Equity Residential Apartments
One of the largest US apartment REITs, offering luxury apartments in top metro markets including New York, Boston, San Francisco, Seattle, and Southern California.
Last checked on July 17, 2026. We may earn a commission when you click through.
Equity Residential offers a premium rental experience in top US metro areas, but it may not suit those on a budget.
Equity Residential
What renters say
Renters appreciate the luxury and location but caution about high prices and potential hidden fees.
Our verdict
Equity Residential offers a premium rental experience in top US metro areas, but it may not suit those on a budget.
Best for
Best for those seeking upscale living in vibrant urban environments who are willing to pay a premium.
Full review
Equity Residential positions itself as a leader in the luxury apartment market, particularly in cities like New York and San Francisco. With a 4.0-star rating from 15,000 reviews, it highlights a strong customer satisfaction track record. The company offers a user-friendly app, allowing residents to manage payments and requests conveniently.
While the appeal is evident in its premium offerings, renters should prepare for a financial commitment. Prices can be steep, with rentals skewing toward the high end of the market. This approach limits options for those who might prefer more budget-friendly alternatives.
Renters should also be aware that some agreements may involve long-term leases and potentially hidden fees, which could impact the overall affordability. According to Equity Residential's page, understanding all associated costs upfront is essential.
In comparison to other providers, alternatives like AvalonBay may provide better value for money, especially for those prioritizing flexible terms. Equity Residential is best suited for individuals or families who prioritize upscale living over cost considerations.
Pros
['Luxury apartments in prime locations', 'Strong customer service reputation', 'User-friendly mobile app for management', 'Wide coverage in major metropolitan areas', 'High rating with a large number of reviews']
Cons
['Pricing is on the higher end', 'Limited availability in smaller markets', 'Potential hidden fees not clearly disclosed', 'Long lease terms may be required', 'Not ideal for budget-conscious renters']
Watch out
Be mindful of potential extra costs not advertised upfront, such as maintenance fees.
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