What’s the difference between an apartment and a condo?
The biggest difference between a condo vs. apartment is ownership. An
apartment is defined as a residence that is rented, often as part of a larger
residential building. A condo is similar in structure to an apartment —
usually a unit within a larger residential building — but condos are owned
instead of rented. The property taxes of a condo are paid by the owner;
landlords, rather than apartment renters, pay property taxes for an apartment.
https://www.bankrate.com/real-estate/condo-vs-apartment/