Glossary

Mid-term rental (MTR) glossary: the terms, defined.

The words that come up when you rent furnished homes by the month — to travel nurses, project crews, relocating families and insurance placements — defined in plain English, with an example for each.

Every term

A mid-term rental — also written midterm, and called a medium-term rental in some markets — is a furnished home rented for roughly one to twelve months. The vocabulary around it borrows from vacation rentals, long-term leasing, corporate travel and insurance. Each term below has its own page with a definition, an example and the related terms.

Where to go next

The full picture — what counts as mid-term, who rents, pricing and leases — is in the guide to mid-term rentals. Running mid-term stays next to nightly bookings or yearly leases? See mid-term rental software, or open the live demo set up for mid-term — no sign-up.

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