The first thing that probably pops into your mind when you hear the word “corporate housing” is a businessperson decked out in their professional suit, briefcase in one hand and a plain black suitcase in the other, obviously on a business trip and checking into an apartment.
Corporate housing isn’t just for working professionals, it also provides those looking for a short-term rental, whether you’re exploring a new location before moving, taking an internship for a few months, or simply in between homes. So, a corporate apartment may be the right place for your needs. Let’s find out.
What are corporate apartments?
A corporate apartment, or corporate housing, is a short-term rental designed for business travelers, independent contractors, college students, and persons on long-term vacations, among others. They’re a temporary housing option that gives people the opportunity to rent a fully furnished apartment for a short time.
Corporate housing companies typically offer flexible, short-term leases for prospective tenants. This means you won’t be tied down to a long-term lease, especially if you’re going to be living in an area for only a few weeks or months. These units are fully furnished apartments, so you won’t have to purchase or rent furniture for the space. Additionally, utility costs are often included in the monthly rent cost.
What are the differences between corporate and furnished apartments?
Corporate housing and furnished apartments are similar in a lot of ways, but they do have slight differences. They both come fully furnished with common household items like beds, couches, and dining utensils, just to name a few. They also offer short-term lease options, ranging anywhere from weeks to months.
However, furnished apartments come in many variations – fully furnished, furnished, and partially furnished, which signifies how much the apartment is furnished. Corporate housing has all the things you would need for your short-term housing option. A furnished apartment may also offer you the option for a longer lease, typically longer than two to three months, unlike corporate housing, which is meant for shorter-term stays.
Can anyone rent a “corporate apartment?”
Yes, anyone can rent a corporate apartment, even if you aren’t on a business trip. While they may initially appeal to the corporate traveler, this short-term rental option can work great for anyone deciding whether to move to a city, stay in an area on a long vacation, or for other reasons.
Reasons to rent a corporate apartment
Besides the obvious business travelers, there are many other people who may benefit from a corporate housing option. For example, if you’re staying in Nairobi, for the holiday, this can be a great option to consider rather than subleasing a unit or renting an unfurnished apartment. If you’re new to a city and deciding where you want to live, are in between selling your home and buying a new place, or have been displaced by a natural disaster, this temporary housing option may be a good option.
