Rentals: Short-Term vs. Long-Term | Prime Rental Estates
Excerpt: Short-term rentals are flexible but pricey, while long-term leases offer stability. Learn which option is better for your needs with data from Gdansk and Warsaw!
Introduction
When it comes to renting, the choice between short-term and long-term stays can depend on your lifestyle, budget and goals. At Prime Rental Estates, we’ve analyzed rental trends in Gdansk and Warsaw to help you decide which option suits you best. Here’s a breakdown of the costs, benefits, and scenarios for each.
Short-Term Rentals: Flexibility at a Premium
Short-term rentals are ideal for temporary stays, offering convenience and fully-furnished spaces. However, they come at a higher price.
Key Data for Short-Term Rentals:
- Average Cost per Night:
- Gdansk: 300-400 PLN for a mid-range one-bedroom flat.
- Warsaw: 350-500 PLN for similar properties.
- Seasonal Spikes:
- In Gdansk, prices can rise by 20-30% during summer, especially in areas like Old Town or near the beach.
- Utilities: Usually included in the price.
When to Choose Short-Term Rentals:
- Weekend getaways or business trips.
- Exploring a city before committing to a longer stay.
- Flexible housing during transitions (e.g., moving jobs).
Example:
A beachfront apartment in Gdansk for 400 PLN per night during the summer, perfect for a week-long vacation.
Long-Term Rentals: Stability and Savings
For stays longer than six months, long-term rentals provide significant cost savings and a more permanent feel.
Key Data for Long-Term Rentals:
- Average Monthly Rent:
- Gdansk: 3,500-5,000 PLN for a two-bedroom flat.
- Warsaw: 4,000-5,500 PLN, with central areas like downtown on the higher end.
- Utilities: Usually paid separately, averaging 500-800 PLN per month.
- Lease Duration: Typically 6-12 months, with a deposit equal to one or two months’ rent.
When to Choose Long-Term Rentals:
- If you’re a student or professional relocating for an extended period.
- Families looking for stability in a specific neighborhood.
- Anyone seeking to personalize their living space.
Example:
A modern flat in Warsaw’s Mokotów district for 5,000 PLN per month, ideal for a young professional.
Comparing Costs: Short-Term vs. Long-Term
| Aspect | Short-Term Rentals | Long-Term Rentals |
|---|---|---|
| Cost (per month) | ~9,000-12,000 PLN (avg.) | 4,000-5,500 PLN (avg.) |
| Flexibility | High – Book by night | Moderate – Requires a lease |
| Best For | Vacations, transitions | Permanent residence |
| Seasonal Impact | Significant price increases | Stable pricing |
Gdansk and Warsaw: Unique Rental Trends
Both cities have unique rental dynamics:
- Warsaw: A year-round market with consistent demand, especially in central districts like Downtown and Wola. Great for professionals and families seeking long-term housing.
- Gdansk: A seasonal market driven by tourism, with higher summer prices in areas like Old Town and Przymorze. Ideal for short-term stays but equally popular among students and remote workers.
Prime Rental Estates – Your Rental Partner
At Prime Rental Estates, we offer tailored solutions for both short-term and long-term renters. Whether you’re planning a vacation in Gdansk or moving to Warsaw for work, our platform provides:
- Verified listings.
- Transparent pricing.
- Expert advice to match your needs.
Conclusion
Choosing between short-term and long-term rentals depends on your priorities. Short-term rentals offer flexibility but come at a higher cost, especially in peak seasons. Long-term rentals are more economical for those seeking stability and a sense of home.
Start your journey with Prime Rental Estates today and find the perfect space for your needs.
I invite you to read my second post!