Quote: (08-20-2018 12:38 AM)Cattle Rustler Wrote:
Cheap and good in the same sentence, not happening.
Not necessarily.
I generally rent Airbnbs per month. First strategy I use in getting "cheap" rates on decent apartments is to scan for brand new listings.
In most markets, new listings have two separate discounts factored in.
1. The monthly discount (often 30 - 49%).
2. First renter discount (first person to book it on airbnb - typically an additional 20%).
Last place I rented, for instance, totaled $1200-1300 for the month. After discounts, I only paid about $650.
I've had cases where similar monthly rates ($1k - $1200) dropped as low as $370 after those two discounts.
I also find shorter stays are often more expensive than longer ones.
e.g staying 3 weeks will often cost more than 4 weeks in the same apartment. So, book 4 weeks and leave in 3 weeks (if you want) - simple.
This is because Airbnb has a "weekly discount" which is often a lower percentage than the monthly discount.
Monthly discounts apply to bookings of 28+ days.
Example scenario:
An apartment is $30/day, with a weekly discount of 20% (very common) and a monthly discount of 49% (I've gotten these).
3 week booking = $30 x 21 = $630
20% off $630 =
$504
4 week booking = $30 x 28 = $840
49% off $840 =
$428.40
So, if you plan to stay over a week but under 28 days, always check the 28-day rate as well, to see what offers more value for your cash.