June 30, 2025
Whether you’re relocating top talent, supporting a project team, or providing extended housing for key employees, corporate housing delivers a flexible, turnkey living solution that adapts to evolving business needs.
In this guide, you’ll discover what corporate housing is and who it’s for, how it compares to other options, tips for choosing a provider, and how AVE supports companies with scalable, move-in ready residences in top business hubs.
Corporate housing is a professionally managed, full-service solution for temporary living. It typically involves a fully furnished apartment, condo, or townhome available for 30 days or longer.
Residences are thoughtfully equipped with everything you need: furniture, high-speed internet, kitchenware, linens, utilities, and dedicated Resident Services teams available to support day-to-day needs. It’s designed to feel like home from the moment you arrive, with a seamless, move-in ready experience.
This turnkey housing option is flexible, consistent, and tailored to the unique needs of business travel, relocation, and project-based assignments. And when stays extend into weeks or months, it provides a more comfortable and sustainable lifestyle than an extended-stay hotel.
This segment of the housing industry has grown alongside today’s mobile workforce, offering more space, more privacy, and more predictability than hotels.
According to the Corporate Housing Providers Association (CHPA), the industry generated $3.62 billion in 2017 – nearly a 13% increase from the year prior. At that time, the average stay was 78 nights, with many lasting longer.
The market has only expanded since. In 2023, the global serviced apartment market was valued at $112.4 billion, with corporate and business travel representing more than half of that demand (Source: Grand View Research, 2023)
Corporate housing is most often chosen by companies to support relocations, temporary assignments, training programs, and extended business travel.
Relocation has been the leading driver of corporate housing demand in the U.S. for seven years straight, followed by project-based and training-related stays. Together, these account for more than 54% of the market, with the tech sector leading the way.
But despite the name, “corporate” housing isn’t just for corporations. These flexible, fully furnished residences are a welcoming solution for anyone navigating a life in transition.
Corporate housing is used by:
The greatest strength of corporate housing is its flexibility. Lease terms adapt to evolving needs, whether that’s six weeks for a training program, three months for a relocation, or a year-long assignment. This adaptability gives companies and professionals confidence that their housing will align with changing timelines.
With fully furnished, move-in ready residences and dedicated Resident Services, corporate housing creates a seamless living experience that supports well-being during extended assignments, relocations, or project work.
Key advantages include:
Whether you’re coordinating stays for a relocating employee or preparing to move into one yourself, corporate housing makes temporary living simple, scalable, and seamless.
Here’s how it typically works, from booking to move-in:
Option | Best For | Pros | Trade-Offs |
|---|---|---|---|
Furnished Corporate Apartments | Long-term business stays, relocations (including executive moves), project assignments, or situations with uncertain end dates | Professionally managed, fully furnished, flexible lease extensions, scalable for teams, consistent quality across markets, with premium amenities available for executives | May require advance booking in high-demand markets |
| Short-Term Rentals (Airbnb, VRBO) | Leisure-first travelers or vacation stays | Wide variety of furnished options, often available last minute | Varies by host; often less consistent or flexible for extended business needs |
| Extended-Stay Hotels | Short assignments, frequent weekly travel | Daily cleaning, on-site staff, minimal setup required | Limited privacy and living space; no full kitchen or in-unit laundry |
| Serviced Apartments | International relocations or assignments abroad where dedicated corporate housing is less common | Hotel-style services paired with apartment-style layouts | Higher cost, less flexible leasing, and limited availability outside major city centers |
| Executive Suites | Ultra-premium, boutique stays where luxury hotel services are the priority | &Upscale, private, amenity-rich environments | Expensive, limited availability, not scalable for teams |
Finding corporate housing that meets the needs of both companies and travelers means prioritizing convenience, flexibility, and trust.
Here’s a simple process to evaluate options and select the right provider:
Start by identifying the non-negotiables. The clearer these are, the easier it is to select the proper placement:
The most reliable path is to begin with a professionally managed corporate housing provider. These providers are designed specifically to support business travelers, relocations, and extended assignments, offering:
Whether you’re housing one executive or an entire project team, AVE provides consistent quality and personalized support.
Some travelers begin their housing search on listings platforms, which can be helpful for browsing options and connecting with providers. These work best as research tools, not complete solutions. Examples include:
Confirm details before committing:
For the smoothest experience, book with a provider that ensures clear lease terms, transparent pricing, and streamlined communication from start to finish.
✓ Length of Stay – Is this tied to a contract, relocation, or long-term project?
✓ Budget & Stipend Guidelines – What are your internal policies or caps for housing expenses?
✓ Work Setup – Is reliable Wi-Fi and a dedicated workspace non-negotiable?
✓ Pets or Family Needs – Will the housing be required to accommodate children, partners, or furry coworkers?
✓ Vendor & Procurement Compliance – Does your company require SOC compliance, invoicing standards, or pre-approved vendors?
✓ Location Logistics – How close is it to offices, client sites, training locations, or public transit?
Corporate housing demand tends to cluster in economic hubs with job mobility, regional headquarters, and long-term project activity.
Here are the top corporate housing markets AVE operates in:
| Market | Why it Matters | AVE Properties |
|---|---|---|
| White Plains, NY | Proximity to NYC, cluster of regional HQs, active relocation demand | AVE Hamilton Green |
| Phoenix, AZ | Government contracts, tech and semiconductor growth, healthcare demand | AVE Phoenix Terra AVE Paradise Valley |
| Greater Philadelphia, PA | Biotech, pharma, and finance hubs with consistent extended-stay needs | AVE Blue Bell Blue Bell Villas The Franklin Residences AVE King of Prussia AVE Malvern AVE Navy Yard |
| Silicon Valley, CA | High density of tech firms, long-term engineering and relocation assignments | AVE Santa Clara |
| Tampa, FL | Regional business expansion, healthcare systems, hybrid workforce trends | AVE Tampa Riverwalk |
| Austin, TX | Tech migration, startup internships, project-based hiring | AVE Austin North Lamar |
| Dallas, TX | HQ-heavy market, logistics and finance roles, strong convention traffic | AVE Las Colinas |
Corporate housing often goes by a few different names, depending on who you ask or where you’re searching:
While each of these terms may emphasize different aspects, like luxury, flexibility, or hotel-style amenities, they all refer to the same core idea: fully furnished, professionally managed housing designed for longer stays.
Corporate housing is designed for a seamless, move-in ready lifestyle. Residences include furniture, housewares, Wi-Fi, linens, and utilities. Providers like AVE also offer on-site Resident Services teams, available 7 days a week, to support daily living needs.
Hotels and short-term rentals are ideal for vacations or quick trips. But for stays that extend into weeks or months, corporate housing offers a stable, home-like environment with professional support.
Residents enjoy full kitchens, in-unit laundry, and defined living spaces – features that make long-term stays more comfortable and sustainable. For companies, corporate housing provides confidence in quality, compliance, and consistent support during relocations and extended assignments.
Relocating professionals or supporting a project team? Partner with AVE for flexible, fully furnished apartments in top business hubs.