Short term rental options in New York

As normal rental agreements stipulate, short-term rentals are furnished self-contained apartments rented for short periods, usually monthly rather than yearly. Short term rentals are used as an alternative to staying in hotels.

In New York, short-term rentals are usually classified as stays lasting from 30 days to less than 12 months. Most landlords do not rent out their apartments and buildings to people who want to stay for less than a year, and it is illegal to do that.

What then is the solution to this? How do you find a place to stay when you are in New York for only a couple of weeks or months?

There are a host of options that have sprung up. You can opt to use a hotel if your trip lasts from a few days to more than a week, or you can choose an extended stay hotel if your trip will run longer. If you have family or friends in New York, you can couch-surf. Or you can get yourself an Airbnb if you want a more homey feel. You can also try co-living if you are staying for a few months. Coliving offers a sense of belonging, comfort, and community. You can search out coliving apartments in New York City by this link.

Whatever brings you to New York, you can be sure that you will be able to find a place to live and enjoy yourself for the duration of your stay.

6 Short Term Rental Options Available in New York City

The options listed below are the best options for you to stay in when you're in New York for a short time.

Couch Surfing

Yes, I know. This is not technically a rental option, but it is an option when staying in the city for less than 30 days. It makes economic sense for you to save money and crash with your favorite cousin, sibling, or high school friend you have not seen since graduation. It costs less, but do not forget the cardinal rule of couch surfing- you should contribute financially to the running of the house.

Hotels

Hotels are great. Hotels give you a place to stay, breakfast, cleaning services, free (or not) Internet, and a sense of safety and security. Depending on your budget and your location, you can lodge in any of the hotels around the city and enjoy being taken care of.

Hotels are ideal for when you are just passing through the city or intend to spend a few days or a little more than a week in the city. The average price of a hotel in New York City on a weeknight is $259.

Staying in a hotel that costs $259 per night for ten nights will set you back $2590 for accommodation alone, so if you are on a budget, you want to choose something that is cost-effective and won't leave you broke in the middle of your trip.

Hostels

Hostels are cost effective and a great way to meet people from all walks of life. There are not many hostels in New York anymore, because hotel owners used an old law to get hostel owners to shut their hostels down. Now, it is more likely that when you do find a hostel, it is fully booked.

Nevertheless, there are hostels, and they are cheaper than hotels. So if you are a student, a backpacker, or a digital nomad, you can find a hostel that suits your needs. The price range for dorms is from $35 to $100, while private rooms start from $120 in some dorms.

Extended Stay Hotels

These are hotels designed with all the basic amenities and facilities, and they are a great choice for travelers and people that are not staying long in the city because they cost less than renting a house.

This is because extended stay hotels discount your stay, so you end up spending less than you would have if you were paying per night in a normal hotel. Extended Stay Hotels are great because you get all the amenities, you do not have to worry about things like utilities and buying groceries, and you can stay as long as you like.

It would be ideal for picking an extended stay close to wherever you work or whatever has brought you to the city so you can also save on transportation costs.

Apartments

Finding an apartment for a short term rental in New York is like finding a needle in a haystack, but it is doable. There are so many obstacles, but there are still landlords willing to rent out their apartments for the short term.

You should beware of scammers, though, as those abound in droves on the Internet. One way to identify the scammers is the fear tactic they use on prospects, where they make you rush by telling you to pay a deposit sight unseen.

Coliving

Coliving is a residential community living model where three or more biologically unrelated people live together in the same place. It offers connection, belonging, and a sense of safety and family for residents of a coliving space.

Coliving is really popular these days, as it allows people to develop communities and live with people who have similar beliefs and value systems. It can help build your connections in a new city both socially and professionally.

There are a lot of coliving companies offering a variety of coliving options. These companies handle the onboarding process, and payments go directly to the companies, reducing the risk of roommate clashes and awkward confrontations when the rent is due.

Some companies also handle things like grocery shopping for their clients, leaving them free to focus on their work without stress.

Conclusion

There are a variety of short term rental options for visitors to New York spread across the city from end to end. Whether you're in New York for business or pleasure, you can enjoy the many options the city provides.