Studio apartments will be smaller and a little compact when compared to your regular one bedroom apartments. But on the bright side, there are a number of good reasons to look for a studio apartment over going for your traditional mode of accommodation. Here are some reason why you should go for that small studio. Savings on rent: Taking up a one room flat is much more expensive than actually taking up a studio apartment. The rent in many ways is directly proportional to the square footage of your apartment and compared to a one bedroom, studios are much smaller. The savings will be upwards of a couple of hundred dollars while renting out a studio apartment. Savings on utilities: Studio apartments as mentioned earlier are designed to be very compact for the price. Thus, not only the rent is saved but also you will be saving up a lot on utilities especially, electricity. Since there is less room to light up, you will end up paying a lot less for that electricity bill at the end of the month. Savings on furnishing: Studio apartments are very less in square footage as compared to your regular one bedroom, hence this makes it a lot easier to furnish.