5 Categories of People Who Can Benefit from Mid-Term Rentals
Mid-term rentals typically last from one to six months and offer a flexible and convenient housing solution for various individuals and groups. Mid-term rentals can be the perfect fit if you are transitioning between homes, on a work assignment, or need temporary accommodation for another reason. Let’s explore five categories of people who can significantly benefit from mid-term rentals.
- Business Travelers and Professionals 💼
Business travelers often need housing for projects, training, or temporary assignments that last several months. Mid-term rentals provide a comfortable, home-like environment, making it easier for professionals to stay productive and relaxed. According to the Corporate Housing Providers Association (CHPA), the average corporate housing stay is around 83 days, aligning perfectly with mid-term rental durations. Business travelers can save up to 30% compared to hotel stays of the same length.
- Relocating Families 🏠
Families moving to a new city often need a temporary place to stay while searching for a permanent home. Mid-term rentals offer the flexibility and comfort needed during this transitional period. Key features include space and comfort, pet-friendly options, and proximity to schools. The U.S. Census Bureau reports that over 31 million people moved within the U.S. in 2020, many of whom required temporary housing solutions. The average home search duration is about 10 weeks, making mid-term rentals a practical choice.
- 3. Students and Interns 🎓
Students and interns often need temporary housing for a semester or the duration of an internship. Mid-term rentals provide a cost-effective and flexible solution. Key features include affordable rates, study-friendly environments, and proximity to universities and companies. The National Center for Education Statistics (NCES) indicates that there are approximately 20 million college students in the U.S., many of whom require temporary housing each year. Most internships last between three to six months, perfectly aligning with mid-term rental options.
- Medical Professionals and Patients 🏥
Medical professionals on temporary assignments or patients undergoing long-term treatment can greatly benefit from mid-term rentals, offering a stable and comfortable place to stay close to medical facilities. Key features include proximity to hospitals, comfort and privacy, and a supportive environment. The American Hospital Association (AHA) states that there are over 6,000 hospitals in the U.S., many of which host temporary medical staff or treat out-of-town patients. Travel nurses often take assignments lasting 13 weeks, fitting perfectly with mid-term rental durations.
- Seasonal Workers and Travelers 🌍
Seasonal workers, digital nomads, and long-term travelers often need housing for several months. Mid-term rentals provide the flexibility and amenities needed for an extended stay. Key features include all-inclusive rates, flexibility, and a community feel. Statista reports that there are approximately 4.8 million digital nomads in the U.S., many of whom require mid-term rentals. Many seasonal jobs last between three to six months, making mid-term rentals an ideal housing solution.
In conclusion, mid-term rentals offer a flexible and convenient housing solution for various individuals and groups, including business travelers, relocating families, students, medical professionals, and seasonal workers. By providing a home-like environment with essential amenities, mid-term rentals cater to the unique needs of each category, ensuring a comfortable and productive stay. Check out some of our midterm rental apartments here.
