you will be.

Why are lower floors cooler? ›

Scientific Reason: Warm air rises and the naturally warm air is going to rise to the highest floor. If you have an HVAC unit on the first floor, hot air has to be pushed out so cool air can enter a room.

Are second floor apartments warmer? ›

Since heat tends to rise, 2nd-floor apartments are much warmer than those on the ground floor, which means 2nd-floor apartments require less energy to heat, reducing heating costs.

What are the problems with high-rise apartments? ›

The disadvantages of a high-rise apartment include: It is more difficult to evacuate in an emergency, such as a fire, the higher the floor. It's even more difficult if you have family members who are disabled.

Is it best to live on the top floor? ›

If you love natural sunlight, the best floor to live on might be the top floor. Top floor apartments will automatically give you more sunlight than anything on a lower floor. This benefits both health and can help you save money on lighting costs (learn how to keep utility bills low in an apartment here).

What is the disadvantage of raised floor system? ›

Disadvantages: It is generally not as effective for rooms that support heterogeneous platforms including large storage appliances, mainframe equipment, and other equipment that is designed to work in a raised floor environment. A major renovation project is typically required to convert an existing room.

Why are upstairs apartments hotter? ›

Cooler air settles into the lower areas of the house (usually where the thermostat is located); while heat from the outside begins to warm things up again. Because heat rises, the temperature on the second floor rises first, causing the second floor to feel warmer than the first floor.

Which floor of a flat is the warmest? ›

1) heat rises - so heat will rise from lower flats to upper flats. More accurately, the density of air decreases as temperature rises, so hotter air will tend to rise up through buildings, where convection is possible.

Are upper floors colder in winter? ›

Cold air is denser than warm air, so it stays on the bottom while warm air rises. That's why the downstairs can feel so chilly while the upstairs is toasty in the winter. The temperature differential between the upstairs and downstairs in an average two-story home is between 8 to 10 degrees.

How high should each floor be? ›

The height of each storey in a building is based on ceiling height, floor thickness, and building material — with a general average of about 14 feet.

How much does flooring add to value? ›

Believe it or not, buyers are looking at your floors. They're looking to see what condition they're in. They want to know how hard it is to maintain them and what types of flooring you have. Most homeowners find about a seventy percent ROI on new floors when they go to sell their house.

Is 16 floors a high rise? ›

Buildings that are 1-4 stories should classify all their units as low-rise. Buildings that are 5-9 stories should classify all their units as mid-rise. Buildings that are 10 or more stories should classify all their units as high-rise.

Is a top floor apartment better? ›

In a nutshell, top-floor apartments are like townhouses without any of the drawbacks. The higher you get, the better the air quality. Less pollution means less dust: top-floor apartments are a healthier choice. The air you breath up there is cleaner.

Is a top floor apartment better than a ground floor? ›

Benefits of a Top Floor Apartment

Better Views: Top floor properties have better views in comparison to ground floors. Higher Security: Security is naturally better when you have an inaccessible top floor property. Natural Light: Top floors get more sunlight for a brighter feel.

Why do people prefer higher floors? ›

Living on a higher floor has its advantages. You get better views of your locality, better light and ventilation, and there is lower impact of street-level disturbances compared to those on the ground and lower floors. Higher floors are also usually free from the menace of mosquitoes and rodents (mainly rats).

What floor increases home value? ›

Hard surface flooring will give you the best return on investment, or ROI. Hardwood will be your best bet with the highest ROI since it's the long-standing preferred flooring choice. If you currently have hardwood floors, consider refinishing them if they need a little pick me up.

Which apartments get the most sunlight? ›

Typically, a south-facing unit gets sun for most of the day, while a north-facing rental gets less, keeping it darker and naturally cooler throughout daylight hours. If your rental faces east, you'll receive the morning and early afternoon sun, while west-facing units are limited to afternoon sun hours.

Is it better to be upstairs or downstairs in an apartment? ›

If you despise walking stairs or waiting for the elevator, a downstairs apartment might be a better fit for you. It's easier to carry your groceries to a downstairs apartment and it's also quicker to get to your car. On the other hand, you might prefer an apartment on a higher floor that's close to the elevator.

Is it healthy to live on higher floor? ›

Pros of higher floors

Reduced noise and better ventilation: The level of noise pollution on the higher floors is relatively less than on the ground floors. Sounds of traffic and other noisy commotion won't bother you much. Also, you can have more fresh air as compared to lower floors.

Is it better to stay on a high floor or low floor? ›

Next time you are booking a hotel room, you should make sure it isn't any higher than the fourth floor. A travel risk expert has revealed the best way to stay safe at a hotel – and rooms below the second floor are advised against as well.

What are the benefits of living on a higher floor? ›

Advantages of higher floor living
  • The higher floors are less likely to witness a theft or pest attack.
  • Vertical living leads to lesser noise pollution, which is quite common in cities.
  • Higher floors result in low heating costs in winters as the hot air rises.
  • These floors also provide better views from the balcony.
Apr 3, 2023

Is it quieter to live upstairs or downstairs? ›

Less Noise: The most obvious advantage of living upstairs is the lack of noise from above. Many downstairs apartment tenants are disrupted by stomping or movement of neighbors from above, so living upstairs can prevent these disruptions.

Is it louder to live upstairs or downstairs? ›

Upstairs versus Downstairs Apartments

Generally, upstairs units are less likely to hear the noise coming from units that are lower, but sound can still travel upwards. What's more, loud noises can easily travel to units that are on the same floor.

Is first or second floor apartment safer? ›

Since they are located above the ground, second-floor apartments are less prone to burglary attacks, making them much safer.

What is the safest floor to live in an apartment? ›

Increased security. The top floor is the most secure out of all the levels. Thieves or other invaders will rarely make their way to the top of the building. If you're on the top, you can feel safe from people who might push into the building from the outside.

What are the pros and cons of high-rise apartments? ›

While luxury, peace, and amazing views are some of the benefits of living on a raised floor, there are some disadvantages to it, such as pet issues, the difficulty of repairs and maintenance, and inconvenience in shifting.

Is it quieter on higher floors? ›

Higher is noisier – noise travels upwards and that is why higher floors tend to be noisier (it usually starts to reduce from around the 15th floor). Banging from construction work nearby can be heard acutely on higher floors even through the source of the noise can seem very far away.

Is it cooler on a higher floor? ›

All the heat from the lower floors rises to the top and will accumulate on the top floor. This is why top-floor apartments are often the hottest in comparison to other floors.

Do first floor apartments get more bugs? ›

Although high-floor apartments have fewer bugs and insects than those on lower floors, they are not bug-free. Even if you live in an apartment on a higher floor, there's still a chance of encountering bugs and insects, especially if you don't keep your apartment clean.

Is it safe to live on the top floor of a building? ›

One of the essential pros of higher floor apartments is more safe security than the security of lower floors apartments. Apartments on lower floors are more viable to security risks and criminal activities like break-ins, while top floors are highly safe from these security threats.

Do higher floors have less bugs? ›

Next time you climb the stairs, remember that insects, too, prefer lower levels. Survey findings revealed that as floor numbers increase, fewer types of insects thrive. Larger rooms, especially on the ground floor (or even below ground), harbored more insect diversity.

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