I have a recumbant bike and a tread mill. I alternate between the two each day. I have had an upright bike, but I prefer the recumbant - again, just my opinion.
My tread mill is a bit wider than the bike, but they are almost the same length, so I think that if you can get a recumbant bike in your apartment, you should be able to get a tread mill in there. As far as workout, you burn off almost twice as many calories with the tread mill in the same amount of time as you would on a bike. The calorie counters on the machines aren't 100% accurate, but they do give you an idea. For example, on my treadmill, in a 1/2 hour at 6.1 mph, I burn off approximately 700 calories. On the recumbant bike, in the same time period, at 80 rpm, I burn off about 400 calories.
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