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Apartment complexes: Lyric (Apartment hotels, various locations) vs. WeLive (WeWork's residential brand, various locations)

Quick Verdict

Both Lyric Apartment Hotels and WeLive offer furnished apartment options with a focus on community and convenience, but they cater to slightly different needs. Lyric provides a wider range of apartment sizes and locations, while WeLive emphasizes flexible lease terms and organized community events. The choice between the two depends on individual preferences regarding location, lease flexibility, and community engagement.

Key features – Side-by-Side

AttributeLyric (Apartment hotels, various locations)WeLive (WeWork's residential brand, various locations)
Apartment Size OptionsStudios to four-bedroom units, shared units accommodate up to eight people
Furnishing OptionsFully furnished (basic necessities, kitchenware, bedding, towels)
Included UtilitiesUtilities included in rent at some locations; monthly fee covers high-speed Internet
On-Site AmenitiesGym, co-working spaces, communal kitchens, laundry rooms (equipped with game areas), roof decks, hot tubs (sometimes), wellness rooms, coffee shop/restaurant (select locations)
Apartment AmenitiesNot available
Security MeasuresCameras, on-site security, key card systems for apartment access
PriceNot available
Lease TermsMonth-to-month and yearly leases
Pet PolicySome locations are pet-friendly
Community EventsOrganized community events such as happy hours, Sunday-night suppers, and game nights; access via mobile app

Overall Comparison

Lyric Apartment Hotels: Prices range from $1,337 to $8,345 across various cities. WeLive: Studios started at $3,091 in 2021 in NYC.

Pros and Cons

Lyric Apartment Hotels

Pros:
  • Many locations are pet-friendly (restrictions and fees apply)
  • Good access to public transportation in urban areas
  • Close proximity to shopping, dining, and entertainment options
  • Responsive management (some locations offer 24-hour maintenance)
  • Engaging community activities
  • Free Wi-Fi often available
  • Some locations offer free parking
Cons:
  • Pet policies vary by location; some do not allow pets
  • Pet restrictions on aggressive breeds and weight limits may apply
  • Renters are often responsible for all utilities
  • Base rent may not include all fees and utilities
  • Recording devices are sometimes located on the exterior of the property

WeLive (WeWork's residential brand, various locations)

Pros:
  • Flexible lease terms
  • Fully furnished apartments
  • Included utilities
  • On-site amenities (gym, co-working spaces, etc.)
  • Organized community events
  • Pet-friendly options
  • Good location and accessibility to public transportation (select locations)
  • Full-time community concierge
Cons:
  • Cost of living may be higher than advertised rent
  • On-site parking may not be available at all locations
  • Month-to-month leases might incur hotel occupancy taxes

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