If you or your family are going to visit Denver for a few weeks, here’s how to save a bundle of money on lodging.
Typical choices include a hotel or an Airbnb- these can run $100 to $300 a night, depending on the season.
Another choice is called an MTR or ‘medium term rental’ and it’s about half the price of an Airbnb or hotel.
Here’s the catch – you need to rent it for a minimum of 30 days, which will usually involve a lease. But, if you’re planning on staying 15 or 20 days – and would like the flexibility of having a place ready for you, this is a great option.
A few reasons a medium term rental can be easier and cheaper:
- you might not know exactly what dates you’ll be in town. If you book for 30 days and only plan to stay two or three weeks, you’ll have the flexibility to show up when it’s convenient for you – no last minute bookings or cancellations if your plans change.
- Renting an MTR for a full month is often cheaper than two weeks in an Airbnb.
- You don’t have to use the MTR for the full month, just come for as long as you need it.
- An MTR makes an excellent “home base”, for keeping the bulk of your stuff in one place, while visiting the mountains, or camping for a few days, by taking only what is needed for various excursions. It’s so much simpler. And involves less packing and unpacking.
5. MTRs usually have on-site laundry, so you can do it as needed.
How to find an MTR:
There are many apps for rentals, but my favorite for MTRs is Furnished Finder. FF has been popular with traveling nurses and other professionals for a long time and it’s easy to use. You can contact owners/hosts right through the app.
Many landlords don’t want to be bothered with STRs, and keeping on top of changing guests every few days and they prefer to rent for a minimum of a month.
MTR are less fuss for landlords too.
Many cities have a lodging tax of ten percent or more for short term rentals, but none for medium and long term rentals. Not having a lodging tax makes it less costly.
I own and operate MTR, short term and long term rental units. The short term rentals are more work and more aggravation, because guests are always coming and going and the apartment has to be cleaned and restocked. Door codes have to be changed, and more. With a medium term guest, it’s less hassle and less stressful. If weekly cleaning is something you want, that can usually be arranged. Plus, with a month rental, the owner doesn’t have to worry so much about bookings.
Want to see what it’s all about? Click on this link to a nice Denver studio MTR listing on Furnished Finder.
