After our move to the apartment, we really had to downsize our things. We went from a 3 bedroom, 2 1/2 bath, 2 car garage house to a 2 bedroom 1 bath apartment. One of the areas we suffered greatly in was storage, especially in our bedroom. My solution was to utilize our oversize nightstand drawers as clothing drawers. Both my husband and I now use them for socks and undergarments. The picture above is from the furniture website of my actual nightstand. Many of today's designs are large enough to do this with, We also now have under the bed boxes for seasonal items, as we now share one closet.
For other great tips, check out We Are That Family!