When you’re looking for a place to stay for an extended period of time, whether for work, travel, or personal reasons, an extended stay hotel might be the perfect solution. Extended stay hotels offer more flexibility and convenience compared to traditional hotels, especially when it comes to pricing and the amenities provided. But how much can you expect to pay for an extended stay hotel per month? In this article, we’ll break down the average costs, factors that influence pricing, popular hotel chains, the benefits of choosing an extended stay, and ways to save on long-term stays.
Average Monthly Cost of Extended Stay Hotels
Prices for extended stay hotels vary based on several factors, such as the location, hotel brand, and amenities provided. However, most extended stay hotels offer discounted rates for guests who book longer stays, typically offering a significant reduction in price when you stay for a month or longer.
General Price Range
On average, extended stay hotel rates range from $1,163 to $4,359 per month. This price range can vary widely based on the factors mentioned above. For example, prices in larger cities or more tourist-heavy destinations will tend to be on the higher end of this spectrum, while more affordable areas may have lower rates.
Factors Influencing the Cost
Location: The cost of staying in an extended stay hotel is heavily influenced by the location. Cities with a higher cost of living, like New York, San Francisco, or Los Angeles, will likely have higher monthly rates. On the other hand, smaller cities or towns will have more affordable options. If you’re looking for a stay in a more rural or suburban area, you might find much cheaper rates than in major metropolitan areas.
Hotel Brand: Different hotel brands offer different pricing structures. Budget chains tend to offer lower prices, while upscale brands with more amenities or luxury features will come with a higher price tag.
Amenities & Facilities: Extended stay hotels are often equipped with kitchens, on-site laundry facilities, and business services such as free Wi-Fi. More upscale options, like suites with full kitchens, fitness centers, or free breakfast, will generally cost more than basic accommodations. The more amenities you use and enjoy, the higher your monthly rate is likely to be.
Seasonality: Many locations have peak seasons during which rates are higher. For example, coastal cities may be more expensive during the summer months, while ski resorts see an increase in rates during the winter.
Length of Stay: A month-long stay usually comes at a better rate than a week-to-week booking. Many hotels will offer a discounted nightly rate for those who commit to longer stays.
Price Breakdown by Location
Budget Locations: In smaller cities or rural areas, you can find extended stay hotels for as low as $1,200 to $2,000 per month. These hotels may have fewer amenities but are an affordable option for those on a budget.
Mid-Range Locations: For cities with moderate costs of living, the price range for a month-long stay in an extended stay hotel is typically between $2,000 and $3,000 per month. These hotels often feature basic amenities like a small kitchen, laundry, and Wi-Fi.
High-Cost Locations: In expensive metropolitan areas, such as New York City, San Francisco, or Washington D.C., the price can climb significantly. Monthly rates in these locations can range from $3,000 to $4,359 or more. Expect more luxurious amenities like fitness centers, complimentary breakfast, and larger suites.
Popular Extended Stay Hotel Chains
There are several hotel chains that specialize in extended stays. Below are some of the most popular chains, each offering different amenities and pricing tiers:
Extended Stay America
Extended Stay America is one of the most popular extended stay hotel brands in the United States, known for offering affordable monthly rates and a no-frills approach to extended stays. Rooms at Extended Stay America typically include fully-equipped kitchens, which makes it a convenient option for long-term travelers who prefer to cook their own meals. Monthly rates at Extended Stay America can range from $1,500 to $2,500 depending on the location.
Choice Hotels (MainStay Suites, WoodSpring Suites)
Choice Hotels operates several extended stay hotel brands, such as MainStay Suites and WoodSpring Suites. These brands cater to a range of budgets, offering both affordable and more upscale options. MainStay Suites typically offers rooms with kitchenettes, free Wi-Fi, and on-site laundry facilities. WoodSpring Suites offers a more budget-friendly option with basic amenities like kitchenettes, but without some of the luxury features of other chains. Monthly rates for these properties can range from $1,200 to $3,000 depending on the location and room type.
Residence Inn by Marriott
For those seeking a more upscale experience, Residence Inn by Marriott offers extended stay options with a higher level of luxury. These hotels typically feature larger suites, full kitchens, free breakfast, and more premium amenities like fitness centers and business services. The monthly rates at Residence Inn can be higher, generally ranging from $2,500 to $4,000 or more in larger cities. Residence Inn is a good choice for professionals or families who want a more comfortable and extended stay experience.
Homewood Suites by Hilton
Another upscale option, Homewood Suites by Hilton, offers spacious suites with full kitchens, complimentary breakfast, and evening socials. These hotels are often more expensive, with monthly rates starting at around $2,500 and reaching up to $4,000 or more depending on location.
Staybridge Suites
Operated by IHG, Staybridge Suites offers a balance between affordability and upscale features. Known for their homelike amenities, including kitchenettes, laundry facilities, and fitness centers, Staybridge Suites are a popular choice for business travelers and families alike. Monthly rates typically range from $2,000 to $3,500.
Amenities & Benefits of Extended Stay Hotels
Extended stay hotels come with a wide range of amenities designed to make long-term stays more convenient and comfortable. Some of the key benefits include:
Fully-Equipped Kitchens
One of the most attractive features of extended stay hotels is the presence of fully-equipped kitchens. This allows guests to prepare their own meals, which is especially beneficial for those staying for an extended period. Kitchens typically include a stove, microwave, refrigerator, and cookware. Cooking your own meals can save you money on dining out and is also more convenient for families or individuals with dietary restrictions.
On-Site Laundry Facilities
Many extended stay hotels offer laundry facilities on-site, which can be extremely convenient for long-term guests. Laundry rooms typically feature washers, dryers, and sometimes even laundry detergent for purchase. Some higher-end hotels may offer laundry services for an additional fee.
Free Wi-Fi & Workspace
Business travelers will appreciate the availability of free Wi-Fi and the option to set up a workspace in their rooms. Extended stay hotels often provide dedicated areas for working, such as desks or dining tables with ample space for laptops and paperwork.
Pet-Friendly Options
For those traveling with pets, many extended stay hotels offer pet-friendly rooms. These rooms often come with extra space for your pet and provide convenient amenities like dog-walking areas and pet parks. Make sure to confirm the hotel’s pet policy before booking, as some hotels may charge extra fees for pets.
Discounts & Long-Term Savings
Booking a stay for a month or longer often leads to significant savings compared to booking shorter stays. Extended stay hotels typically offer discounted nightly rates for guests who commit to longer stays. The longer the stay, the more you can save on your nightly rate.
Some hotels also offer special discounts or loyalty rewards for frequent guests. Programs such as Marriott Bonvoy, Hilton Honors, or IHG Rewards allow guests to earn points toward future stays or other perks, which can add up over time.
Hotel Credit Cards
Using hotel-branded credit cards can provide additional savings on extended stays. These cards often offer rewards points, discounts on bookings, and other benefits like free breakfast or late check-out. Check with your credit card provider to see what hotel loyalty programs are available and if they offer any special promotions for extended stays.
Conclusion
Extended stay hotels provide a convenient and flexible option for travelers who need accommodations for a month or longer. Prices generally range from $1,163 to $4,359 per month, depending on factors such as location, hotel chain, and amenities. Brands like Extended Stay America, Residence Inn by Marriott, and Choice Hotels offer different levels of service, with some providing budget-friendly options and others catering to guests looking for a more luxurious experience. With the right planning, booking an extended stay can offer comfort, convenience, and significant savings.
