How Much Does it Cost to Stay at an Extended Stay for a Month?

Choosing accommodations for an extended stay requires careful consideration of various factors, including cost. Extended stay options, such as extended stay hotels, serviced apartments, or vacation rentals, offer flexibility and comfort for longer trips. In this 2000-word blog post, we will explore everything you need to know about the costs associated with staying at an extended stay for a month.

How Much Does it Cost to Stay at an Extended Stay for a Month?

The cost of staying at an extended stay accommodation for a month can vary widely based on location and the type of accommodation. On average, it ranges from $1,500 to $6,000 or more per month, with extended stay hotels generally being more affordable than serviced apartments. Prices can also depend on factors like amenities and the size of the unit.

Accommodation Type	Estimated Cost Range for a Month
Extended Stay Hotels	$1,500 – $4,000+
Serviced Apartments	$2,500 – $6,000+
Vacation Rentals	$2,000 – $5,000+

Types of Extended Stay Accommodations

Before diving into costs, let’s review the different types of extended stay accommodations:

1. Extended Stay Hotels: These are designed specifically for longer stays, offering amenities like fully equipped kitchens, laundry facilities, and spacious suites.
2. Serviced Apartments: Also known as corporate housing or aparthotels, these are fully furnished apartments with services like housekeeping, concierge, and utilities included.
3. Vacation Rentals: These include options like Airbnb or VRBO, where you can rent private homes or apartments for an extended period, often with full kitchens and amenities.

Factors Influencing Extended Stay Costs

Several factors influence the cost of staying at an extended stay accommodation:

1. Location: The cost can vary significantly depending on the city, neighborhood, or even proximity to attractions and business centers.
2. Type of Accommodation: Extended stay hotels, serviced apartments, and vacation rentals have different price ranges.
3. Duration of Stay: Longer stays typically offer discounts. Monthly rates are often more cost-effective than daily or weekly rates.
4. Amenities: The more amenities and services included, the higher the cost may be. Consider whether you need features like daily housekeeping, fitness centers, or free breakfast.
5. Size and Layout: The size and configuration of the accommodation, such as the number of bedrooms or the presence of a kitchen, can impact costs.

Average Costs for Extended Stay Accommodations

While prices can vary widely based on location and other factors, here are some approximate average costs for extended stays:

• Extended Stay Hotels: $1,500 to $4,000+ per month
• Serviced Apartments: $2,500 to $6,000+ per month
• Vacation Rentals: $2,000 to $5,000+ per month

These are rough estimates, and rates can be lower or higher depending on the specific property and location.

Additional Costs to Consider

When calculating the total cost of an extended stay, it’s essential to factor in potential additional expenses, including:

1. Utilities: Some accommodations include utilities like electricity, water, and internet, while others may charge separately.
2. Parking: If you have a car, check if parking is available and if there’s an extra cost.
3. Security Deposit: Some properties may require a security deposit, which is refundable at the end of your stay.
4. Taxes: Be aware of local occupancy taxes or resort fees that might apply.

Tips for Cost Savings

To maximize cost savings during your extended stay, consider these tips:

1. Negotiate Rates: Many accommodations offer discounts for longer stays, so don’t hesitate to negotiate.
2. Cook Your Meals: If your accommodation has a kitchen, cooking your meals can save on dining expenses.
3. Book in Advance: Reserving your accommodation well in advance can sometimes lead to better rates.
4. Loyalty Programs: Join loyalty programs if you plan to stay with a particular hotel chain for an extended period.
5. Consider Location: Opt for accommodations in areas with lower living costs, especially for lengthy stays.

FAQs

How long can you stay at a hotel? The length of stay at a hotel is typically determined by the hotel’s policies and your reservation. Most hotels allow short-term stays, but some extended stay hotels may accommodate longer stays.

Can you negotiate hotel rates? Yes, it’s often possible to negotiate hotel rates, especially during off-peak seasons or when booking directly with the hotel. Polite negotiation or mentioning discounts or loyalty programs can sometimes lead to better rates.

Where is Extended Stay America headquarters? Extended Stay America’s headquarters is located in Charlotte, North Carolina, USA.

Is it worth it to live in a hotel? Living in a hotel can be worth it for short-term stays, travel, or temporary housing needs. For long-term living, it can be more expensive than renting an apartment.

Why can you only stay in a hotel for 28 days? Many hotels have a 28-day limit to avoid guests establishing residency, which could give them tenant rights. This is a legal precaution in some regions.

Are hotels cheaper if you stay longer? Extended stays may be cheaper per night than shorter stays, but the total cost depends on the hotel’s monthly rate and any applicable discounts.

How to get a bigger discount at a hotel? To secure a larger hotel discount, consider booking in advance, using loyalty programs, negotiating directly with the hotel, or looking for promotions and package deals.

Do hotel prices go down at night? Hotel prices do not typically go down at night. Prices fluctuate based on demand, season, and availability, but booking in advance is often more cost-effective.

Are extended stay hotels serviced apartments? Extended stay hotels and serviced apartments share similarities but are not the same. Extended stay hotels offer hotel-like amenities with longer-term stays in mind, while serviced apartments are fully furnished apartments with services.

What hotel chain does extended stay belong to? Extended Stay America is a hotel chain specializing in extended stay accommodations.

What is the meaning of extended stay? An extended stay refers to a longer-than-usual duration of lodging in a hotel or similar accommodation, often for a week or more, designed for travelers with extended housing needs.

Are hotels cheaper than rent? Hotels are generally more expensive than renting an apartment for long-term living. Hotels are better suited for short-term stays or travel.

How much money should you leave at a hotel? Tipping hotel staff is customary. Common guidelines include $1 to $2 per night for housekeeping and tipping bellhops and concierge based on services provided.

How do I permanently live in a hotel? Most hotels are not suitable for permanent residence due to costs and legal regulations. To live in a hotel permanently, you would need a significant budget and to negotiate a long-term agreement with the hotel.

What is the 72-hour rule in a hotel? The 72-hour rule typically allows guests to cancel hotel reservations without penalties if done at least 72 hours before the scheduled check-in time.

What’s the difference between a hotel and a motel? Hotels and motels both offer lodging, but hotels are typically larger, offer more amenities, and cater to longer stays, while motels are often smaller and cater to travelers looking for basic overnight accommodations.

Can you live in a hotel as long as you want? You can live in a hotel for an extended period, but it’s generally more expensive than renting an apartment. Hotels may also have restrictions on the length of stay due to local laws and regulations.

Conclusion

Staying at an extended stay accommodation for a month can offer comfort and convenience, but the costs can vary widely based on location, accommodation type, and amenities. It’s crucial to consider your budget, needs, and preferences when choosing the right extended stay option. By understanding the factors that influence costs and implementing cost-saving strategies, you can make your extended stay a financially viable and enjoyable experience.