When the COVID-19 pandemic took hold in March, thousands of people living in New York City found themselves suddenly without a job. Many have moved back home, attempted to negotiate leases with landlords, but some have chosen the alternative: Stay and look for more affordable (and short-term) housing.
Luckily, there are options. With the pandemic driving people out of the city for all manner of reasons, the short-term rental market has been busier than ever. So, what are your options for short-term rentals in New York City? Whichever route you take to find your new short-term place, it pays to be strategic about planning.
Here, we explore various housing options:
Coliving spaces are increasing in popularity due to their flexible lease terms and available amenities. Many coliving, such as Webster, offer a private bedroom in a stylish space, complete with access to outdoor space, a cafe, housecleaning, and many other conveniences. Plus, most coliving spaces also create opportunities for networking and more.
Even “budget” hotels can be extremely expensive in New York City. While the amenities may sound great, staying in a hotel for a couple months at a time isn’t cost-effective for anyone on a budget and doesn’t give you the vibe of being “home”.
Move-in ready, full furnished “extended-stay” rentals sound appealing, but with most starting at $80/day – this can add up quickly. But, extended-stay rentals may be a sensible option for business travelers because they offer flexibility and convenience and you can save on weekly rates.
What About Airbnb?
With countless listings on Airbnb, it’s pretty tempting to turn to this platform as an alternative for short-term housing. However, many cities (like New York) have instituted laws around Airbnb. To understand more about Airbnb and the regulations, review applicable local laws.
So, what can you do? Do your research and choose to stay at a safe and fun community, like Webster Apartments! At Webster, our endless list of amenities includes an unbeatable Midtown Manhattan location with on-site security, a private room, plenty of outdoor space, office space, two home-cooked meals a day (without the dishes to do!), housekeeping services, an inclusive community environment, and fast Wi-Fi. Enjoy privacy and independence, but with community vibes.
Whether you believe it or not, you can find short-term housing that is safe and affordable in New York City – Webster is here to help.