Want to make the most of your travels without breaking the bank? Skip the hotels and use Airbnb instead.
Staying in short term apartment rentals through Airbnb is our #1 way to save money on lodging AND meals. It’s also the best way to experience local life in the places we visit. We’ve stayed in 40+ short-term rentals around the world, more than 30 of which were through Airbnb. Our experiences have been overwhelmingly positive.
If you’re new to Airbnb, here’s a primer on what to expect, how to select and book a property, and a few things to know as a guest.
Airbnb in 2019
Airbnb has changed significantly since it first launched more than a decade ago. In the early years, renting a home through Airbnb usually meant that all of the owner’s belongings were still there, and the experience was akin to staying in a friend’s home while they were out of town.
Since then, an increasingly large number of Airbnb properties used exclusively as short-term rentals. They are nicely-decorated and fully-furnished, often with a few kitchen essentials (coffee, oil, spices), but all of the space is for use by guests. Many listings are professionally managed or even owned by a company that purchased multiple apartments to rent them on Airbnb. Some small hotels and guesthouses also advertise rooms on Airbnb.
When Should You Use Airbnb?
In most cases, Airbnb is a better alternative to a hotel. It’s best when one or more of the following is true:
- You’re staying in a location for more than a couple days
- You want to prepare some of your own meals
- You’re traveling with several people and need multiple hotel rooms to accommodate everyone
The Benefits of Longer Stays
Due to the pricing structure, the best savings from Airbnb come from longer stays. The total cost of a stay has at least three components:
- Nightly Rate: The rate is set by the owner but often varies based on demand and time of year.
- Cleaning Fee: This is a flat fee, also set by the owner. It generally doesn’t change, and some hosts don’t charge one. Hosts may choose to charge other fees, e.g. for additional guests or late checkout, but we don’t see those fees very often.
- Service Fee: This is Airbnb’s fee. According to Airbnb’s website, the service fee can equal anywhere from 0% to 20% of the subtotal, which is the sum of the components above. The average service fee for our past bookings was +/- 12%.
Some localities may also charge occupancy taxes and fees, but you would pay those at a hotel, too.
Many Airbnb listings offer substantial discounts for weekly and/or monthly bookings. You will see the discounted rate when you select stays of 7 or 28 days, respectively.
Savings on Meals
In addition to potential discounts for longer stays, you also save money by not eating in restaurants as often. Staying in one place for a while also gives you time to purchase groceries and prepare a few meals in your apartment. You don’t have to “cook” to realize the cost savings. Even if you have coffee and cereal at home each morning, you will save a lot of money!
Traveling with Family and Friends
If you’re traveling with more people than you could squeeze into a single hotel room, Airbnb is frequently a better deal, especially in major cities where hotel rooms tend to be expensive and small. You can often rent a two-bedroom apartment (or a one-bedroom with a pull-out coach) for much less than you would spend on two hotel rooms, but you have the added benefit of a kitchen and other living space.
As with any travel planning, you must do your research to compare costs, because Airbnb isn’t always the best option. Indeed, if you’re only staying for a night or two, it may be cheaper and more convenient to stay in a hotel. But in many circumstances, Airbnb is a much better choice.
Airbnb vs. Hotels: What’s Different?
Needless to say, staying in a home is fundamentally different from staying in a hotel, even with properties that are used exclusively as short-term rentals. Here are a few differences to be aware of if you haven’t used Airbnb or similar services.
The booking process on Airbnb may differ from the process for reserving a hotel online. If a property on Airbnb has “Instant Book,” your reservation is confirmed as soon as you book it. If not, you choose your dates and “request to book.” The owner has 24 hours to confirm your reservation, but until they do so, the place isn’t yours.
You can cancel your request before the host accepts it. Don’t forget to cancel if you book another property or decide to stay in a hotel instead! Otherwise, you could be stuck with two reservations.
Similar to sites like Expedia or Booking.com, your payment and reservation are secure on Airbnb. Airbnb hosts choose their own cancellation policy, and the options are explained here.
If a host cancels your reservation, you receive a full refund.
With Airbnb, there is no housekeeping service. If you want fresh linens, you must wash them yourself, unless the host has provided an extra set. As noted above, some listings are professionally-managed, and those companies may offer weekly linen or cleaning service, usually for an extra fee.
Unlike at a hotel, if you have a maintenance issue, such as a plumbing problem or broken appliance, an Airbnb host can’t simply move you to another room. A good host will address problems promptly, but it helps if you are somewhat handy and can fix small things yourself. These issues don’t always come up, but when they do, simply remember that you are in someone’s home.
Finally, a difference between Airbnb and hotels is that after you use Airbnb, you can review the host and they can review you as a guest. This system provides incentive for all parties to act in good faith. Having positive reviews makes it easier for you to book future apartments, so do what you can to be a good guest!
Searching for Apartments on Airbnb
The basic information needed to start a search is the location and dates. For accurate results, select the correct number of guests, because it could impact the nightly rates. If you want a whole apartment/home to yourself vs. renting only a room, click “Home type” and select the option for “Entire place.”
We always search using Airbnb’s map view so we know exactly where the property is located. When deciding what areas to target, we research neighborhoods online or follow recommendations from others who are familiar with the city. We also use Google Maps to look at proximity to public transportation, landmarks, and restaurants. Finally, we check out the “street view” (also on Google Maps) so we can take a virtual tour of the neighborhood and see how it looks.
You can narrow your search by selecting the amenities you want. This article has a detailed explanation of what to look for when searching for an Airbnb and includes the checklist we use to find great apartments.
Checking In for Your Airbnb
After you have a confirmed reservation, the host will send
you the exact address of the apartment and instructions for check-in.
In some cases, the host or a representative meets you at the property. They show you around and explain anything you need to know about staying there. Here are a few things you should address before that person leaves:
- What is the WiFi password? (connect at least one of your devices to confirm that it works)
- What should you do with the garbage/recycling?
- Are there any special instructions related to electricity/water? (e.g. small water tank, need to turn on hot water – more common overseas)
- Where can you park if you rent a car?
- How you can get in touch with them during your stay? (while overseas, WiFi-based apps such as WhatsApp are often the best way to communicate if you don’t have local cell phone service)
- What are the instructions for checking out?
With some Airbnb listings, you won’t interact with the host in person during your stay. They provide instructions for a lockbox or codes to get into the apartment. This was the case with every Airbnb we used in Japan.
In our experience, hosts who used this type of check-in also provided thorough written instructions for everything in the apartment. Self check-in has always gone smoothly for us, and it has the benefit of being very flexible; you don’t have to worry about arriving at a precise time.
Checking Out & Reviews
Before you leave, tidy the apartment and put everything back
where you found it. You don’t have to do a deep cleaning (that’s what the
cleaning fee is for) but leaving the apartment in good shape helps you get a
If you broke or damaged something, tell the host and offer
to pay for it. Don’t wait for them to discover it after you’ve left.
When your stay is complete, Airbnb will send reminders to you and your host to write reviews of one another. As soon as both parties have written reviews, the reviews are public. You cannot see what the host wrote about you until you submit your review and vice versa. If you don’t write a review within 2 weeks from the date of your checkout, you lose your opportunity to do so, but if the host wrote a review for you, it will be published at that time.
Ready to Rent an Apartment?
Renting a short-term apartment allows you to experience a new city in a way that simply isn’t possible when staying in a hotel. You will also save a ton of money and have more living space to stretch out and relax when you get “home.” If you’ve never used Airbnb, give it a try the next time you travel. To get you started, use this link to save $40 on your first stay!
All photos courtesy of Airbnb.