Mar 20, 2023 - Real Estate

"Standby" living comes to Northeast Ohio

Living room of a townhouse with white couch, rug and hardwood floors.

Home sweet temporary home. Photo: Courtesy of Landing

Have you ever wanted to live in a fully furnished apartment in one of Cleveland's premier nightlife neighborhoods with no lease, no security deposit and all utilities included?

Details: "Standby" living is a new residential offering from Landing, a subscription-based nationwide rental network of furnished apartments whose tagline is "Live without leases."

  • The concept is similar to flying standby: You can get an apartment cheaply, but you might get bumped by a higher-paying customer.

Why it matters: Living on standby isn't for everyone, but it's an affordable option for people seeking maximum flexibility — including remote professionals, contract workers on temporary assignments or those relocating to a new city.

How it works: Landing's standard members pay $199 annually for access to rent one of the company's 20,000 apartments in more than 375 cities, including Cleveland.

  • Rent is month to month, starting at a minimum of 30 days.

The intrigue: Landing recently launched its "Standby" membership, which costs a flat renting rate of $1,295 per month.

  • Standby members have access to the same fully furnished listings.

Yes, but: If a standard member books your home at a higher rate, you have a minimum of three days' notice to find a new home.

Zoom in: Cleveland had six apartments listed at the end of last week, fewer than Columbus, which had 66, and Cincinnati, which had nine.

  • Still, the options included luxury apartments in Tremont Place Lofts and the Euclid Grand, as well as townhomes in suburbs like North Royalton and Avon.
  • Prices ranged from around $1,500 to more than $3,000 per month, with most costing more than double the average asking rent of $1,214 in the Cleveland metro area.

Thought bubble: The flexibility and savings are impressive, especially for downtown Cleveland.

  • Some of the nicest Airbnb listings in Cleveland's trendiest neighborhoods would cost you $3,500-$4,500 for a month.

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