Types of Furnished Home Rentals: Short-Term, Mid-Term, and Long-Term: All You Need to Know

Understanding the different types of rental properties—short-term, mid-term, and long-term—can help you make informed decisions whether you are a traveler looking for temporary accommodation or a property owner exploring rental options. This article covers the essential aspects of each rental type and highlights why mid-term rentals might be the perfect solution for many. A “Comprehensive Guide to Rental Types: Short-Term, Mid-Term, and Long-Term Rentals.” Discover the differences between short-term, mid-term & long-term rentals and learn why mid-term rentals are becoming a popular choice for digital nomads.

Types of Luxury Home Rentals in Los Angeles

1) What Is A Short-Term Rental:

Furnished properties available for as little as one day, often listed on platforms like Airbnb or Vrbo. Typically booked by vacationers.

Benefits of Short-Term Rentals:
– Flexibility: Ideal for vacations, weekend getaways, or short business trips.
– Convenience: Fully equipped and furnished, often with amenities such as kitchens and laundry facilities.

2) What Is A Mid-Term Rental? In the realm of rental properties, much attention has been given to short-term and long-term rentals. Short-term rentals, like those listed on Airbnb and Vrbo, offer flexibility and convenience for travelers, while long-term rentals provide stability for those looking to settle for a longer period. But what about those who need a place to call home for a few months? This is where mid-term rentals (MTRs) come into play. Mid-term rentals are fully furnished properties available for 30 days or more. They bridge the gap between short-term flexibility and long-term stability, catering to those in transition, such as professionals on work assignments, relocating families, or individuals facing personal circumstances that require temporary housing.

Benefits of Mid-Term Rentals

1- Quality Tenants: Unlike short-term renters, mid-term tenants are often professionals, digital nomads, or families who need a stable living situation. This means fewer parties and less wear and tear on your property.

2- Reliable Income: With mid-term rentals, you can secure tenants for longer periods (often 3 months or more), ensuring a steady stream of income without the high turnover of short-term rentals.

3- Reduced Maintenance: Mid-term tenants are there to live, not just stay. They tend to take better care of the property, reducing maintenance costs and frequent repairs.

4- Avoid Regulations: Many cities have stringent regulations on short-term rentals. Mid-term rentals often bypass these, avoiding hotel taxes and other restrictions.

5- Enhanced Neighborhood Relations: With less frequent turnover and professional tenants, mid-term rentals are less likely to disrupt the neighborhood, making them more HOA-friendly.

Who Are Mid-Term Rental Travelers?

1- Traveling Medical Professionals: Often working at hospitals on temporary contracts, these professionals usually stay for about 13 weeks, sometimes extending their contracts.

2- Business Professionals & Digital Nomads: With the rise of remote work, many professionals travel and work from various locations for months at a time.

3-  Relocating Families: Families in the process of moving, buying, selling, or renovating their homes often need temporary housing.

4- Academics: Professors and students in training programs or internships need temporary housing, usually for a semester or the duration of their program.

5- Insurance Placements: Families displaced by natural disasters or home damages often require mid-term housing covered by insurance.

Setting the Right Rental Price for Mid-Term Rentals
Mid-term rentals typically command higher rents than long-term rentals but are lower than short-term rates. They offer a balance of higher cash flow without the high setup and operating costs of short-term rentals. A good benchmark is 1.5-2 times the long-term rent, depending on the market, property size, and seasonality.

Maximizing Your Time and Protecting Your Property
Focusing on mid-term rentals can significantly reduce the time spent managing your property. With fewer tenants and longer stays, you can enjoy consistent occupancy and reliable income. Moreover, mid-term tenants tend to take better care of the property, ensuring it remains in good condition. By shifting your focus to mid-term rentals, you can enjoy the best of both worlds—flexible yet stable rental income, reduced maintenance costs, and high-quality tenants who treat your property with care.

3) What Is A Long-Term Rental: Long-term rentals are typically unfurnished properties rented for 12 months or more. They are suitable for individuals or families looking for a permanent residence.

Benefits of Long-Term Rentals
– Stability: Provides tenants with a long-term home.
– Lower Turnover: Less frequent tenant changes compared to short and mid-term rentals.

Los Angeles Luxury Home Rentals by LUXJB: Your Premier Choice For All Types of Rentals in Los Angeles, CA

At LUXJB, we specialize in offering luxurious mid-term rentals in Los Angeles and Beverly Hills that cater to a variety of needs, from traveling professionals to relocating families. Our luxury rentals are available for short, mid, and long-term stays, fully furnished, and come with a dedicated staff, including housekeeping services. All our mansion rentals are gated, located in safe, elegant, and family-friendly neighborhoods, yet close to all major attractions.

Our Los Angeles short term rentals are business-friendly, featuring luxury amenities including gyms, saunas, heated pools, jacuzzis, movie rooms, high-speed Wi-Fi, and free parking. Each luxury home, private vacation home, and mansion rental is designed to provide an exceptional living experience, combining comfort with the utmost in luxury.

With a portfolio of spectacular private vacation homes, LUXJB continuously elevates the standards of the hospitality industry. Our properties include luxury short-term rentals and brand new mansions in Beverly Hills. 

Offering resort-style luxury living in LA, world-famous venues just steps away. Staying in a private, fully staffed villas allows travelers to have privacy and the flexibility of having a place to call their own; space to stretch out and the freedom to come and go as they please.

Why Choose Luxjb For Your Short-Term Or Mid-Term Stay In Los Angeles, Ca?

• Luxury and Comfort: Our both short-term and mid-term rentals feature high-end furnishings, fully equipped chef kitchens, heated private pools, and hot tubs.
• Professional Staff: Enjoy the convenience of housekeeping services and in-house chefs.
• Prime Locations: All our Los Angeles mansion rentals are gated, located in safe, elegant, and family-friendly neighborhoods, yet close to all major attractions.
• Business-Friendly: Amenities include gyms, saunas, movie rooms, high-speed Wi-Fi, and free parking.
• Flexible Terms: Whether you need a short-term rental for a vacation, a mid-term rental for a temporary work assignment, or a long-term rental for a more permanent stay, we have you covered.
• No Commissions! We cut the Middleman!: You can book directly our short-term rentals near Los Angeles, CA and skip commissions. Booking with LUXJB means there’s no middle-man; you are DIRECTLY in touch with the owners and will avoid commissions. LUXJB is the one and only online booking platform and an alternative to Airbnb, allowing guests to book directly with the owners. You can skip paying 15% commissions that come with Airbnb and other rental platforms.