How Much Is a Hotel for a Month (2026 Data)
Extended-stay prices, the federal lodging rate for a month in every big metro, hotel months against rent in every state, price trends since 1998 and the tax rules for long stays.
- Published
- Updated
- 31 sources
- 135 statistics
- 12 min read
- Graduate of a top-ranked hospitality business school
- Former VP Revenue Management, 400-property hotel group
- Certified hotel-industry analyst
- Former federal consular-fee policy analyst
- Credentialed actuary
- 18 years in travel-insurance underwriting
Key findings
- $1,983Thirty nights at a big hotel group's 2025 extended-stay average rate cost about $1,983, before taxes.
- $3,300At the $110 federal standard lodging rate in force in fiscal 2026, 30 hotel nights cost $3,300.
- $8,323A month at New York City's average federal lodging rate is $8,323, 3.3 times a local studio's rent.
- 3.1 timesAcross the 48 contiguous states and DC, a federal-rate hotel month costs 3.1 times a studio's rent.
- 50.5%Stays of 30 nights or more brought in 50.5% of one mid-price chain's owned-hotel room revenue in 2020.
- 30 daysTexas, Illinois and Arizona exempt stays of 30 days or more in a row from state lodging tax.
- 88.5%Nashville's 30-night federal lodging rate rose 88.5% from fiscal 2014 to 2027, the most of 19 big metros.
- 153%US rents rose 153% from 1998 to 2025, more than twice the 71% rise in lodging prices.
How much is a hotel for a month? In an extended-stay hotel, about $1,9831: thirty nights at the 2025 average rate of a big hotel group's US extended-stay brands, $66.102 a night, before taxes. At the federal standard lodging rate in force today, $1103 a night in fiscal 2026, the same month comes to $3,3001; from October 1, 2026 the rate rises to $1133, or $3,3901 for 30 nights. In New York City the federal lodging rate averages $277.433 a night over the year, $8,3231 a month, about four times the extended-stay month.
An apartment is cheaper: a studio across the 48 contiguous states and DC rents for $1,3451 a month at the Fair Market Rent, the 40th-percentile rent including utilities, weighted by population. Below are the monthly prices of extended-stay hotels, the federal lodging rate for a month in every big metro, how a hotel month compares with rent in every state, how both prices moved since 1998, and the tax rules that change once a stay passes 30, 90 or 180 days.
What a month in a hotel costs
A hotel month is thirty nights at the nightly rate. Among one big hotel group's US segments, the cheapest nights are in its extended-stay hotels2: in 2025 its extended-stay brands franchised in the US (WoodSpring Suites, Suburban Studios, MainStay Suites and Everhome Suites) averaged $66.102 a night, up 3.1%1 from $64.122 in 2024. At that rate a month costs $1,9831, against $1,923.601 a year earlier. Thirty nights at the average rate of the same franchisor's upscale hotels come to $4,492.501.
- Upscale & Above: $4,492.50 for 30 nights.
- Extended Stay: $1,983, the lowest of the five bars.
- The total across segments is $2,851.50.
| 1 | Upscale & Above | 149.75 | 151.91 | 56.3 | 84.35 | 4,492.5 |
| 2 | Midscale & Upper Midscale | 99.21 | 100.91 | 54.9 | 54.50 | 2,976.3 |
| 3 | All segments (total) | 95.05 | 96.64 | 55.6 | 52.85 | 2,851.5 |
| 4 | Economy | 70.73 | 72.15 | 46.7 | 33.02 | 2,121.9 |
| 5 | Extended Stay | 66.10 | 64.12 | 69.1 | 45.67 | 1,983.0 |
Extended-stay rooms are also the fullest. Their occupancy was 69.1%2 in 2025, against 55.6%2 for all segments together, and revenue per available room was $45.672, above the economy segment's $33.022 even though the economy nightly rate was higher. Counting every hotel in the group's US system, in the first quarter of 2026 extended-stay occupancy was 66.1%4, against 50.9%4 for all of the group's US hotels, and the average rate was $66.354, or about $1,9901 for 30 nights.
| 1 | Upscale & Above | 140.24 | 0.5 | 50.1 | 0.2 | 70.24 | 0.8 |
| 2 | Midscale & Upper Midscale | 92.29 | −2.1 | 49.8 | 0.0 | 45.93 | −2.1 |
| 3 | Total US | 88.74 | −2.1 | 50.9 | −0.1 | 45.18 | −2.3 |
| 4 | Extended Stay | 66.35 | 0.1 | 66.1 | −1.7 | 43.86 | −2.4 |
| 5 | Economy | 66.11 | −5.5 | 42.3 | −1.5 | 27.99 | −8.5 |
How much is an extended stay hotel per month?
At one mid-price extended-stay chain's owned hotels, a month cost around $2,000 from 2016 to 2019. Its company-owned hotels averaged $49.775 a night in 2012, $1,493.101 for 30 nights; the rate climbed every year to $69.676 in 2018, a $2,090.101 month. It then slipped to $67.976 in 2019 and fell 12.0%7 in 2020 to $59.837, $1,794.901 for 30 nights, while occupancy was still 73.1%7.
| 1 | 2012 | 73.3 | 49.77 | 36.46 | 1,493.1 | 682 | 75,928 |
| 2 | 2013 | 74.2 | 54.15 | 40.18 | 1,624.5 | 684 | 76,219 |
| 3 | 2014 | 74.3 | 57.93 | 43.02 | 1,737.9 | 682 | 76,000 |
| 4 | 2015 | 73.7 | 62.22 | 45.89 | 1,866.6 | 629 | 69,383 |
| 5 | 2016 | 74.1 | 66.43 | 49.23 | 1,992.9 | 629 | 69,383 |
| 6 | 2017 | 74.5 | 67.19 | 50.09 | 2,015.7 | 624 | 68,686 |
| 7 | 2018 | 75.9 | 69.67 | 52.86 | 2,090.1 | 554 | 61,552 |
| 8 | 2019 | 76.7 | 67.97 | 52.16 | 2,039.1 | 557 | 61,933 |
| 9 | 2020 | 73.1 | 59.83 | 43.76 | 1,794.9 | 563 | 62,667 |
The ranges quoted by one extended-stay chain fit these averages. It puts typical extended-stay prices at $1,200 to $3,0009 a month, or $300 to $8009 a week, with some of its own locations under $2009 a week.
Weekly and monthly rates
Long stays are priced down in steps. At WoodSpring Suites, an economy extended-stay brand, the weekly rate plan for stays of 7 to 13 nights averages 34%10 less per night than the daily plan for 1 to 6 nights, and stays of 28 nights or more average 44%11 less. A four-week guest therefore pays about 56%1 of the daily-plan price per night, and the discount starts two nights before the 30-night mark that matters for tax.
| 1 | WoodSpring Suites, 1-6 nights (daily plan) | Reference rate | 100% |
| 2 | WoodSpring Suites, 7-13 nights (weekly plan) | 34% less per night on average | 66% |
| 3 | WoodSpring Suites, 28+ nights | 44% less per night on average | 56% |
| 4 | Second chain, typical extended-stay week | $300 to $800 per week | - |
| 5 | Second chain, typical extended-stay month | $1,200 to $3,000 per month | - |
| 6 | Second chain, its cheapest locations | under $200 per week | - |
Who stays a month or longer
For extended-stay hotels the month-long guest is the core business. At the mid-price chain above, stays of 30 nights or more brought in 44.2%12 of total revenue in 2015 and 41.6%6 of owned-hotel room revenue in 2019. In 2020 the share jumped to 50.5%7, 8.91 percentage points more than a year earlier, while stays of 1 to 6 nights fell to 28.3%7.
| 1 | 2015 | 32.2 | 23.6 | 44.2 | total revenues |
| 2 | 2016 | 35.7 | 22.7 | 41.6 | total revenues |
| 3 | 2017 | 37.1 | 21.8 | 41.1 | total revenues |
| 4 | 2018 | 37.0 | 21.1 | 41.9 | owned hotel room revenues |
| 5 | 2019 | 37.7 | 20.7 | 41.6 | owned hotel room revenues |
| 6 | 2020 | 28.3 | 21.2 | 50.5 | owned hotel room revenues |
The segment is large. By an industry research firm's count for 2020, the US had about 545,00016 extended-stay rooms at the end of that year. The mid-price tier, with pre-pandemic daily rates of $557 to $1057, held about 31%16 of them, and about 43%7 of the mid-price rooms carried one brand, by that brand's own count.
| 1 | Extended-stay rooms in the US, December 31, 2020 | about 545,000 |
| 2 | Mid-price tier's share of extended-stay room supply | about 31% |
| 3 | Share of mid-price extended-stay rooms under one brand | about 43% |
| 4 | Mid-price daily rate range before the pandemic | $55 to $105 |
A month at the federal lodging rate
Chain averages mix cheap and expensive places. The federal lodging rate does the opposite: it sets, for every county, the most a federal traveler is reimbursed per night before taxes, from market data. It is a cap, not a price, but it is the one official nightly hotel figure for every county in the contiguous US.
The standard rate since 2014
The standard rate, which covers every county without its own rate, is $1103 a night in fiscal 2026 (October 2025 to September 2026), $3,3001 for 30 nights. It was $833 in fiscal 2014, a $2,4901 month, so the capped month has grown 32.5%1 in twelve years. The biggest step came in fiscal 2024, from $983 to $1073. The next rate, $1133 from October 1, 2026, adds 2.7%1.
Projection: linear trend of 2014–2027 yearly values, 95% prediction range. Our calculation, not a forecast.
- Fiscal 2014: $2,490.
- Fiscal 2026, in force today: $3,300.
- Fiscal 2027: $3,390.
| 1 | 2014 | 83 | 2,490 | 46 | 366 |
| 2 | 2015 | 83 | 2,490 | 46 | 362 |
| 3 | 2016 | 89 | 2,670 | 51 | 349 |
| 4 | 2017 | 91 | 2,730 | 51 | 346 |
| 5 | 2018 | 93 | 2,790 | 51 | 332 |
| 6 | 2019 | 94 | 2,820 | 55 | 325 |
| 7 | 2020 | 96 | 2,880 | 55 | 322 |
| 8 | 2021 | 96 | 2,880 | 55 | 319 |
| 9 | 2022 | 96 | 2,880 | 59 | 319 |
| 10 | 2023 | 98 | 2,940 | 59 | 316 |
| 11 | 2024 | 107 | 3,210 | 59 | 302 |
| 12 | 2025 | 110 | 3,300 | 68 | 296 |
| 13 | 2026 | 110 | 3,300 | 68 | 296 |
| 14 | 2027 | 113 | 3,390 | 68 | 295 |
Meals come on top. The standard daily allowance for meals and incidental expenses rose from $463 in fiscal 2014 to $683 in fiscal 2025, where it stays through fiscal 2027; thirty days of it add $2,0401, for $5,3401 of lodging and meals together in a standard-rate month.
Projection: linear trend of 2014–2027 yearly values, 95% prediction range. Our calculation, not a forecast.
- $46 a day in fiscal 2014.
- $68 a day from fiscal 2025 to 2027.
The most expensive places for a month
In fiscal 2026, 2963 places have their own lodging rate, from $1123 a night ($3,3601 a month) up. Averaged over the year's seasons, Key West is the most expensive: $321.593 a night, $9,6481 for 30 nights. Resort towns hold most of the top places, and their seasons swing widely: a winter month in Park City, at $4833 a night from December to March, costs $14,4901, against $6,6301 in its low season.
- Key West: $9,648 for 30 nights.
- New York City: $8,323.
- District of Columbia: $7,012.
Averages hide the seasons. In Nantucket a peak-season month is $14,1301 and a low-season month $5,2501; in Santa Monica the rate is the same all year, $8,1901 for 30 nights.
| 1 | Key West, FL | 321.59 | 7,740 | 13,080 |
| 2 | Park City, UT | 307.85 | 6,630 | 14,490 |
| 3 | Martha's Vineyard, MA | 284.91 | 5,880 | 13,860 |
| 4 | Jackson / Pinedale, WY | 281.52 | 6,360 | 12,600 |
| 5 | New York City, NY | 277.43 | 5,370 | 10,260 |
| 6 | Nantucket, MA | 273.94 | 5,250 | 14,130 |
| 7 | Boston / Cambridge, MA | 273.73 | 6,270 | 10,470 |
| 8 | Aspen, CO | 273.30 | 6,210 | 12,210 |
| 9 | Santa Monica, CA | 273.00 | 8,190 | 8,190 |
| 10 | Vail, CO | 265.98 | 6,030 | 11,910 |
| 11 | San Francisco, CA | 263.35 | 7,770 | 8,160 |
| 12 | Sun Valley / Ketchum, ID | 260.22 | 5,430 | 9,000 |
| 13 | Charleston, SC | 246.54 | 6,540 | 8,640 |
| 14 | Telluride, CO | 239.03 | 5,520 | 10,500 |
| 15 | District of Columbia, DC | 233.73 | 5,490 | 8,280 |
Most places with their own rate are far cheaper than the top of the list. Of the 2963, 1173 come to under $4,000 for 30 nights and 1203 to $4,000-$4,999, so 80.1%1 of them stay under $5,000; only 163 reach $7,000 or more.
- 120 localities fall in the $4,000-$4,999 band.
- 117 are under $4,000.
- 16 reach $7,000 or more.
Big-city months, then and now
In New York City a month at the federal lodging rate went from $7,8091 in fiscal 2014 to $8,3231 in fiscal 2026 and will be $8,7481 from October 2026, 12.0%1 more than in 2014. The city's monthly figure dipped to $7,3471 in fiscal 2021-2023 before climbing again.
Projection: linear trend of 2014–2027 yearly values, 95% prediction range. Our calculation, not a forecast.
- Fiscal 2014: $7,809.
- Fiscal 2021-2023: $7,347.
- Fiscal 2027: $8,748.
Across 19 big metros, a federal-rate month from October 2026 runs from $3,9901 in Houston to $8,7481 in New York City.
| 1 | New York City | 7,809 | 7,560 | 8,748 | 12.0 |
| 2 | Boston / Cambridge | 6,066 | 7,759 | 8,543 | 40.8 |
| 3 | San Francisco | 5,770 | 8,930 | 8,119 | 40.7 |
| 4 | Washington, DC | 6,010 | 6,444 | 7,378 | 22.8 |
| 5 | Nashville | 3,660 | 6,578 | 6,900 | 88.5 |
| 6 | Seattle | 4,560 | 6,436 | 6,482 | 42.1 |
| 7 | San Diego | 4,170 | 5,190 | 6,446 | 54.6 |
| 8 | Denver / Aurora | 4,680 | 5,384 | 6,103 | 30.4 |
| 9 | Chicago | 5,221 | 5,692 | 6,073 | 16.3 |
| 10 | Los Angeles | 3,990 | 5,430 | 5,970 | 49.6 |
| 11 | Atlanta | 3,990 | 4,850 | 5,780 | 44.9 |
| 12 | Miami | 4,227 | 4,530 | 5,543 | 31.1 |
| 13 | Austin | 3,600 | 4,439 | 5,520 | 53.3 |
| 14 | Dallas | 3,615 | 4,664 | 5,520 | 52.7 |
| 15 | Phoenix / Scottsdale | 3,264 | 4,003 | 4,980 | 52.6 |
| 16 | Orlando | 3,247 | 4,004 | 4,594 | 41.5 |
| 17 | Minneapolis / St. Paul | 3,990 | 4,307 | 4,590 | 15.0 |
| 18 | Las Vegas | 2,760 | 3,261 | 4,263 | 54.5 |
| 19 | Houston | 3,540 | 3,785 | 3,990 | 12.7 |
The fastest riser of the 19 metros was Nashville, where a federal-rate month went from $3,6601 to $6,9001, up 88.5%1. Houston and New York City rose least, 12.7%1 and 12.0%1: a Houston month went from $3,5401 to $3,9901. San Francisco peaked at $8,9301 in fiscal 2020 and is $8,1191 from October 2026.
Seasons: when the same month almost doubles
Most big-city rates change with the season. In New York City the fiscal 2026 rate is $1793 a night in January and February and $3423 from October to December and in September, so a winter month is $5,3701 and an autumn month $10,2601, almost double. Meals and incidentals add $923 a day in New York City and $803 in Houston: lodging and meals together make a New York City month $11,0831, and a Houston month $6,2401.
| 1 | New York City | 179 | 342 | 92 | 2,760 | 11,083 |
| 2 | Boston / Cambridge | 209 | 349 | 92 | 2,760 | 10,972 |
| 3 | San Francisco | 259 | 272 | 92 | 2,760 | 10,661 |
| 4 | Washington, DC | 183 | 276 | 92 | 2,760 | 9,772 |
| 5 | Nashville | 217 | 248 | 86 | 2,580 | 9,245 |
| 6 | Seattle | 188 | 248 | 92 | 2,760 | 9,002 |
| 7 | San Diego | 199 | 237 | 86 | 2,580 | 8,741 |
| 8 | Chicago | 142 | 234 | 92 | 2,760 | 8,620 |
| 9 | Denver / Aurora | 165 | 215 | 92 | 2,760 | 8,590 |
| 10 | Los Angeles | 191 | 191 | 86 | 2,580 | 8,310 |
| 11 | Atlanta | 182 | 197 | 86 | 2,580 | 8,151 |
| 12 | Miami | 145 | 232 | 92 | 2,760 | 8,049 |
| 13 | Austin | 173 | 187 | 80 | 2,400 | 7,694 |
| 14 | Dallas | 170 | 191 | 80 | 2,400 | 7,655 |
| 15 | Phoenix / Scottsdale | 113 | 229 | 86 | 2,580 | 7,364 |
| 16 | Minneapolis / St. Paul | 148 | 148 | 92 | 2,760 | 7,200 |
| 17 | Orlando | 140 | 169 | 80 | 2,400 | 6,815 |
| 18 | Las Vegas | 126 | 159 | 86 | 2,580 | 6,604 |
| 19 | Houston | 128 | 128 | 80 | 2,400 | 6,240 |
Hotel or apartment: how much it costs to live in a hotel for a month
Measured against rent, a hotel month is expensive everywhere. The comparison here uses the Fair Market Rent for fiscal 2026: the 40th-percentile monthly rent, utilities included, of standard-quality units that recent movers pay. A Boston studio's Fair Market Rent is $2,35917 a month; 30 nights at the city's federal lodging rate are $8,2121, $5,8531 more and 3.481 times the rent. In New York City the month at the federal rate is $5,7941 above a studio's $2,52917 rent.
- Boston: $5,853 more than a studio's rent.
- New York City: $5,794 more.
- Houston: $2,560 more.
| 1 | Boston / Cambridge | 2,359 | 2,476 | 8,212 | 5,853 | 3.48 |
| 2 | New York City | 2,529 | 2,655 | 8,323 | 5,794 | 3.29 |
| 3 | San Francisco | 2,485 | 2,977 | 7,901 | 5,416 | 3.18 |
| 4 | Nashville | 1,507 | 1,578 | 6,665 | 5,158 | 4.42 |
| 5 | Washington, DC | 1,953 | 2,015 | 7,012 | 5,059 | 3.59 |
| 6 | Chicago | 1,480 | 1,581 | 5,860 | 4,380 | 3.96 |
| 7 | Denver / Aurora | 1,643 | 1,754 | 5,830 | 4,187 | 3.55 |
| 8 | Seattle | 2,074 | 2,146 | 6,242 | 4,168 | 3.01 |
| 9 | Atlanta | 1,585 | 1,660 | 5,571 | 3,986 | 3.51 |
| 10 | San Diego | 2,288 | 2,459 | 6,161 | 3,873 | 2.69 |
| 11 | Austin | 1,474 | 1,562 | 5,294 | 3,820 | 3.59 |
| 12 | Dallas | 1,582 | 1,648 | 5,255 | 3,673 | 3.32 |
| 13 | Los Angeles | 2,079 | 2,328 | 5,730 | 3,651 | 2.76 |
| 14 | Miami | 1,828 | 1,995 | 5,289 | 3,461 | 2.89 |
| 15 | Phoenix / Scottsdale | 1,457 | 1,583 | 4,784 | 3,327 | 3.28 |
| 16 | Minneapolis / St. Paul | 1,242 | 1,405 | 4,440 | 3,198 | 3.57 |
| 17 | Orlando | 1,650 | 1,731 | 4,415 | 2,765 | 2.68 |
| 18 | Las Vegas | 1,333 | 1,478 | 4,024 | 2,691 | 3.02 |
| 19 | Houston | 1,280 | 1,323 | 3,840 | 2,560 | 3.00 |
In multiples the order of the metros changes. Among the 19, the highest multiple is Nashville's, 4.421 times its studio rent, and the lowest Orlando's, 2.681 times. In 18 of the 19 metros even a two-bedroom apartment rents for less than half of a federal-rate hotel month: in San Francisco a two-bedroom's Fair Market Rent of $3,60417 is 45.6%1 of the $7,9011 hotel month. The exception is Los Angeles, where a two-bedroom's $2,90317 is 50.7%1 of the $5,7301 month.
- San Francisco: $3,604 a month.
- Honolulu: $2,642.
- Houston: $1,573.
By state
State figures weight each county's federal lodging rate and studio rent by its population (our calculation). Across the 48 contiguous states and DC, the weighted federal lodging rate is $140.801 a night, $4,2241 for 30 nights, $2,8791 above the weighted studio rent of $1,3451, or 3.11 times. The gap is largest in DC, $5,0591, and smallest in North Carolina, $2,3731.
- District of Columbia: $5,059.
- New York: $3,949.
- North Carolina: $2,373.
In multiples the order flips. The federal standard rate does not fall below $1103 where rents are low, so the hotel month is the largest multiple of a studio's rent in rural, low-rent states: 4.651 times in Wyoming and 4.451 in West Virginia. Massachusetts, with high rents, has the lowest multiple, 2.471.
- Wyoming: 4.65 times a studio's rent.
- West Virginia: 4.45 times.
- Alabama and Louisiana: 4.14 times.
Hotel prices vs rent over the years
Over the long run rent has risen much faster than hotel prices. From 1998 to 2025 the consumer price index for lodging away from home (hotels, motels and other lodging) rose 71.3%1, and the index for rent of a primary residence 152.7%1, more than twice as much. Hotel prices fell in recessions: by 6.6%1 in 2009 and 10.2%1 in 2020.
Projection: linear trend of 1998–2025 yearly values, 95% prediction range. Our calculation, not a forecast.
- 2025: 171.3, up 71.3% since 1998.
- 2020: 136.6, down from 152.2 in 2019.
Rent followed a steadier path: its index rose every year, to 252.71 in 2025 on the same 1998 = 100 base19.
Projection: linear trend of 1998–2025 yearly values, 95% prediction range. Our calculation, not a forecast.
- 2025: 252.7, up 152.7% since 1998.
- 2019: 192.4.
| 1 | 1998 | 109.000 | 172.100 | 100.0 | 100.0 |
| 2 | 1999 | 112.300 | 177.500 | 103.0 | 103.1 |
| 3 | 2000 | 117.500 | 183.900 | 107.8 | 106.9 |
| 4 | 2001 | 118.600 | 192.100 | 108.8 | 111.6 |
| 5 | 2002 | 118.300 | 199.700 | 108.5 | 116.0 |
| 6 | 2003 | 119.300 | 205.500 | 109.4 | 119.4 |
| 7 | 2004 | 125.900 | 211.000 | 115.5 | 122.6 |
| 8 | 2005 | 130.300 | 217.300 | 119.5 | 126.3 |
| 9 | 2006 | 136.000 | 225.100 | 124.8 | 130.8 |
| 10 | 2007 | 142.813 | 234.679 | 131.0 | 136.4 |
| 11 | 2008 | 143.664 | 243.271 | 131.8 | 141.4 |
| 12 | 2009 | 134.243 | 248.812 | 123.2 | 144.6 |
| 13 | 2010 | 133.656 | 249.385 | 122.6 | 144.9 |
| 14 | 2011 | 137.401 | 253.638 | 126.1 | 147.4 |
| 15 | 2012 | 140.521 | 260.367 | 128.9 | 151.3 |
| 16 | 2013 | 142.439 | 267.725 | 130.7 | 155.6 |
| 17 | 2014 | 148.452 | 276.162 | 136.2 | 160.5 |
| 18 | 2015 | 153.003 | 286.032 | 140.4 | 166.2 |
| 19 | 2016 | 158.080 | 296.820 | 145.0 | 172.5 |
| 20 | 2017 | 159.387 | 308.143 | 146.2 | 179.0 |
| 21 | 2018 | 161.072 | 319.289 | 147.8 | 185.5 |
| 22 | 2019 | 165.888 | 331.124 | 152.2 | 192.4 |
| 23 | 2020 | 148.916 | 341.468 | 136.6 | 198.4 |
| 24 | 2021 | 163.422 | 349.135 | 149.9 | 202.9 |
| 25 | 2022 | 181.309 | 370.199 | 166.3 | 215.1 |
| 26 | 2023 | 189.095 | 399.643 | 173.5 | 232.2 |
| 27 | 2024 | 188.507 | 420.060 | 172.9 | 244.1 |
| 28 | 2025 | 186.674 | 434.889 | 171.3 | 252.7 |
Since 2019 the gap has widened again: lodging prices are 12.5%1 higher in 2025 and rent 31.3%1. Neither index has an official outlook; the dashed lines are a straight-line trend of each series, our calculation and not a forecast.
Month to month the two move differently: hotel prices swing with the seasons while rent climbs in small steps. Between January 2024 and August 2026 the lodging index hit a low of 171.91618 in November 2025 and a high of 207.01218 in May 2026, 20.4%1 higher. In August 2026 lodging prices were 3.2%1 above a year earlier and rent 2.7%1.
- Lodging away from home
- Rent of primary residence
- Lodging peaked at 116.1 in May 2026.
- Rent reached 109.0 in August 2026.
Tax and the 30-day line
Tax is part of how much it costs to rent a hotel for a month: hotel taxes are charged on top of the rate, and several states stop charging them once a stay is long enough. In Texas the state hotel occupancy tax ends at 3020 consecutive days; a guest who gives written notice of a 30-day stay at check-in is exempt from the first day, otherwise the first 30 days are taxed. Illinois and Arizona tax stays of fewer than 3021 consecutive days22. Georgia's $523 state fee per night stops on the 31st day, and checking out and back in restarts the count.
Other places wait longer. New York State sales tax stops for a guest who has stayed 9024 consecutive days, but New York City's local sales tax runs until 18024. North Carolina exempts accommodations supplied to the same person for 9025 or more continuous days, and hotels collect the tax until then unless a lease requires the longer stay26. Florida's transient rental tax is due for the first six months unless a bona fide written lease covers more than six months of continuous residence27.
| 1 | Texas (state) | State hotel occupancy tax | 30 consecutive days | Exempt from day 1 with written notice of a 30+ day stay at check-in; otherwise the first 30 days are taxed |
| 2 | Illinois (state) | Hotel Operators' Occupation Tax | 30 consecutive days | Applies to rentals of fewer than 30 consecutive days |
| 3 | Arizona (state) | Transaction privilege tax, transient lodging | 30 consecutive days | A transient lodges for less than 30 consecutive days |
| 4 | Los Angeles County, CA (unincorporated areas) | Transient occupancy tax (12%) | More than 30 days | Guests staying 30 days or less are transient; a written agreement within the first 30 days to stay longer exempts the first 30 days too |
| 5 | Georgia (state) | $5 state hotel-motel fee per night | 31 consecutive days | Not collected from the 31st day; checking out and back in restarts the count |
| 6 | New York (state) | State sales tax | 90 consecutive days | A permanent resident (90 consecutive days without interruption) pays no sales tax |
| 7 | New York City | Local sales tax | 180 consecutive days | Charged until 180 consecutive days |
| 8 | North Carolina (state) | Sales tax on accommodations | 90 continuous days | Exempt for the same person for 90+ continuous days; tax collected until then unless a lease requires 90+ days |
| 9 | Florida (state) | Transient rental tax | More than 6 months | Exempt from day 1 with a bona fide written lease over 6 months; otherwise the first 6 months are taxed |
In unincorporated Los Angeles County the 12%28 transient occupancy tax covers stays of 30 days or less; a written agreement made within the first 30 days to stay longer exempts those first 30 days as well.
Federal travelers on long assignments
Federal employees on a long assignment are reimbursed their actual lodging cost up to the full locality rate, and a weekly or monthly room rate is divided by the days occupied to get the nightly cost. An agency may also set a reduced per diem rate when it knows in advance that lodging or meals will cost less, for example when two employees share a room or a kitchen is available (41 CFR 301-11.22)29. Military and Defense Department civilian travelers used to have a different rule: a flat 75%30 of the locality rate for lodging and meals on assignments of 31 to 180 days, and 55%30 beyond 180 days. That flat rate ended on August 13, 2018, when the defense authorization act for fiscal 2019 was signed; since then long assignments are paid under the normal lodging-plus per diem rules31.
| 1 | Federal Travel Regulation (all civilian agencies), current | Any length | Actual lodging cost up to 100% of the locality lodging rate, or a reduced rate the agency prescribes in advance when lodging or meals will cost less (41 CFR 301-11.22) |
| 2 | Federal Travel Regulation, weekly or monthly room rates | Any length | Total lodging cost divided by the days occupied, per day |
| 3 | DoD flat rate per diem, Nov 2014 - Aug 12, 2018 (ended) | 31-180 days | 75% of the locality rate (lodging + meals) |
| 4 | DoD flat rate per diem, Nov 2014 - Aug 12, 2018 (ended) | 181 days or more | 55% of the locality rate (lodging + meals) |
| 5 | DoD, from Aug 13, 2018 | Any length | Lodging plus per diem: actual lodging cost up to the locality lodging rate, plus meals & incidentals |
What the numbers mean for a month away from home
- The cheapest hotel month still costs more than an apartment: an extended-stay month at $1,9831 is about 1.51 times the $1,3451 studio Fair Market Rent across the contiguous states.
- Book 28 nights, not 27: at one economy extended-stay brand the 28-night plan averages 44%11 below the daily rate.
- Count to 30 for tax: in Texas, Illinois and Arizona the state hotel tax stops at 30 consecutive days20, so a 28-night stay gets the monthly rate but not the tax exemption.
- Time the month: at New York City's federal rate a winter month is $5,3701 and an autumn month $10,2601.
- Florida needs a lease: without a written lease of more than six months, a Florida stay is taxed for the first six months27.
FAQ
Do you pay hotel tax on a monthly stay?
Is a weekly hotel rate cheaper than the nightly rate?
Is living in a hotel cheaper than renting an apartment?
Do federal employees get a reduced rate for long stays?
Not automatically. Under the Federal Travel Regulation they are reimbursed actual lodging cost up to the locality rate, a weekly or monthly room rate is divided by the days occupied, and an agency may set a reduced per diem rate when it knows in advance that lodging or meals will cost less (41 CFR 301-11.22).29 The Defense Department's flat 75% or 55% rate for long assignments ended on August 13, 2018; normal per diem rules now apply.3031
What is the federal standard lodging rate for 2027?
$113 a night from October 1, 2026, the start of fiscal 2027, up from $110 in fiscal 2026; 30 nights come to $3,390.3
Conclusions
- Extended-stay months cost more than a studio. At the 2025 extended-stay average rate of a big hotel group a month is $1,983, about 1.5 times the $1,345 studio Fair Market Rent; at the $110 federal standard lodging rate in force today it is $3,300, and $3,390 from October 1, 2026.2173
- Big cities have the widest gaps, low-rent states the highest multiples. Boston's federal-rate month is $5,853 above its studio rent and Houston's $2,560, but the highest multiples are in low-rent states, 4.65 in Wyoming and 4.45 in West Virginia, because the $110 standard rate does not fall with local rents.317
- Stay length changes the bill twice. Discounts start at 7 nights (34% on average at one brand) and deepen at 28 (44%), while tax exemptions start at 30 consecutive days in Texas, Illinois and Arizona, 90 in New York State and North Carolina, 180 for New York City's local sales tax and more than six months in Florida.11202427
- Timing matters as much as place. New York City's federal rate makes a January-February month $5,370 and an autumn month $10,260; the lodging price index was 20.4% higher in May 2026 than in November 2025, while rent moved in small monthly steps.318
- Hotels got cheaper relative to rent. Rent rose 152.7% from 1998 to 2025 and lodging prices 71.3%; since 2019 the gap widened again, with rent up 31.3% and lodging 12.5%.1918
Methodology
- Hotel prices: US extended-stay, economy, midscale and upscale hotels of one hotel group, 2024-2025 (franchised hotels) and first quarter 2026 (all system hotels, change vs 2025); one mid-price chain's owned hotels 2012-2020.
- Federal lodging rates: every locality in fiscal 2014-2027 (fiscal 2027 = rates published for October 1, 2026); 19 big metros by their main federal locality.
- Rent: fiscal 2026 Fair Market Rents for 20 metros and every county; state and national figures for the 48 contiguous states and DC; Alaska and Hawaii have rents but no rate in the comparison, and Honolulu is excluded from the metro comparison.
- Price indexes: annual averages 1998-2025 (2025 without October, not collected) and months January 2024 - August 2026.
- Tax: nine jurisdictions, only the named tax in each; no international comparison (see the hotel cost page for nightly prices and city taxes).
Definition. A hotel month = 30 nights of a nightly figure, before taxes (our arithmetic). Average daily rate (ADR) = room revenue per room sold, a price; RevPAR = room revenue per available room, not a price. The federal lodging rate is the maximum nightly lodging reimbursement for federal travelers, excluding taxes, set per locality for each fiscal year (October-September); the standard rate covers every county in the 48 contiguous states without its own rate; it is a cap, not a price. Fair Market Rent = the 40th-percentile gross rent (shelter rent plus tenant-paid utilities) of standard-quality units rented by recent movers, fiscal 2026. The price indexes measure price change only, not price levels.
Data sources. Choice Hotels Form 10-K FY2025 (U.S. franchised hotels by chain scale) and first-quarter 2026 results (U.S. system-wide statistics), company; Extended Stay America Form 10-K filings FY2013-FY2020 (company-owned hotels), company; The Highland Group's 2020 extended-stay room count, industry, secondary (relayed in the ESA FY2020 10-K; Highland's reports are paid); WoodSpring Suites and InTown Suites rate pages, commercial; GSA per diem master rate files FY2014-FY2027, official; HUD FY2026 Fair Market Rents (county file), official; BLS CPI-U series CUUR0000SEHB and CUUR0000SEHA, official; state tax agency pages and statutes (Texas, Illinois, Arizona, Georgia, New York, North Carolina, Florida 2025 edition) and the Los Angeles County tax collector, official; 41 CFR Part 301-11 (eCFR), GAO-17-353 and the DoD PDTATAC computation example CE-FRT-02 (end of the flat rate), official.
Calculations. 30-night figures = nightly rate x 30. A locality's annual average = its seasonal rates weighted by the days each season covers in the fiscal year. State and national figures: each county gets its fiscal 2026 locality average if it has one, else the $110 standard rate, and county rates and studio rents are weighted by the 2023 population in the rent file; Connecticut's planning regions are matched to its old counties approximately, and eight sub-county city localities and federal installations are not assigned. Gaps = hotel month minus studio rent; ratios = hotel month / studio rent. Indexes are rebased by dividing by the base period and multiplying by 100. Projections on the yearly charts are a linear trend fitted on the whole series shown (fiscal 2014-2027; 1998-2025) with a 95% prediction range: our calculation, not a forecast; no official outlook exists for these series.
Limitations. Chain averages mix locations, seasons and stay lengths and exclude taxes and fees. The mid-price chain stopped filing annual reports after 2020; its 2018 figures are the restated ones, and its revenue-share basis changed in 2018 (total revenues before, owned-hotel room revenues after). The federal rate is a reimbursement cap, and a locality's county list can change between years; federal localities and rent areas differ in extent. Fair Market Rent is a 40th-percentile rent for recent movers, not an average rent. The DoD flat rate is shown as it applied until it ended on August 13, 2018. Tax rows cover only the named tax.
Sources
- Travel Statistics Bureau. “Travel Statistics Bureau calculations.” own calculation, 2026. Methodology. Accessed 2026-09-25. Back to text
- Choice Hotels International, Inc. “Form 10-K for the fiscal year ended December 31, 2025.” sec.gov, 2026. sec.gov. Accessed 2026-09-25. Back to text
- U.S. General Services Administration. “Per Diem Files (FY2014-FY2027 per diem master rate files).” gsa.gov, 2026-09. gsa.gov. Accessed 2026-09-25. Back to text
- Choice Hotels International, Inc. “Choice Hotels International Reports First Quarter 2026 Results (Exhibit 99.1).” sec.gov, 2026-04-30. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2013.” sec.gov, 2014-03-20. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2019.” sec.gov, 2020-02-26. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2020.” sec.gov, 2021-02-25. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2014.” sec.gov, 2015-02-26. sec.gov. Accessed 2026-09-25. Back to text
- InTown Suites. “How Much Are Extended Stay Hotels?” intownsuites.com, undated (fetched 2026-09-25). intownsuites.com. Accessed 2026-09-25. Back to text
- Choice Hotels International, Inc. “Offers on Weekly Hotel Rates.” woodspring.com, undated (fetched 2026-09-25). woodspring.com. Accessed 2026-09-25. Back to text
- Choice Hotels International, Inc. “Monthly Hotel Rates.” woodspring.com, undated (fetched 2026-09-25). woodspring.com. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2015.” sec.gov, 2016-02-23. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2016.” sec.gov, 2017-02-28. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2017.” sec.gov, 2018-02-27. sec.gov. Accessed 2026-09-25. Back to text
- Extended Stay America, Inc. “Form 10-K for the fiscal year ended December 31, 2018.” sec.gov, 2019-02-27. sec.gov. Accessed 2026-09-25. Back to text
- The Highland Group. “US extended-stay room supply, 2020 (as relayed in Extended Stay America Form 10-K for fiscal 2020).” sec.gov, 2021-02-25. sec.gov. Accessed 2026-09-25. Back to text
- U.S. Department of Housing and Urban Development. “FY 2026 Fair Market Rents (revised county file).” huduser.gov, 2025-10-01 (revised file, updated 2026-04-21). huduser.gov. Accessed 2026-09-25. Back to text
- U.S. Bureau of Labor Statistics. “CPI-U, U.S. city average, Lodging away from home (CUUR0000SEHB).” bls.gov, 2026-09. download.bls.gov. Accessed 2026-09-25. Back to text
- U.S. Bureau of Labor Statistics. “CPI-U, U.S. city average, Rent of primary residence (CUUR0000SEHA).” bls.gov, 2026-09. download.bls.gov. Accessed 2026-09-25. Back to text
- Texas Comptroller of Public Accounts. “Hotel Occupancy Tax Frequently Asked Questions.” comptroller.texas.gov, undated (fetched 2026-09-25). comptroller.texas.gov. Accessed 2026-09-25. Back to text
- Illinois Department of Revenue. “Hotel Operators' Occupation Tax.” tax.illinois.gov, undated (fetched 2026-09-25). tax.illinois.gov. Accessed 2026-09-25. Back to text
- Arizona State Legislature. “42-5070. Transient lodging classification; definition.” azleg.gov, undated (fetched 2026-09-25). azleg.gov. Accessed 2026-09-25. Back to text
- Georgia Department of Revenue. “State Hotel-Motel - FAQ.” dor.georgia.gov, undated (fetched 2026-09-25). dor.georgia.gov. Accessed 2026-09-25. Back to text
- New York State Department of Taxation and Finance. “Hotel and Short-Term Rental Unit Occupancy (TB-ST-331).” tax.ny.gov, undated (fetched 2026-09-25). tax.ny.gov. Accessed 2026-09-25. Back to text
- North Carolina General Assembly. “G.S. 105-164.4F Accommodation rentals.” ncleg.gov, undated (fetched 2026-09-25). ncleg.gov. Accessed 2026-09-25. Back to text
- North Carolina Department of Revenue. “SUPLR 2017-0002 Accommodation Rental for 90 Continuous Days or More.” ncdor.gov, 2017. ncdor.gov. Accessed 2026-09-25. Back to text
- The Florida Legislature. “The 2025 Florida Statutes, 212.03 Transient rentals tax; rate, procedure, enforcement, exemptions.” flsenate.gov, 2025. flsenate.gov. Accessed 2026-09-25. Back to text
- Los Angeles County Treasurer and Tax Collector. “Transient Occupancy Tax: FAQs for Online Hosting Platforms.” ttc.lacounty.gov, 2020-08-12. ttc.lacounty.gov. Accessed 2026-09-25. Back to text
- Office of the Federal Register. “41 CFR Part 301-11 - Per Diem Expenses.” ecfr.gov, current as of 2026-09-23. ecfr.gov. Accessed 2026-09-25. Back to text
- U.S. Government Accountability Office. “DOD Joint Travel Regulations: Actions Are Needed to Clarify Flat Rate Per Diem Policy (GAO-17-353).” gao.gov, 2017-05. gao.gov. Accessed 2026-09-25. Back to text
- U.S. Department of Defense (Per Diem Travel and Transportation Allowance Committee). “Traveler Shares Housing with Other Official Travelers and Flat-Rate Per Diem Transitions to Lodging Plus Per Diem (JTR, par. 020311), CE-FRT-02.” travel.dod.mil, 2018-08-08. travel.dod.mil. Accessed 2026-09-25. Back to text
About the author
Anneliese Kurz analyzes hotel pricing, occupancy trends, loyalty-program value and the economics of the lodging sector. A graduate of one of Europe's leading hospitality business schools, she began her career in front-of-house operations before moving into revenue management, where she built demand-forecasting models for luxury and midscale properties. She rose to Vice President of Revenue Management for an international hotel group with more than 400 properties, overseeing pricing strategy across Europe, the Middle East and Asia-Pacific. During that period she led the group's response to two major demand shocks and developed the internal benchmarking system still used to compare property performance against market data. Anneliese holds a professional certification in hotel-industry analytics and has lectured on revenue strategy at her alma mater and at industry conferences. Her analyses rely on industry benchmark data, public company filings and her own modeling, with methodology disclosed on every piece.
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