Are Short-Term Leases an Option for Tenants?

Short Term Lease

While some tenants stayed and worked from their existing homes during the pandemic, others changed locations. Why stay stuck in an apartment in a city if you have the option to work from a mountain cabin for a few months and then do the same in Florida? This experience has shown that some jobs can be done from anywhere, and some tenants do not want to commit to a 12-month lease. As a result, there is growing trend in short-term leases as an option for some traditional tenants.

Short-term leases an option for tenants

What is a short-term lease?

  • Flexible 1-12 months; falls between Airbnb/hotel and a traditional apartment.
  • Rate is higher than a traditional lease.
  • The longer you stay, the lower the rent.
  • May not require Security Deposit.
  • Application process: pay stubs, photo id, background check, credit check.
  • Fully furnished options.
  • Starting in higher-end, big cities.

short-term leases an option for tenants

Advantages of a short-term lease

Flexible

  • Try something new: big city, beach community, mountain town, etc.
  • Lease month-to-month.
  • Move-in/move-out quickly.

Work/Life Balance

  • Live somewhere that makes you happy while keeping your job.
  • Live in affordable areas while working for a company based in an expensive city.

Who provides short-term listings?

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Summary

  • Furnished: including smart TVs, stocked kitchens, linens/towels, and toiletries.
  • Min. stay of 30-days

Region

  • 15 cities in U.S., Europe, and the Middle East

Visit


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Summary

  • Furnished, unfurnished, partially furnished
  • Shared apartment option targeting younger generations.
  • Stay 1-18 months without a lease

Region

  • 6 major cities in U.S.

Visit


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Summary

  • Furnished: including smart TVs, stocked kitchens, linens/towels, and toiletries.
  • Stay 1-12 months without a lease.
  • Transfer between properties in the Landing network in the U.S through the Landing Membership.

Region

  • 200 cities in U.S.

Visit

Checkout info on Late Fees and Saving Money Before Signing a Lease

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