Corporate Apartments: How to Find Them [2024]

You might have heard of corporate apartments but aren't sure what they are, or whether you should consider trying to get one. In this guide, we’ll cover everything you need to know about corporate apartments, including:

Corporate Apartments

What is a Corporate Apartment?

Corporate housing or corporate apartments are fully furnished rental units with flexible leasing options for military personnel, employees, students, contractors, digital nomads, and sometimes a company's clients. Anyone can rent a corporate housing apartment, though the most common way is an affiliation with the entity that is using corporate apartment services. For instance, you could be active duty military personnel, the employee of a company with housing options, or a client of said company.

That being said, corporate housing is actually great transitional housing for anyone. Interested in how that works? Corporate housing provider AvenueWest offers this breakdown:

What Makes Corporate Apartments Unique?

Corporate Apartments are ideal for transitional and short-term renters and/or business travelers. In addition to being fully furnished apartments, corporate housing typically includes the cost of utilities within the rent price, so renters will have a single housing bill. 

When renting a corporate apartment, you’re not confined to the standard 12-month lease agreement. Better yet, you don’t have to go through the hassle of furnishing an entire apartment, financially or otherwise.

Corporate housing skews toward the luxurious. The furnishings, amenities, and property are all of higher quality than what you might expect at other apartments.

In short, corporate housing provides the perfect temporary home for any renter.

Pros and Cons of Corporate Apartments

Like all units, corporate apartments have both pros and cons that may greatly affect your decision to rent them.

Luckily, we’ve got you covered. Here’s a breakdown of the pros and cons of corporate apartments.

Pros of Renting a Corporate Apartment

The advantages of renting a corporate lease apartment include flexibility, cost-effectiveness, and the fact that these units are move-in ready. Here’s a more in-depth look at the pros of renting a corporate apartment:

• Flexibility: Many corporate apartments offer month-to-month leases or shorter lease terms. They are perfect for many situations, whether it’s a long vacation or heading for a massive corporate takeover.
• Cost-effective: While corporate apartments may rent for higher rates than traditional apartments when you factor in the cost of moving house and furnishing an entire apartment — it’s a downright steal!
• Move-in Ready: In a fully furnished corporate apartment, you don’t need to cart a ton of things across the country every time you move. Simply fill the refrigerator and unpack your essentials.

Cons Renting a Corporate Apartment

The drawbacks of corporate housing include higher rent prices, short-term lease requirements, high-moving costs, and renting sight-unseen. Here’s a closer look at the cons of renting a corporate apartment: 

• High Rent Prices: Fully-furnished luxury living will cost you. Corporate apartments typically boast rent prices that are substantially higher than traditional rental units.
• Short-Term Lease Options: If you intend to rent a corporate apartment, it’s important to be aware that short-term leases can be annoying to deal with. If you want to stay longer for whatever reason, you may have a hard time renewing your lease if your apartment is in high demand or has already been rented out to the next person. Remember, corporate apartments are typically always seen as temporary housing and not a long-term solution.
• High Moving Costs: Whichever way you slice it, moving around multiple times per year isn’t exactly cheap. Renting corporate apartments repeatedly really only works if you earn enough to support the higher rent and additional moving costs.
• Renting Sight Unseen: In a lot of ways, renting a corporate apartment can be like booking a hotel when planning to travel. You may not be able to tour the apartment in person in the same way you would with a traditional unit. This means you’ll have to rent sight unseen which comes with its own risks.

How to Find Corporate Apartments Near You

If you’re in the market for a corporate apartment, then you’re in luck. These units are easy to find across major cities in the US. 

If you’re looking for a corporate apartment on Apartment List, simply filter your search down to short-term leases and furnished apartments in the city of your choice. If you're not sure where to start, try our quiz!

Looking for a step-by-step guide to finding an apartment? Check out our in-depth guide on how to find an apartment.

Final Thoughts

Whether a corporate apartment is right for you depends wholly on your situation. Corporate apartments are great for renters looking for reliable, affordable, short-term accommodation. However, they aren’t usually the best option for anyone else.

That said, simply doing your research and being sure to rent units that are a good fit for you can help you land a great unit.

Ready to start your apartment search? Take our quiz to help you land your dream apartment.