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Rental apartments are not just for the young and unattached. When many of us are young, the attraction of having the freedom to move where we want when we want is strong. And, with good reason. However, there are other categories of people for whom apartment rentals are attractive, regardless of age.
For example, you're a computer consultant who spends the majority of every week working at client job sites in different parts of the country. Do you really want to return home on a Friday evening knowing you've got to get up early and mow your lawn in the morning?
Here's another scenario you might recognize. You love to travel. Your goal is to be away every weekend and for as much vacation and personal time as you can accumulate. Do you really want to worry about your plumbing, electrical systems, water heater, or your garden?
As a final thought, assume you've been a homeowner for 30 years, raised your family (all of whom are succeeding on their own now), and want to kick back and just enjoy life. Do you really want to still worry about when the roof will need replacing, how much your local government will increase real estate taxes this year, or if your basement will ever really stay dry for 12 months at a time? Probably not.
These are but a few real world examples of people who should view apartments for rent as a psychological and financial windfall. Renting apartments may provide you the freedom to enjoy the lifestyle you want now without having to make commitments that might detract from those things you've decided are important to you.