First, we have to know the meaning of the CAPITALIZED word. Webster's Dictionary defines luxury as material object, service, etc., conducive to sumptuous living, usually a delicacy, elegance, or refinement of living rather than a necessity. To simplify, a luxury apartment would have a kitchen and bathroom that is of a higher quality than most houses. It is easy and simple to rent a basic apartment in Boston. However, in order to find and rent a luxury apartment, one must obtain the help of the rental leaders at a prestige apartment rental agency.