Pivoting Markets: Mid-Term Rental Solutions
The Mid-Term Rental (MTR) market is expanding rapidly as today’s travelers seek flexible, furnished housing for extended stays—typically ranging from one to six months, and occasionally up to a year. At the same time, many homeowners are turning to MTRs to navigate increasing government regulations in the short-term rental (STR) space. This thriving sector appeals to a broad range of tenants—from leisure travelers and relocating families to corporate professionals and digital nomads—offering the comfort of home with the convenience of a flexible lease.
​​
At Luthman Luxury Estates, we approach mid-term rentals with the same care, precision, and professionalism that define our luxury short-term rental portfolio. Every detail is thoughtfully handled—from thorough tenant screening to ensure respectful, credible guests, to regular property inspections that catch and resolve issues early, preventing costly repairs down the line. To maintain a consistent, showroom-ready condition, we include mandatory monthly cleanings in every lease agreement. Our dedicated team is available 24/7 to handle emergencies, coordinate maintenance, and respond to tenant inquiries—ensuring a seamless, well-supported experience from start to finish for every individual we welcome into our homes.
We go beyond standard practices to protect your investment, uphold regulatory standards, and provide tenants with an elevated and reliable living environment.​​ Contact us today to learn how Luthman Luxury Estates can enhance your mid-term rental experience!
Regulatory Issues
Short-term rentals (STRs) are increasingly constrained by stringent regulations, especially in major cities where some municipalities have banned them altogether or imposed strict limitations. These restrictions often include caps on the number of nights a home can be rented, mandatory licensing requirements, and rigorous safety compliance measures—creating costly and time-consuming barriers for property owners.
​
In response, many owners are turning to mid-term rentals (MTRs) as a strategic and profitable alternative. MTRs avoid many of the regulatory challenges associated with STRs while often generating stronger returns than traditional long-term rentals (LTRs). With extended tenant stays, MTRs offer more stable, predictable income, reduced turnover costs, and enhanced property consistency—often cash flowing higher than a comparable LTR. This shift not only safeguards profitability but also ensures compliance with evolving regulations and promotes a more stable, community-friendly rental model between homeowners, renters, and neighboring members of the community!
Mid- Term Clientele
Mid-term rentals (MTRs) serve a wide range of travelers who require flexible, furnished housing for extended stays—typically from one to six months, and occasionally up to a year.
​
Common tenants include remote workers and digital nomads looking for comfortable, home-like spaces while working and traveling. Travel nurses and healthcare professionals frequently moving between assignments rely on MTRs for stability and convenience. Families in the process of relocating often choose MTRs as temporary housing while they search for a permanent home. Corporate executives on extended business trips or temporary projects value MTRs for their comfort and cost-efficiency. Likewise, students and interns participating in exchange programs or internships often prefer MTRs for their flexible lease terms and fully furnished accommodations.
​
These renters are drawn to the balance MTRs provide—offering the flexibility and convenience of a shorter lease than traditional long-term rentals (LTRs), paired with the comfort, style, and turnkey functionality typically found in short-term rentals (STRs). This combination makes MTRs a compelling and versatile alternative to both long-term leases and short-term vacation stays.
Turnover and Upkeep
Traditional long-term rentals (LTRs) often have tenants for extended periods, sometimes lasting years, which can allow issues to go unnoticed during the lease and lead to a significant accumulation of costly property damage.
​​
Short-term rentals (STRs), on the other hand, experience high tenant turnover, allowing owners to regularly inspect their properties and address problems quickly. However, frequent guest turnover can bring its own challenges, including increased wear and tear and the risk of unruly guests.
Mid-term rentals (MTRs) strike a balance between the two by offering less frequent turnover than STRs but more oversight than LTRs. MTR tenants are often contracted professionals with reliable reputations, focused on work rather than leisure. Additionally, our MTR leases include mandatory monthly cleanings to keep properties well-maintained and ensure any issues are addressed promptly, helping prevent costly repairs.
*** NOTE ***
A mid-term rental (MTR) is typically defined as a rental of more than 30 consecutive days but less than one year. However, not all municipalities or HOAs permit MTRs, and some locations have restrictions or different length-of-stay requirements. Work with a professional to ensure your rental is legally compliant to avoid costly fines.