There are many things to love about corporate housing, reliable tenants, and a stable rental income, among them. The question on most property managers’ lips is this: How can I break into the corporate housing market, and where can I list my property for corporate housing?
In this article, we will be exploring what corporate housing is, its benefits, challenges, where to list your properties, and how to keep them safe.
What is corporate housing?
Corporate housing, also referred to as executive housing or a company let, is a kind of mid-term housing arrangement specifically for renters who must travel or relocate temporarily for work. For the renter, this provides a number of advantages: instead of staying in an impersonal hotel room, for example, they can spend their time in a fully-furnished let that they can actually call home.
Usually, corporate lets last a month or more, and costs are covered by the company. The client base for these kinds of lets can also be quite varied, ranging from government workers to intern groups, all the way to traveling business people and military personnel. These guests usually make reliable, quiet tenants, unlike the party crowds you might get with vacation rentals.
Take a look at these 10 “must-have” clauses to include in your mid-term rental agreement.
How is corporate housing priced?
Corporate housing is usually understood to be a more cost-effective option for the tenant, especially when compared to a hotel.
Corporate housing pricing varies by location and property size. For example, a three-bedroom corporate rental in San Francisco averages $332 per night, while a similar property in Munich averages $290 per night.
To put this in perspective: if a three-bedroom property is priced at $150 per night ($50 per bedroom), that yields approximately $4,500 per month — significantly higher than typical long-term rental rates while requiring less turnover than short-term vacation rentals.
What is the difference between a short-term rental and a mid-term rental?
Corporate housing falls into the mid-term rental (MTR) category, typically lasting 30 days to several months. Understanding how MTRs differ from short-term rentals (STRs) helps explain why corporate housing offers unique advantages for property managers.
Beyond their profitability, there are a few other differences between mid-term rentals (MTRs) and short-term rentals (STRs) that are relevant to consider when it comes to managing a property.
MTRs tend to tap into a more niche market and client base than STRs.
This can be a huge benefit for property managers, as the market for MTRs is often considered to be under-exploited by rental experts.
There is good evidence to support this claim, including analyses like Intellihost’s, which pointed out that MTRs boast a 51% rate of occupancy compared to STRs’ 31%. This can provide a great sense of stability for MTR owners, as well as some much-needed peace of mind.
Corporate housing represents a particularly stable segment within the MTR market. Business travelers, relocated employees, and professionals on temporary assignments create consistent demand that’s less affected by tourism seasonality than traditional vacation rentals.
Owning a STR also requires a lot more time and dedication than a MTR.
While managing an STR, property managers have to worry about the constant switch-out of guests, expensive cleaning, and the occasional unplanned party.
This doesn’t apply when it comes to managing MTRs.
In these types of properties, switch-overs between guests are much less frequent, deep cleans are only provided occasionally, and your guest pool is composed of professionals rather than partying vacationers.
For this reason, it’s very important to remember that guests at an MTR will have different requirements than guests at an STR. While the latter are there for a short time only, MTR guests will want to make a home out of your rental for a month or more.
For this reason, your MTR needs to be set up for traveling professionals. Including a work area and high-speed WiFi, for example, can make all the difference while making an MTR feel like a truly comfortable space.
What are the pros and cons of corporate housing?
A lot of the pros associated with corporate housing are the same as those associated with MTRs in general. That said, corporate MTR rentals do have a number of benefits of their own, including:
- Guarantees a professional client. One of the best parts of corporate housing is that you know exactly what type of person you will be renting to. Their association with a particular company can also provide a certain sense of security that is not often found with other types of tenants.
- Highly profitable. As previously mentioned, corporate MTRs will usually net higher profits than traditional long-term rentals.
- Stable. Corporate MTRs can be particularly stable rentals, especially in cases where your tenant travels to the same city often. If they feel at home at your rental, it’s likely they’ll seek it out again. Corporate MTRs also allow property managers the possibility to make connections and deals with interested corporations or government entities, which might provide you with a steady stream of clients from a trusted source.
- Great for properties in big cities or industry centers. Corporate housing is particularly successful in areas where people tend to travel for work, such as big cities or business centers. This can make corporate MTRs a great way of expanding your portfolio in cases where the focus has previously been on holiday lets or resort settings.
But of course, all rental strategies have their downsides. Before jumping into the deep end of the corporate housing market, it would be wise to consider the following:
- Higher cost of entry. Due to the markets in which they operate and the fact that they have to be fully furnished and, ideally, include amenities such as high-speed WiFi, corporate housing can have a higher cost of entry than other kinds of rentals.
- VIP clients. It’s important to note that some companies only invest in corporate MTRs for their most senior employees. For this reason, some corporate clients expect high-quality services and treatment from their property managers. If you are planning on catering to this kind of client, make sure that your property has all the proper amenities and take extra care to communicate with your client and their company to understand what their expectations are from the rental and yourself. (And always remember that luxury treatment comes with a luxury price!)
- Professional listings. While keeping a professional-looking listing is important for every kind of rental, it’s especially important when it comes to corporate MTRs. Remember that your clients are professionals looking for a temporary home, so property managers must make sure their listing reflects that. This can involve investing in a professional photographer to take pictures of your property, making sure to highlight amenities such as washer-driers, microwaves, and dishwashers. Once again, this can add to potential overhead costs.
- Not appropriate for all markets. Just like MTRs fare particularly well in business centers and large cities, they are not great options for resort or holiday markets, where employees are less likely to be sent for work.
What are the requirements for corporate housing?
Corporate housing requires more preparation than traditional rentals, but meeting professional standards attracts higher-quality tenants and justifies premium rates.
Property standards
Corporate clients expect move-in-ready properties with professional presentation. This means fully furnished spaces with quality furniture, complete kitchen equipment, fresh linens, and functional workspaces. Properties should include high-speed WiFi, dedicated work areas with proper lighting, and ergonomic seating—essentials for professionals working remotely.
Cleanliness standards exceed typical vacation rental expectations. Corporate tenants are accustomed to hotel-quality presentation and will notice details like fresh paint, working appliances, and well-maintained fixtures.
Essential amenities
Successful corporate rentals provide:
- Reliable high-speed internet (minimum 100 Mbps)
- In-unit washer and dryer
- Full kitchen with dishwasher, microwave, cookware
- Smart TV with streaming capabilities
- On-site or nearby parking
- Climate control (heating and air conditioning)
- Workstation with desk and ergonomic chair
Location considerations
Corporate housing performs best in locations convenient for business travelers. Properties near major employers, business districts, hospitals, universities, or transportation hubs attract consistent demand. Even suburban locations succeed if they’re accessible to corporate centers or industrial facilities.
Professional listing requirements
Your listing must reflect professional standards. Invest in professional photography showing the property’s workspace, amenities, and overall layout. Write detailed descriptions highlighting business-friendly features. Include specific information about internet speed, workspace setup, parking availability, and proximity to major employers or business districts.
Legal and insurance requirements
Check local regulations for mid-term rental requirements, which may differ from short-term rental rules. Some jurisdictions have specific corporate housing regulations or tax treatments. Ensure you have appropriate insurance coverage for furnished rentals—standard landlord policies may not cover furnished properties or month-to-month tenancies.
Meeting these requirements positions your property competitively in the corporate housing market and justifies the premium rates corporate clients expect to pay.
What are the 5 best platforms to list a corporate mid-term rental?
You’ve got several options for listing corporate housing, from specialized platforms to general mid-term rental sites. Some focus specifically on corporate clients, while others cast a wider net. We’ll break down the best platforms based on your property type, location, and how hands-on you want to be with tenant management.
1. Corporate Housing by Owner
Commonly known as CHBO, this platform is the largest provider of corporate rentals in the United States and Canada. It’s quick and easy to set up a listing here, and it also allows for quite a bit of flexibility compared to other similar sites. For example, CHBO allows property managers to contact potential renters before finalizing a reservation, giving them the chance to get a feel for their circumstances and build a trusting landlord-tenant relationship.
Annual plans at CHBO start at $399, and they’ll extend your annual listing plan for an additional 6 months free of charge if you are unable to rent your property within 30 days.
2. Furnished Finder
While not as specifically targeted towards corporate bookings as other sites, Furnished Finders is still very much worth your time. With 15 million annual users, many professional renters do find their homes-away-from-home using this well-established platform.
Like CHBO, this site gives property owners full control over their rates and tenant contact, meaning you get to decide how much you will be making and who you will be hosting. Additionally, Furnished Finders does not charge commissions or booking fees, meaning you keep 100% of the rent, 100% of the time.
3. National Corporate Housing
With its headquarters in Denver, Colorado, National Corporate Housing has been working for 26 years to provide temporary housing across the United States, Canada, Asia Pacific, Europe, and the Gulf region. They are well-known for their impeccable customer service and their travel specialists who guide tenants through every step of the rental process.
To list with them, you must contact the National Corporate Housing team through their online form and wait for a member of their team to contact you. Once they do, you can rest assured that they’ll manage the leasing process for you — perfect for property managers looking for a more hands-off rental experience.
4. Blueground
Blueground is the perfect rental platform for property managers with new (or newly renovated) unfurnished properties in their portfolios. When you use this platform, everything is covered: from listing and managing your property all the way to furnishing it and, of course, finding the best corporate tenants to live in it.
Its rental guarantee is also a fantastic boon, as it means the platform will pay you every month regardless of whether your property is empty or not. This makes Blueground a great option for property owners looking for a low-maintenance rental process.
5. Atease
Geared specifically at hosting government workers, Atease is a platform where military personnel, federal and state employees, veterans, first responders, and government contractors can find short or mid-term rentals that fit their needs. This makes for a reliable pool of clients to draw from as a property manager.
To list your property at Atease, you must pick a plan and undergo a property inspection that will check whether your property is appropriate for government workers. Once your property is deemed government-approved, it will be added to Atease’s listing pool.
Or try direct bookings!
One of the best ways to maximize your profits from a corporate rental is to incorporate direct bookings to your marketing strategy. This can be easily accomplished by making a website for your property. Once you have built up a trusting relationship with a tenant, it can be a good idea to direct them to your property’s website for any future bookings, perhaps offering a discount or other perk if they use it instead of a third-party website.
Alternatively, you can also explore more of our top mid-term rental platforms for corporate housing to maximize your listing visibility.
How can you safely rent out a corporate mid-term rental?
Corporate housing can be stable and reliable, but you still need to watch out for fraud and bad actors. Here’s how to protect yourself and your property.
Verify the company is legitimate
Before accepting any bookings, make sure you trust the company you’re working with. Some red flags to watch for:
- Companies that won’t provide verifiable contact information
- Requests to communicate only through email or messaging apps
- Payment methods that seem unusual or hard to trace
- Companies with no online presence or reviews
If something feels off, trust your instincts and ask for additional verification before moving forward.
Screen your corporate tenants
Even though corporate tenants are generally professional, it’s worth investing in tenant screening. Truvi’s Guest Screening Service protects your property by validating private information like a guest’s name, email, and address.
This matters especially for corporate rentals since tenants stay for extended periods. With Truvi’s screening, you can flag suspicious bookings, check guests against an internal watchlist, and protect yourself against last-minute bookings that might be fraudulent.
Protect your property from damage
You can require security deposits, which give you funds to cover any damage or extra cleaning costs. But there are other options too. Some corporate housing owners also look into rental insurance for additional protection, but if traditional insurance doesn’t fit your needs, there are other options.
Truvi’s Damage Protection covers up to $1M in damage and handles the incident process for you. You can expect quick decisions on incidents, usually within 5 business days, all managed through Truvi’s swift Resolution Process.
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Start listing your corporate housing today
Corporate housing can give you steady income and professional tenants, but success depends on choosing the right platforms and protecting your properties. Whether you list on specialized sites like CHBO or try direct bookings, make sure you’re screening guests and have damage protection in place.
Ready to get started? Pick 1-2 platforms that match your property and market, set up your listings, and don’t forget to add guest screening and damage protection to keep your business running smoothly.
Ready to list corporate housing with confidence?
Protect your properties with Truvi’s Guest Screening and Damage Protection. Screen guests before they book and get up to $1M protection for any damage that occurs.
