Higher Cost – On a per-day or per-week basis, weekly rentals are significantly more expensive than monthly leases.
Less Stability – The landlord can also terminate the agreement with short notice, potentially leaving you to find new housing quickly.
The Vacation Rental Connection
Many weekly rental agreements are used for vacation properties. In popular tourist destinations, weekly rentals are the standard for beach houses, mountain cabins, and lakefront properties. These agreements often include additional provisions specific to short-term vacation stays :
- Check-in and check-out times (e.g., 4:00 PM arrival, 10:00 AM departure)
- Cleaning fees and requirements (e.g., washing dishes, taking out trash)
- Pool and hot tub rules
- Maximum occupancy limits
- Prohibitions on fraternities, sororities, or groups under a certain age
- Fireworks bans
- Cancellation policies (often with strict deadlines and forfeiture of deposits)
For example, North Carolina’s Vacation Rental Act has unique provisions that permit the disbursement of rent prior to tenancy and expedited eviction of tenants .