When renting a place to live, "short-term rental properties" are an option beyond standard apartments and condominiums. Available for periods ranging from one week to several months, this type of rental is used in a wide variety of situations, including business trips, entrance exams, and temporary housing during renovations. This article provides a detailed explanation of the types, appeal, and points to note about short-term rental properties, as well as the move-in process.
What Are Short-Term Rental Properties?
Short-term rental properties are properties that can be rented for a short period, ranging from one week to several months. They are ideal when you want to stay longer than a hotel but do not need a contract of one year or more.
Main Types of Short-Term Rental Properties
| Type | Contract Period | Features |
|---|---|---|
| Monthly Apartments (including Weekly Apartments) | 1 week – several months | Often furnished with appliances and utilities included. Popular for business trip use |
| Minpaku (Private Lodging) | 1 night – several months | Accommodation based on the Private Lodging Business Act. Common near tourist areas |
| Share House | Short-term and up | Shared spaces and private rooms. Low initial costs with a focus on community |
What Makes Short-Term Rental Properties Appealing?
Short-term rental properties offer unique advantages not found in standard rental properties. Here are the main highlights.
Fully Furnished with Appliances
Most short-term rental properties come with furniture and appliances such as a refrigerator, TV, and washing machine already installed. Moving in with minimal luggage is possible, and there is no need to purchase furniture or appliances. This significantly reduces moving costs.
Low Initial Costs
Short-term rental properties commonly require no security deposit or key money. Brokerage fees are often waived as well, and since utilities are either a flat rate or included in the rent, monthly expenses are easy to track.
No Utility Setup Required
Electricity, gas, and water are kept connected regardless of tenant turnover. Tenants do not need to handle any setup procedures themselves and can use utilities immediately upon moving in. There is also no need to arrange disconnection when moving out.
Easier to Pass Screening
Because short-term use is the premise, the screening hurdle is lower than for standard rental properties. There is also a growing number of properties catering to a wide range of needs, such as enhanced-security units for women and pet-friendly options.
Try Different Room Types
High-grade condominiums that would not normally be available for rent are sometimes listed as short-term rentals, allowing you to easily experience living environments of various grades.
In What Situations Are Short-Term Rental Properties Used?
Short-term rental properties are used in a variety of situations. Here are some typical use cases.
- Medium- to long-term business trips and training: More economical than a hotel and allows for self-catering. Also used by companies for employee housing during training periods
- Entrance exams and job hunting: Allows you to check access to exam venues and secure a focused environment
- Temporary housing during rebuilding or renovation: Contracts proceed smoothly given the short-term premise. Costs are kept down with no security deposit or key money required
- Extended travel: Lower accommodation costs than a hotel, with the added enjoyment of cooking your own meals
- First time living alone: Easy to get started without needing furniture or appliances. Ideal for the period before searching for a permanent home
- Trial cohabitation before moving in together: Allows couples to experience daily life together before signing a formal lease
- Accompanying a hospitalized family member: More economical than a hotel and well-suited for long-term stays
What Points Should You Check When Renting a Short-Term Property?
To avoid regrets, confirm the following points in advance.
Research the Surrounding Area
Research public transportation convenience, noise levels, hazard maps, and more in advance. Map services and other tools allow you to check local information without visiting in person.
Check Facilities and Equipment
Be sure to check the following items.
- Building structure: Peace of mind regarding earthquake resistance and disaster preparedness
- Cooking utensils: If you plan to cook, check rental plans for cookware and tableware
- Consumables: Whether items such as toilet paper and detergent are provided
- Furniture and appliances: Confirm in advance what is already installed
- Parcel locker: Convenient for receiving packages when you are out
- Internet connectivity: An essential item to check if you plan to work remotely
- Security: Especially for women, check the floor level and security measures
What Is the Move-In Process for a Short-Term Rental Property?
Moving into a short-term rental property is faster than with a standard rental property.
- Search for a property: Narrow down conditions based on transportation convenience. It is common to secure a room without an in-person viewing
- Application and contract: Prepare identification. A joint guarantor may be required for individual contracts
- Transfer of fees: Rent, utilities, management fees, and other costs are paid in a lump sum in advance. Understanding the rental management system will help the process go smoothly
- Key handover and move-in: Receive the key and begin occupancy after the transfer is confirmed
What Should You Watch Out for When Using a Short-Term Rental Property?
While short-term rental properties have many benefits, there are a few things to be aware of.
In-Person Viewings Are Often Not Possible
Because a tenant is often present until just before your move-in date, advance viewings are usually not possible. It is important to check photos on the property's website and contact the representative directly to obtain detailed information.
Rent Is Paid in Full Upfront
It is standard practice to pay the rent for the entire stay in advance as a lump sum. The longer the period, the higher the initial cost. Management fees and cleaning fees may also be charged separately, so be sure to also review the rental management regulations.
Additional Charges May Apply
Additional costs may arise, including surcharges for utility usage in summer and winter, rental options, internet usage fees, and cancellation fees. Be aware of additional charges based on the number of occupants as well.
You May Not Be Able to Register Your Residential Address
Policies vary by municipality, but if you cannot register your residential address, you may be unable to access administrative services. In particular, residential address registration is not possible for minpaku accommodations.
Frequently Asked Questions (FAQ)
Q. Do short-term rental properties require a security deposit or key money?
Most short-term rental properties do not require a security deposit or key money. However, management fees or cleaning fees may be charged separately, so be sure to confirm the total cost before signing the contract.
Q. What is the difference between a monthly apartment and minpaku?
A monthly apartment is a rental contract for one week to several months. Minpaku is accommodation governed by the Private Lodging Business Act, available from a single night, but subject to an annual cap on operating days.
Q. Can I view a short-term rental property in person?
In most cases, in-person viewings are not possible as a tenant is often present until just before your move-in date. Supplement your information by checking photos on the website and contacting the representative directly.
Q. If I cancel partway through, will I get a refund for the remaining rent?
In most cases, prepaid rent is non-refundable. A cancellation penalty may also apply, so it is important to review the contract terms in advance.
