Long-term Airbnb rentals: What to know about discounts, fees, and cancellation policies (2024)

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  • Many Airbnbs offer discounted rates for monthlong and weeklong stays.
  • Airbnb also has a separate search portal specifically for sublets.
  • We break down key info on booking long-term Airbnbs, including fee and cancellation policies.

Long-term Airbnb rentals: What to know about discounts, fees, and cancellation policies (1)

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Long-term Airbnb rentals: What to know about discounts, fees, and cancellation policies (3)

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If you're thinking about relocating your home office, you're not alone. According to Airbnb, more travelers are now searching the platform for stays longer than 28 days, and as of 2020, over 80 percent of hostsare now offering long-term stay options.

On Airbnb, hosts are free to set stay limits and minimums, as well as discount options for anyone booking their listing for weeks or even months at a time. Not only does the discount incentivize someone looking for a longer stay to choose a particular listing, but it also means that the hosts will have a lower turnover rate, which often translates into less work for them.

While long-term Airbnb listings will show up in a standard search, you can also more easily find them by going directly through the website's sublet hub. This will bring up only listings where hosts have agreed to allow stays of a month or longer, but be aware that not every long-term stay is discounted.

Renting an Airbnb for a longer stay has numerous benefits. First, it can be cheaper than a typical lease and is adjustable to your travel plans. For example, if you're arriving somewhere on March 18 and leaving on April 28, you can often still enjoy a discounted stay without needing to pay for any unused days. On top of that, hosts must prove that their listing is really livable for a long-term stay, which means all long-term Airbnb listings come equipped with a full kitchen, strong WiFi, and essentials like bed linens and soap at a minimum.

You'll also enjoy the benefit of knowing that every listing must adhere to Airbnb's Enhanced Cleaning. Airbnb introduced its Enhanced Cleaning policy in 2020, and you can rest easy knowing that hosts are cleaning and sanitizing the space between visitors. Not to mention, booking a long-term Airbnb is an easy way to earn travel points on your credit card.

Overall, booking your next sublet through Airbnb can be a great deal, but there are a few things you should know ahead of time.

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What's the minimum number of days needed to book a long-term Airbnb?

Long-term Airbnb discounts start at bookings of 28 days or more. You don't have to book for the first of the month, but the days do have to be continuous, so if someone's already booked a weekend in between your desired dates, it won't work. It is entirely up to the host to decide whether they will offer their listing for longer stays and they can set the minimum stay for 30 or 31 days if they are specifically targeting long-stay visitors.

Airbnb hosts also have the option of setting weekly or monthly discounts and the percentage of that discount is entirely up to them. Airbnb recommends that hosts offer a discount equal to their expected vacancy, so discounts can vary wildly. When browsing Airbnb with your dates selected, you will be able to tell which listings offer discounts because of the strikethrough in the price. When you click through to the listing, you'll be able to see the percentage discount displayed in the price summary.

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How much is the discount for a long-term Airbnb?

Discounts can vary immensely. For example, this studio apartment in Seattle offers a 10% discount while in New York City, this Brooklyn studio is 52% off, and discounts can go even higher than that. Just look at this four-bedroom home in Bellville, Kansas, which normally goes for $85 per night but is offering a 71% discount if you book for the month. Of course, it's always possible that a host could be inflating the price to attract bookers with a big discount number, so you'll have to do your due diligence to determine if the listing is really worth what they're saying.

Do you still have to pay fees on a long-term Airbnb rental?

The discounted rate does not apply to any extra fees, including the service fee, which can be higher depending on how long you book your stay. Occupancy taxes may apply depending on the state and these will also increase depending on how many days you book. If there is a cleaning fee, this should be similar to what you'd pay for a short-term rental, but the host may increase the cost if they are exclusively listing for long-term stays.

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Can you visit an Airbnb sublet before you book?

While booking a sublet through Airbnb has its benefits beyond the discount (like not having to pay a security deposit or worry about utility bills), it's also not a traditional rental situation. Unlike an apartment that you might see in-person before making a decision, you often are not able to see a particular listing before you decide to book.

Airbnb encourages users to ask the hosts questions about the listing through their private messaging system and complete their booking before meeting in-person. You could always try asking your host if you could visit in person before you commit, but they don't have to comply.

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Do you have to pay for a long-term Airbnb rental upfront?

Unlike many short-term stays, you don't have to pay for your whole stay upfront if you are staying for multiple months. After you've booked your reservation, you'll pay for the first monthas a down payment. Then, after you check-in, you'll then be charged monthly throughout your stay. The price is locked in when you book, so you don't have to worry about rates going up halfway through your reservation.

What if you need to cancel your long-term Airbnb?

Cancellation policies depend on the individual host. An Airbnb host can opt to allow cancellations up to a month before your visit or 48 hours after you book, so be sure to pay attention to the cancellation policy when booking. This doesn't give you much wiggle room to change your mind and if you do cancel outside of that short window, you will still have to pay for the first 30 days of your reservation and the service fee.

If you check-in and decide to cancel after your trip has begun, you will not be refunded for the next 30 days after your cancellation. If you have extenuating circ*mstances that fall under Airbnb's Major Disruptive Events Policy, it may be possible to appeal for a full refund. If you are not confident in your travel plans, booking an Airbnb for a month or longer can be risky.

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Are there any legalities to take into account?

Because of varying tenant laws, your host may ask you to sign a contract before confirming your reservation. If this is the case, the host will be required to disclose this information to you before confirming your booking. If your host asks you to sign a contract after the fact, it's within your right to decline and to ask them to cancel your reservation without a cancellation penalty.

Local legislation regarding how hotels and long-term apartments should be run vary widely and Airbnb hosts in different cities may need a different level of commitment from guests before the stay is confirmed. Because your host will be required to disclose this to you before you commit to the booking, make sure you take ample time to review the document and seek counsel or find another booking if something doesn't seem right. Airbnb recommends that guests review the contract within 48 hours after booking, so be sure you are prepared when you book.

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Book a long-term Airbnb here

Jamie Ditaranto

Jamie Ditaranto is a freelance travel journalist who has traveled to all seven continents in search of the best trip ever. She has gone bungee-jumping in Australia, sipped tea in centuries-old Japanese teahouses, and gushed over penguins in Antarctica. She is a full-time traveler working and living remotely. Her writing has been featured on Buzzfeed, TripAdvisor, SmarterTravel, Fodor's, and USA Today. Learn more about how our team of experts tests and reviews products at Insider here.

Axel Springer, Insider Inc.'s parent company, is an investor in Airbnb.

You can purchase logo and accolade licensing to this story here.

Disclosure: Written and researched by the Insider Reviews team. We highlight products and services you might find interesting. If you buy them, we may get a small share of the revenue from the sale from our partners. We may receive products free of charge from manufacturers to test. This does not drive our decision as to whether or not a product is featured or recommended. We operate independently from our advertising team. We welcome your feedback. Email us at [email protected].

Long-term Airbnb rentals: What to know about discounts, fees, and cancellation policies (2024)

FAQs

How does Airbnb charge for long term stays? ›

For reservations of 28 nights or more, you'll be charged for the first month upon confirmation. After that, you'll be charged the remainder in monthly instalments.

What is the most popular Airbnb cancellation policy? ›

Airbnb Moderate Cancellation Policy: Full refund up to 5 days before check-in. 'Moderate' is the most popular cancellation policy.

How does Airbnb long term cancellation policy work? ›

Firm long-term cancellation policy: To receive a full refund, guests must cancel at least 30 days before check-in. If a guest cancels after that, you'll be paid 100% for all nights spent, plus 30 additional nights.

What is a typical cancellation fee for Airbnb? ›

Cancellation fees

The fee is based on the reservation amount and when the reservation is canceled: If the reservation is canceled 48 hours or less before check-in, or after check-in, the fee is 50% of the reservation amount for the nights not stayed.

Do Airbnb hosts give discounts for long stays? ›

Longer stays often mean higher occupancy, lower turnover, and less work for you. To attract guests who prefer a longer stay, you can offer discounts on a weekly (7 or more nights) or monthly (28 or more nights) basis.

What is the Airbnb 90 day rule? ›

Airbnb introduced the '90-Day Airbnb Rule' in the Greater London area in January 2017. Airbnb doesn't allow properties to be rented out for more than 90 nights per year. If your limit for bookings is reached, Airbnb will automatically close your property until the end of the calendar year.

How to choose an Airbnb cancellation policy? ›

You can choose one of the following standard cancellation policies:
  1. Flexible. Guests can cancel until 24 hours before check-in for a full refund, and you won't be paid. ...
  2. Moderate. Guests can cancel until 5 days before check-in for a full refund, and you won't be paid. ...
  3. Firm. ...
  4. Strict.

What is Airbnb confusing cancellation policy? ›

"For a full refund of accommodation fees, cancellation must be made within 48 hours of booking and at least 14 full days prior to listing's local check-in time (or 3:00 PM if not specified) on the day of check-in."

How to get 100% refund on Airbnb? ›

Airbnb refund policies

Moderate: Cancellable until five days before your stay for a full refund. Firm: Cancel 30 days before the stay and receive a full refund; cancel between 7 and 30 days before your stay and receive a 50% refund; no refund if canceled fewer than 7 days before the stay.

How strict is the Airbnb cancellation policy? ›

Airbnb's strict cancellation policy

One step above the firm policy is the strict cancellation policy: Guests are only able to receive a full refund if the cancellation occurs within 48 hours of booking and at least 14 days before their check-in.

How does Airbnb long term work? ›

Payments for stays longer than 28 nights or longer work in a different way. Airbnb automatically collects from guests 1 month upfront and at the beginning of each 30 day period. Learn more about payouts for monthly stays. Stays longer than 28 nights and longer are subject to your chosen long-term cancellation policy.

Do Airbnb hosts get penalized for cancelling? ›

If a reservation is covered by the Major Disruptive Events Policy, Hosts can cancel without fees or other adverse consequences. If a Host cancels under this policy, their listing's calendar will be blocked for the dates of the canceled reservation.

How to cancel Airbnb without penalty? ›

When you can cancel or withdraw a request. First, check the status of your request. If the Host has already accepted it, then it's subject to their cancellation policy. If it's still pending, you can cancel, and you won't be charged for the reservation or the service fees.

What is the compensation for Airbnb cancellation? ›

Your refund if your Host cancels

If your Host cancels your reservation before check-in, you'll receive a full refund, including service fees, if you choose not to re-book. Based on eligibility, you may receive Airbnb booking credit that can be used to make another reservation right away.

What is the 24 cancellation policy on Airbnb? ›

Guests who cancel within 24 hours of receiving a confirmation will be issued a full refund to their original form of payment within 30 days of the cancellation.

Is Airbnb cheaper if you stay longer? ›

On average, the nightly rate for a seven-night Airbnb stay turns out to be 32% cheaper than the nightly rate for a one-night stay. Stick around for a month to bring your nightly rate even lower — a 46% discount for committing to 30 days versus just one.

Can you live long term in an Airbnb? ›

You can search for furnished places with flexible move-in and move-out dates, and even dedicated workspaces and high-speed internet if you're a digital nomad or traveling for work. Keep in mind: Monthly stays aren't limited to just one month—you can book a place for a length of time that works for you.

How does Airbnb payout long stays? ›

When you'll receive payouts for monthly stays. For reservations that are 28 nights or more, we collect payments in monthly installments. We'll charge your guest for the first month upfront and release that first payment to you 24 hours after their scheduled check-in.

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