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The Rise of Monthly Rentals on Airbnb: What Attracts More Tenants

With recent regulatory changes limiting Airbnb rentals to 31 days or more due to licensing issues, the market for monthly rentals on the platform is set to expand. This means more opportunities for renters to find accommodations available for 32 days or more.

21/06/2024 - For property owners, the benefits of long-term rentals include more predictable income streams, improved guest management, and reduced turnover costs. However, the challenges lie in consistently attracting reliable guests and securing consecutive bookings without long vacancy periods between rentals.

Among the attractive benefits for guests are substantial discounts for extended stays, often up to 50% off regular prices:

Benefits of Monthly Rentals on Airbnb:

  • Cost Savings: Significant discounts compared to short-term stays, making it an economical option even for shorter durations.
  • Fully Furnished: Comfort during long-term stays without needing to buy furniture or set up utilities, ideal for those relocating or traveling light.

  • Flexibility: Perfect for digital nomads and remote workers, allowing them to live in different cities, one month at a time.
  • Credit Card Points Accumulation: Earn rewards through credit card bookings, adding value for frequent travelers and points enthusiasts.

Learn more about the benefits and considerations of monthly rentals on Airbnb on NerdWallet.