Corporate Relocation Housing: What Is It & How to Find the Best Option for You

Did you know that the global corporate housing market is expected to exhibit a CAGR of 6.5% from 2024 to 2029? This shows how important it is to have good relocation solutions. When you move for a job, finding the right temporary accommodations can be a challenge. The right temporary housing helps you and your family get used to a new city while you look for a permanent home.

Corporate relocation housing is designed to meet these needs. It lets you explore the area and make smart choices for your long-term housing. With the right corporate housing options, you can reduce stress during your move.

Key Takeaways

• Corporate relocation housing is the best solution for transitioning employees.
• Temporary accommodations help families settle into new cities comfortably.
• Professional housing services ease the search for permanent housing.
• Exploring local areas becomes easier with corporate housing options.

What Is Corporate Relocation Housing

Corporate relocation housing is special housing for employees moving to a new place. It includes many options like fully furnished apartments and houses. These are ready for employees to move in right away.

There are many benefits to corporate housing. It saves employees from long leases and house hunts. They can quickly settle into their new home and community. Many companies also offer help, like showing you around and introducing you to local spots.

These resources help make your move easier. They take care of your housing needs and support you. This way, employees can quickly get into their new job and community, making the workplace better for everyone.

Types of Corporate Relocation Housing Rentals

Understanding the different types of corporate housing helps you pick the right fit for your company’s needs. Here are some top choices for temporary housing.

Corporate Short-Term Rentals

Corporate short-term rentals provide flexible and fully furnished living spaces designed for professionals who need housing for a few weeks to a few months. These properties typically include all the essentials: furniture, kitchenware, linens, and Wi-Fi. 

Short-term rentals are often found in prime locations close to business hubs, entertainment, and transportation, making them convenient for professionals who need easy access to work and city amenities. They’re ideal for project-based assignments, internships, or employees in transition before finding permanent housing.

Furnished Corporate Housing

Furnished corporate housing offers move-in-ready apartments, condos, or houses equipped with stylish furniture, full kitchens, and modern appliances. This type of housing is an excellent choice for employees and their families who want to avoid the hassle of buying or moving furniture. 

In addition to home furnishings, many properties include utilities, housekeeping services, and access to amenities such as pools, gyms, and business centers. Furnished housing creates a homelike environment, helping relocating employees settle in quickly and focus on their work.

Corporate Apartments

Corporate apartments are rental units specifically set up for business travelers or relocating professionals. They are usually offered on flexible lease terms—ranging from a month to a year—and often located near key business districts, making daily commutes easier. 

These apartments tend to be part of larger residential communities that offer on-site amenities like fitness centers, lounges, or co-working spaces. Corporate apartments are a smart option for solo professionals or small families looking for convenience, affordability, and community.

Long-Term Corporate Housing

Long-term corporate housing is suited for employees or executives who expect to stay in a new city for six months or longer. These properties can be either fully furnished or semi-furnished, allowing employees to personalize their space to feel more like home. 

Long-term options are ideal for extended work assignments, relocations while awaiting a home purchase, or even for companies setting up a new branch office. Staying in one place for an extended period also helps employees integrate into the local community, making their relocation experience smoother.

Corporate House Rentals

Corporate house rentals offer larger, single-family homes for employees who need more space, privacy, and comfort—especially those relocating with families or pets. These houses provide a full residential experience, typically including private yards, multiple bedrooms and bathrooms, garages, and dedicated office spaces. 

Corporate house rentals are perfect for executives, high-level managers, or anyone who needs room for both living and working from home. They also offer greater flexibility for hosting family visits or entertaining clients in a comfortable setting.

Type of Housing	Description	Ideal For
Corporate Short-Term Rentals	Fully furnished rentals for a few weeks to a few months; close to business hubs and city amenities.	Professionals on temporary assignments, internships, or in transition.
Furnished Corporate Housing	Move-in-ready homes with furniture, appliances, utilities, and amenities like gyms and pools.	Employees and families who want convenience and a homelike environment.
Corporate Apartments	Flexible lease apartments located near business districts, often with amenities like fitness centers.	Solo professionals or small families needing affordable, convenient stays.
Long-Term Corporate Housing	Fully or semi-furnished housing for stays longer than six months; supports community integration.	Employees on long projects, relocations awaiting permanent homes, or new branch setups.
Corporate House Rentals	Single-family homes offering space, privacy, and comfort, including private yards and home offices.	Executives, managers, or families needing larger living areas for extended periods.

How to Find Corporate Relocation Housing

Finding corporate relocation housing can seem daunting at first. Think about what you need, like where you want to live, your budget, and how long you’ll stay. 

1. Understand the Requirements

Before you start your search, it’s important to clearly define your needs. Consider how long the stay will be — whether it’s short-term, mid-term, or long-term — and who exactly will be relocating. Is it just the employee, or will family members be joining too? You’ll also need to set a clear budget, either monthly or for the entire stay, and identify location priorities, such as proximity to the office, schools, public transport, or other conveniences.

2. Work with a Corporate Housing Company

One of the easiest ways to find corporate relocation housing is by working with a specialized corporate housing company. Companies like National Corporate Housing, SIRVA, and Chicago Suburbs Stay offer furnished apartments, townhomes, and houses specifically for business relocations. They typically provide flexible lease terms, utilities included in the price, and complete furniture packages, which makes the transition smooth and hassle-free.

3. Use Specialized Platforms

In addition to corporate housing companies, there are online platforms built for business travelers and relocations. Websites like Homelike and Chicago Suburbs Stay list fully furnished properties with flexible leases ideal for employees on the move. Platforms such as CorporateHousing.com offer extensive databases focused on the U.S. market, helping you quickly narrow down options suited for corporate stays.

4. Check with Local Real Estate Agents

Local real estate agents can be a valuable resource when searching for relocation housing. Many agencies have departments that specialize in short-term and corporate rentals, offering access to private listings and insider knowledge about the best neighborhoods for newcomers. They may also be able to help you negotiate better lease terms or find options that are not widely advertised.

5. Look into Extended Stay Hotels

If the relocation is only temporary — for a few weeks or months — extended-stay hotels can be an excellent solution. Brands like Residence Inn by Marriott, Staybridge Suites, and Homewood Suites by Hilton are designed for longer stays and often include full kitchens, on-site laundry facilities, and weekly cleaning services. They provide the comfort of an apartment with the convenience and service of a hotel.

6. Ask Your Employer or Relocation Service Provider

Before making any decisions on your own, it’s wise to check if your employer offers relocation support. Many companies have partnerships with relocation service providers or preferred housing vendors, and they might cover part or all of the costs. Even if direct financial support isn’t available, they can often provide a vetted list of recommended properties or helpful guidance for your search.

7. Negotiate Directly with Landlords

If you prefer to arrange housing independently through sites like Airbnb or Furnished Finder, don’t hesitate to negotiate directly with property owners. Many landlords are open to offering lower monthly rates for longer stays, waiving deposits, or adjusting move-in and move-out dates to accommodate your needs. Open communication can often lead to more favorable terms, especially for corporate renters.

Corporate Relocation Housing Options in Lake Zurich, IL

In Lake Zurich, you can find many great options for corporate housing. Pebblecreek Dr rental and Old Mill Grove Rd housing are perfect for temporary stays. They meet different needs for corporate accommodations.

1. 375 Pebblecreek Dr, Lake Zurich IL 60047

This 3-bedroom, 2-bathroom home offers 250m² of thoughtfully designed living space in the highly sought-after Lake Zurich area. Blending comfort and style, it features modern furnishings and decor that create a warm, contemporary feel.

Fully furnished and with all utilities included, this home provides a truly hassle-free living experience. High-speed internet is also available, ensuring seamless connectivity for work and leisure.

A spacious private yard adds an inviting outdoor retreat, perfect for relaxing or entertaining. With flexible lease terms, this property easily adapts to a variety of rental needs, making it an excellent choice for a temporary stay.

Key Specifications:

• Bedrooms: 3 
• Bathrooms: 2 
• Living Area: 250m² 
• Floors: 3 
• Garage: 2-car garage 
• Ceiling Height: 4 meters 

Included Utilities:

• All utilities (Electricity: 2,500 W) 
• Air conditioning and heating 
• Wireless internet 

Amenities & Features:

• Fully furnished with modern decor 
• Swimming pool and gym access 
• Local park and mosque nearby 
• Apple TV included 
• Spacious garden and shower facilities 

Parking & Accessibility:

• 2-car garage 
• Free zone parking

2.975 Old Mill Grove Rd, Lake Zurich, IL 60047

This spacious 4-bedroom, 3-bathroom home spans four levels, offering generous living space that’s perfect for families, corporate professionals, or anyone needing transitional housing. Available furnished or unfurnished, it provides the flexibility to match your style and needs.

Situated in Lake Zurich, it’s an ideal choice for those navigating Additional Living Expense (ALE) insurance claims, corporate relocations, or family transitions. The home comes equipped with essential amenities, including in-unit laundry, high-speed internet, and pet-friendly accommodations, ensuring comfort for every member of the household—including pets.

Key Specifications:

• Bedrooms: 4 
• Bathrooms: 3 
• Living Area: 250m² 
• Floors: 4 
• Garage: 2-car garage 
• Ceiling Height: 4 meters 

Included Utilities:

• All utilities (Electricity: 2,500 W) 
• Air conditioning and heating 
• Wireless internet 

Amenities & Features:

• Fully furnished (if preferred) or unfurnished 
• Swimming pool and gym access 
• Local park and mosque nearby 
• Apple TV included 
• Spacious garden and shower facilities 
• Pet-friendly 

Parking & Accessibility:

• 2-car garage 
• Free zone parking 

Conclusion

Corporate relocation housing should meet the needs of both individuals and families. This makes the transition easier while they find a permanent home.

Corporate housing offers more than just a place to stay. You can choose from short-term rentals, furnished homes, and corporate apartments. These options help meet different needs during relocation. Using these services boosts employee satisfaction and productivity in their new roles.

Investing in corporate relocation housing benefits everyone. It shows you care about your employees’ needs. With the right place to stay, they’ll feel supported and adjust well to their new roles and locations.

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