Forgive me for my ignorance, but if you are apartment living, what are you using the compost for? Do you have enough plants for it? Or a garden?
I ask because I live in an apartment, as well, and I have wanted to compost for a long time, but without a garden, I didn't see the point. I do have lots of plants on my balcony, however. I also heard that many cities/communities give away small composters for free or at a discount. I should look into it here.
EDIT: Er, I just saw that you are moving into a house. Somehow that part missed my attention. Heh. Sorry!