Rental units are residential spaces that individuals or families can lease for a specified period, typically ranging from a few months to several years. These units can include apartments, condos, townhouses, or single-family homes. Renters pay a monthly fee to the property owner or management company in exchange for the right to live in the unit. Rental units often come with various amenities, such as access to laundry facilities, parking, and recreational areas. The terms of the lease agreement outline the responsibilities of both the renter and the landlord, including maintenance, utilities, and rules regarding pets or alterations to the property.