If you are looking for a furnished place to live for a month or more but do not want to make a year-long commitment, then a mid-term rental may be ideal for you.
Instead of living out of a suitcase, a mid-term rental offers the comforts of a private home with some of the convenience of a hotel. It’s an attractive option for traveling nurses, people who move often for work, digital nomads, and even those who want to spend a couple of months near elderly parents or grandchildren.
Fernwood Circle Guest Houses is Corvallis, Oregon’s premier source for furnished rentals for both short-term and mid-term stays. Our guests enjoy private homes complete with well-equipped kitchens, cozy bedrooms with freshly pressed bed linens, high-speed WiFi, and bi-weekly housekeeping service.
Mid-term rental definition and when people opt for them
You may wonder, “what is a mid-term rental?” When you go on a vacation, you typically rent a room or Airbnb accommodation for a few nights or even a few weeks. This is a short-term rental. A standard one-year unfurnished apartment lease is a traditional long-term rental. A mid-term rental is in between. It’s when you rent a furnished home for anywhere from a month to a year. Usually, these are furnished rentals with a flexible month-to-month agreement. ( not always, but all our mid-term rentals come with the flexibility of a month-to-month lease)
Mid-term rentals may be ideal for people who need Corvallis accommodation while:
- On sabbatical or a fellowship at Oregon State University.
- Visiting elderly relatives for a month or longer at one of the assisted living facilities.
- Working on a short-term or temporary contract at Good Samaritan Hospital or a local company like Hewlett Packard.
- Digital nomads who work remotely while exploring the Willamette Valley.
- Out-of-state or international student’s parents visiting family at OSU.
- People in transition such as someone building a house, displaced families due to an insurance claim, remodeling a house, or relocating to a new city.
How a mid-term rental can ease your relocation or transition
Mid-term rentals offer a flexible option during a transition, such as when someone is:
- Looking for a home to buy or build one
- Remodeling or repairing their home
- Seeking refuge during an evacuation due to forest fires or natural disaster
- Families displaced due to an insurance-related incident like water pipe damage
Basically, whenever you find yourself searching for a “mid-term rental near me,” it is the ideal time to book guest house accommodation.
A full kitchen is one of the perks of staying in one of Fernwood Circle Guest Houses’ furnished mid-term rentals
Deciding whether a mid-term rental is right for you
With so many options, it may be hard to choose among a standard hotel, traditional bed and breakfast, or mid-term guest house accommodation. While each provider operates differently, it may help to consider what Fernwood Circle Guest Houses provides and how that differs from hotel or Bnb accommodation.
We offer well-appointed, furnished, stand-alone homes in real residential neighborhoods. These homes are privately owned and well-loved by the owners who are not able to live in them due to travel, working out of state, or other life transitions. This means they are well maintained, clean, and come with comfortable furnishings.
Benefits of mid-term rentals for guests and the community
The main benefit for guests is flexibility. Mid-term guests enjoy the experience of a private home along with some of the amenities of a hotel, including:
- Quality bedroom furnishings, high-end mattresses, and Egyptian cotton bed linens for a good night’s sleep.
- High-speed WiFi and a dedicated workspace to make remote working easy.
- Well-stocked and well-equipped kitchen whether you want to reheat leftovers or cook a gourmet meal.
- Soothing lighting, natural light from windows, and a clean, minimalist layout.
- Bi-weekly housekeeping is included in the monthly rates for an immaculately clean and well-maintained space.
- Home-style laundry equipment and supplies.
- Utilities and internet are provided, which simplifies your monthly bill-paying routine.
- The comforts of home while away from home.
The main benefits of a mid-term rental include convenience and flexibility. Since you are not locked into a year-long lease, it’s perfect for extended visits or transitional periods where you are not sure how long you need accommodation, like when you are in the process of buying a home.
The community-at-large benefits since mid-term rentals bring in new community members who contribute to the city’s taxes and economy. Short-term and mid-term guests boost local economies in a variety of ways. The obvious one is the money they spend at restaurants, shops, and grocery stores. A less obvious one is local hospitals, and some businesses bring in workers on short-term contracts. For example, during times of shortage, hospitals often hire traveling nurses who live and work in the area for a few months. In a university town like Oregon State University, visiting scholars come each year, sometimes on fellowships like the Visiting Fulbright Scholar Program.
Mid-term rental guests can enjoy the privacy of a private home.
Disadvantages of mid-term rentals for guests and the community
For a guest, the drawbacks of a mid-term rental are minimal, mainly associated with the shorter-term nature of the rental, which limits your options in decorating it and making it feel like your own.
On a broader community level, some residents have concerns that short-term and mid-term rentals may limit the availability of longer-term affordable housing. This is especially true in areas with high tourist demand as homeowners in those communities often find short and mid-term rentals more profitable.
This is less the case in communities like Corvallis that do not attract as many tourists. Corvallis still attracts visitors, including people on fellowship or working short term at the university or hospital, people with family in town, and others who want to spend time in the Willamette Valley. We previously took a deep dive into exploring the pros and cons of short-term rentals through platforms like Airbnb and Furnished Finder. Some of the same principles apply.
Occasionally, people are concerned that mid-term housing may offer unfair competition to hotels and traditional bed and breakfast accommodations. In some communities, homeowners sometimes used platforms like Airbnb in a way that circumvented local hotel lodging tax regulations. This is a concern we share. Alexandra of Fernwood Circle Guest Houses is a tax collector for the city of Corvallis and the State of Oregon. In fact, for years we have been the only locally owned, independent business among the City of Corvallis’ list of Lodging Intermediaries.
How to find a mid-term rental
When searching for the best mid-term rental sites, third-party platforms like Airbnb and VRBO come to mind. They offer an easy option to search internationally for a short-term rental. However, these platforms charge another layer of fees as their commission for their service.
Par réservation directement with Fernwood Circle Guest Houses, guests save money. For example, when guests book through the Fernwood Circle Guest Houses website, they save 18-22% on third-party fees. To find a mid-term rental, you may look on Furnished Finder or try a Google search for “mid term rentals in (destination);” “extended day (destination),” or “corporate housing” (destination).
If you are looking for Corvallis mid-term rental accommodation, visit the Fernwood Circle Guest Houses booking page for available accommodations.
Fernwood Circle guests feel at home in a cozy, furnished home.
