What is the difference between condos and apartments?

The main difference comes down to ownership. Condominiums are owned by individuals and rented out privately (aka your landlord). In contrast, apartments are generally owned by property management companies (aka those private equity giants like Blackstone) who rent and manage all the units, creating a more standard approach and leasing process.

Which one is a better fit for me?

With condominiums, rent can include a parking fee, utilities and wi-fi. There is also an opportunity to negotiate rent prices. it is important to establish a good relationship with the individual owner.