Vacation Rental VS Long-Term Rental Properties

Vacation rentals and long-term rentals differ significantly in several aspects. Short-term vacation rentals cater to travelers for brief stays, typically days to weeks, ideal for holiday or trip lodging. Long-term rentals, on the other hand, accommodate extended housing needs spanning months to years. Vacation rentals come fully furnished, while long-term rentals may or may not be furnished based on the lease. Pricing differs with vacation rentals commanding higher nightly rates and long-term rentals offering competitive monthly rates. This article will cover in detail each of the benefits and challenges.