Mid-Term Rental Calculator
Compare a unit as a furnished mid-term rental against your short-term estimate.
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Mid-term rentals, furnished stays of a month or more, are the quieter cousin of short-term rental arbitrage. They usually earn less per month but need far fewer turnovers. In some cities they are also the only option once short stays are restricted.
How to Use It
- Enter the rent and monthly bills.
- Enter the monthly furnished rate, average stay in months, empty days between stays, turnover cost and any listing fee.
- Enter your short-term profit estimate from the rental arbitrage calculator to compare.
Worked Example
Rent is $1,800 and bills are $310. The unit rents for $3,200 a month furnished, stays average 3 months with 10 empty days between them, turnovers cost $150 and the listing fee is 3%.
- Effective occupancy is about 90%, and average monthly income about $2,884.
- Profit is about $642 a month, with about 3.6 turnovers a year.
- That is about $537 less than the $1,179 short-term estimate.
With 30 empty days between stays, profit falls to about $188. The empty days carry most of the risk in mid-term rentals.
When Mid-Term Makes Sense
- When short stays are restricted but 30-night stays are not.
- When you want less day-to-day work.
- Near hospitals, universities and large employers.
Frequently Asked Questions
- What Is a Mid-Term Rental?
- A furnished rental for stays of roughly one to six months, often for traveling professionals, relocations and people between homes.
- Why Consider Mid-Term Instead of Short-Term?
- Fewer turnovers, lower cleaning costs, steadier income, and in many cities different rules than stays under 30 nights. Income per month is usually lower.
- Are Mid-Term Rentals Legal Where Short-Term Rentals Are Banned?
- Sometimes. Many city rules apply to stays under 30 nights. Check the specific ordinance and your lease.
- What Vacancy Should I Assume?
- Estimate the empty days between tenants from local demand. The table shows 20 days longer and 10 days shorter.