Studio apartments and loft apartments both share an absence of dividing walls and carry a strong demand among the young professionals. Selecting between a studio and a loft apartment can sometimes be complicated since there are some similarities between these two types of property.

Size
The most noticeable difference between a studio and a loft is size.

By definition, Studio apartments are small and compact with an average size of around 500 square feet. Studios are also known as bachelor apartments which are essentially one room apartments that merge living, bedroom and kitchen areas into a single open space. Studios lack the separating walls that traditionally divide a bedroom in order to maximize the efficiency of their limited size.

In contrast, loft apartments are extensively larger and have no real limits in terms of their square footage. From a single storey, 1,400 square foot apartment to a sprawling 3,400 square foot unit spanning several floors. Loft apartments are larger than studios but are also bigger than your normal apartment.

Another major difference between a studio and a loft are ceiling heights. In studios, you’ll typically find the standard eight or nine-foot ceilings, while loft ceilings are no less than ten feet and can often reach as high as seventeen feet.

Features and Finishes
The design feature that makes lofts stand apart is their industrial finishes, which can range from exposed brick and piping to wooden beams and factory windows. Loft apartment has tall lofty ceilings (hence their name),

While not true of all lofts, studios hardly ever contain such upscale or industrial-inspired designs and finishes.

Cost
When it comes to price, studio apartments are very much economical and affordable. Loft apartments are quite expensive in comparison, mainly genuine hard lofts.

Studios are also considerably less expensive when taking into account monthly utility bills due to their smaller size. On the other hand, loft apartments require far more electricity, heating, gas, etc.

You can also expect to shell out more on furnishing a loft than a studio, because of their far larger interiors. When it comes whether to buy or rent between the either of two, the price is often the largest influential factor.

Benefits
If you have a tight budget and are looking for a cherished abode with easy upkeep, a studio is a perfect option. If the currency is less of an object and open, flexible spaces with industrial features with unique character are what you are looking for, a loft could be an ideal option.