All dogs should get as much exercise as possible. A daily walk is sufficient for most breeds. But most small dog breeds, for example Toy dogs such as Pugs, Maltese or Yorkshire Terriers, will get the majority of their required exercise needs just be walking, running and playing around indoors.
Dogs with short coats also have another advantage. It is easier to find ticks and fleas on their body. You probably spend eight times as long searching for fleas and ticks on a dog with a long coat than you do on a dog with a short coat.
You do not have to have own a large house to own a large dog (although a tiny apartment is not going to be big enough for one of the giant breeds). If you can take him outside for a good hour of two of exercise every day... a large dog can live in a small house or apartment just fine.
Your dogs temperament should match yours. Do not choose a breed that is highly energetic if you are a couch potato. On the other hand, if you want a dog that will follow you everywhere around the house and who is always ready for a game of fetch or tug of war then you should consider a dog that is highly active and always has a lot of energy, instead of one of the lethargic breeds.