The studio apartment is an apartment with a single room. These kinds of apartments typically consist of one large room which serves as the living, kitchen, dining, and bedroom. Some studio apartments may also feature a balcony or terrace. This type of property is an ideal place for rent if you are a solo traveler, couple or 2 friends. Some studios may even have enough space for an extra bed so it may also be suitable for 3-4 guests or a family with a child.