I can't really give IKEA less than 5 stars because all of the furniture in my apartment, minus a couple pieces from Crate and Barrel, come from this amazing store.
It's not amazing quality, but I mean what do you expect when you can get it so incredibly cheap!! IKEA is definitely made for apartments. Let's face it, if you had the money and a large house you wouldn't be in IKEA, but man if you have a small apartment, IKEA is the place for you!!! The reason for this is that their furniture is smaller, with clean lines. You can't have giant fluffy beds in a studio apartment, but you can have a MALM bed and it fits perfectly!
Also as a tip, the lighting is super cheap and looks nice!! Lamps are way more expensive than I ever knew, and overhead lighting is as well. Definitely check out that section!