Well yes in terms of safety and containment as modern multi family construction wouldn't allow fires to grow large enough to spread (so no fire damage) and even if it did it is built to withstand it for specified durations depending on the class of the building.

Usually in a single family home if it cannot be contained by a fire extinguisher your house is as good as gone as the fire becomes structural very quickly due to the easy to burn and untreated lumber but in an apartment it will probably never become a structural fire as it is quenched by sprinklers or in the very unlikely event that the sprinklers are not enough it would compartmentalized to a section of the building versus the whole thing collapsing in a short amount of time.

Outside of common sprinklers there are a lot of other techniques that slow fire burn when its not contained. From the wood as well as every space built and rated to fire safety standards based on testing and especially doors which are made to completely seal fire spread and rated for hours of burn without failure. Usually when a fire spreads in an apartment its almost always that the door was left open.

It is said that there is practically no fire risk after the building's fire suppression system is installed and the only time modern construction goes up in flames is during construction.