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490 Schooley's Mountain Road
Suite 10
Hackettstown, NJ 07840

FAX: 908.813.1880

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Three Things You Probably Didn’t Know About Corporate Housing

Posted on April 24th, 2015

furnished apartments for rentIf you’re searching for somewhere to stay for an extended trip, chances are you’ve come across corporate housing. You probably already know that because it’s typically cheaper than a hotel; it’s a popular option for companies and employees for extended housing either for a business trip or relocation. However, there is more to corporate housing rentals than just that. Here are three things you probably didn’t know about it.

1. They’re fully furnished apartments for rent
Corporate housing is actually defined as a furnished apartment (or house, or condo) that is made available for rent on a temporary basis, though usually for longer than a month. This means that unlike a hotel room, corporate housing rentals often have separate rooms for the kitchen, bedroom, bathroom, and living areas — all furnished. All of the furniture you’re going to need during your stay will be there.

2. They aren’t just for employees
Corporate housing isn’t just for employees, however. Most renters (32%) stay in corporate housing because they’ve relocated, but anyone who needs temporary housing could stay in a corporate housing rental. There are a number of reasons a person might need a temporary place to live, but since they’re furnished apartments for rent, they’re a good option. The average stay in corporate housing last year was 84 nights.

3. The amenities
Another aspect of corporate housing that you probably didn’t know is that most rentals offer additional amenities. There are usually cleaning services for a nominal fee, laundry on site, cable television, and wireless internet. There are also usually appliances in the kitchens and basic entertainment items like a television.

Corporate housing is becoming more popular, and more and more employees and companies are choosing it for longer-term stays. If you’re still looking for your temporary rental, keep in mind that corporate housing is usually furnished with amenities — and is not limited to businessmen.

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