St. Louis Corporate Housing Corporate Housing 101 - A Quick Guide | Page 4

What is Corporate Housing?
• Other people that use corporate housing include: healthcare (medical researchers and
nurses who travel), Energy (oil and gas workers), Entertainment (stage and circus
performers and film crews), Government, Military, Technology, Finance and banking
(auditors), Manufacturing, Construction and Professional services. In addition to this,
interns are becoming interested in corporate housing which means they can pay one
outright fee that takes care of all their needs such as utilities and furniture.
• How much does it cost?
• Corporate housing is usually worked out monthly but the typical daily spend is 150
dollars, according to the Corporate Housing Providers Association. There are options to
suit every budget however, with many choices available. The range is somewhere
between 70 dollars to 200 dollars a night, depending on many different factors such as
size and location. You can expect to pay 200 dollars a night in places like New York, and
70 dollars per night in places like Nashville. The upper end of the price range, you will
see rentals that are similar to luxurious homes, and the lower end of the scale you will
see spaces similar to hotel rooms with kitchenettes.
• The total for corporate housing also covers services such as utilities, furniture, bedding
and kitchenware so users don’t need to worry about extra costs. Remember that the
person doesn’t always pay for the corporate housing, the company often picks up the
bill.